Home Industries Real Estate Featured deal: Former Johnson Bank building in downtown Milwaukee

Featured deal: Former Johnson Bank building in downtown Milwaukee

By
Alex Zank
-
329-331 E. Wisconsin Ave.
329-331 E. Wisconsin Ave.

After consolidating operations into the Cathedral Place building in downtown Milwaukee, Racine-based Johnson Financial Group recently sold its former downtown Milwaukee building at the southeast corner of East Wisconsin Avenue and North Milwaukee Street. The buyer was an investors group led by local attorney Michael Levine. Milwaukee-based Kriete Group will be taking over the building,

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After consolidating operations into the Cathedral Place building in downtown Milwaukee, Racine-based Johnson Financial Group recently sold its former downtown Milwaukee building at the southeast corner of East Wisconsin Avenue and North Milwaukee Street.

The buyer was an investors group led by local attorney Michael Levine. Milwaukee-based Kriete Group will be taking over the building, according to city permit application records. 

The building dates back to 1870. It totals 17,000 square feet and has an assessed value of $1.51 million, city records show.

Address: 329-331 E. Wisconsin Ave. Buyer: 333 Benlev LLC Seller: Johnson Financial Group Price: $1.3 million

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