Home Industries Real Estate Featured Deal: Former Milwaukee Ballet building in Walker’s Point

Featured Deal: Former Milwaukee Ballet building in Walker’s Point

By
Alex Zank
-

Milwaukee Ballet recently sold its old headquarters building in Walker’s Point to a Port Washington-based investors group.  The building, also known as the Schlitz Tivoli Palm Garden, was built in 1901 by the Uihlein family, according to a news release. Milwaukee Ballet renovated and began occupying the building in 1981, two years after a fire

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Milwaukee Ballet recently sold its old headquarters building in Walker’s Point to a Port Washington-based investors group. 

The building, also known as the Schlitz Tivoli Palm Garden, was built in 1901 by the Uihlein family, according to a news release. Milwaukee Ballet renovated and began occupying the building in 1981, two years after a fire left it gutted. Milwaukee Ballet opened its new home in the Historic Third Ward in 2019.

The new owners of the Walker’s Point building have entered a lease agreement with Sheboygan-based Warped Studio, are finalizing an agreement with Milwaukee-based Daync Studio and are in discussions with a third dance studio to occupy the space. 

“There is local affection for this building, and it is our intent to honor those memories and what it has meant to so many in the community,” said Daniel Herlache, who along with Jordan Dimmer leads the investors group.

Address: 504 W. National Ave., Milwaukee

Buyer: H&D Investments

Seller: Milwaukee Ballet

Price: $740,000

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