Home Industries Real Estate Featured deal: Mayfair Health Professional Building

Featured deal: Mayfair Health Professional Building

By
Cara Spoto
-

In a deal worth nearly $16 million, a three-story medical office building at the southwest corner of West Burleigh Street and Highway 100 in Wauwatosa changed hands in late May between two Chicago investment firms.  Located at 3077 N. Mayfair Road, the 51,615-square-foot Mayfair Health Professional Building has been a fixture at the busy corner

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Cara Spoto
Cara covers nonprofits, healthcare and education for BizTimes. Cara lives in Waukesha with her husband, a teenager, a toddler, a dog named Neutron, a bird named Potter, and a lizard named Peyoye. She loves music, food, and comedy, but not necessarily in that order.
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In a deal worth nearly $16 million, a three-story medical office building at the southwest corner of West Burleigh Street and Highway 100 in Wauwatosa changed hands in late May between two Chicago investment firms. 

Located at 3077 N. Mayfair Road, the 51,615-square-foot Mayfair Health Professional Building has been a fixture at the busy corner since 1984. It was most recently owned by Innovative Capital Advisors and managed by Chicago-based HSA Commercial Real Estate, until its purchase for $15.9 million by an affiliate of CA Ventures, according to state records.

Current tenants of the building include the Orthopedic Institute of Wisconsin, Milwaukee Career College and Urban Beets Cafe & Juicery. Previous tenants have included Liberty Mutual Insurance. 

Address: 3077 N. Mayfair Road, Wauwatosa 

Buyer: CAHST Wauwatosa LLC

Seller: ICA Mayfair Venture LLC

Price: $15.9 million

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