Home Industries Real Estate Featured Deal: Midtown Center sells for $22.1 million

Featured Deal: Midtown Center sells for $22.1 million

By
Cara Spoto
-

Midtown Center on Milwaukee’s northwest side sold in May for $22.1 million. The former owner of the shopping center – an affiliate of New York-based DLC Management Corp. – sold the 26.2-acre property, which includes several retail buildings, to Atlanta-based Laureate Capital LLC, according to state records. The properties sold are located at 4100-4190 N.

Already a subscriber? Log in

To continue reading this article ...

Subscribe to BizTimes today and get immediate access to our Insider-only content and much more.

Learn More and Subscribe Now
  • Critical Milwaukee and Southeastern Wisconsin business news and analysis updated daily.
  • 16 issues per year delivered in print or digitally
  • Unlimited access to all insider only content on our website, on any device.
  • Free email alerts.
  • Extra bonus issues (STUFF and Giving Guide)
  • Discounted in-person event registration

Click here to purchase a sharable paywall bypass link for this subscriber-only article.

Cara Spoto
Cara Spoto, former BizTimes Milwaukee reporter.

RELATED ARTICLES

Copyright ©2025 BizTimes Media, LLC. All Rights Reserved.

Midtown Center on Milwaukee’s northwest side sold in May for $22.1 million.

The former owner of the shopping center – an affiliate of New York-based DLC Management Corp. – sold the 26.2-acre property, which includes several retail buildings, to Atlanta-based Laureate Capital LLC, according to state records.

The properties sold are located at 4100-4190 N. 56th St., 4101-4191 N. 56th St., 5704-5712 W. Capitol Drive, and 4076 N. 60th St., and have a combined assessed value of $22.8 million, according to county records.

Tenants include Pick ‘n Save, Planet Fitness, Foot Locker, GameStop, Subway, U.S. Cellular, Pizza Hut and Firestone.

The deal did not include the 15.2-acre former Walmart store site at 5825 W. Hope Ave., which closed in 2016. It sold last year to an Iowa-based self-storage company for $3.28 million.

Price: $22.1 million

Location: 4100-4190 N. 56th St., 4101-4191 N. 56th St., 5704-5712 W. Capitol Drive, 4076 N. 60th St., Milwaukee

Seller: DLC Management Corp. affiliate

Buyer:  Atlanta-based Laureate Capital LLC

Holiday flash sale!

Limited time offer. New subscribers only.

Subscribe to BizTimes Milwaukee and save 40%

Holiday flash sale! Subscribe to BizTimes and save 40%!

Limited time offer. New subscribers only.

Exit mobile version