Home Industries Real Estate Featured Deal: Milwaukee Tool warehouse in Menomonee Falls

Featured Deal: Milwaukee Tool warehouse in Menomonee Falls

By
Alex Zank
-
Milwaukee Tool warehouse on Shawn Circle in Menomonee Falls.
Milwaukee Tool warehouse on Shawn Circle in Menomonee Falls.

A 388,800-square-foot warehouse leased to Brookfield-based Milwaukee Tool, located on Shawn Circle in Menomonee Falls, was sold for $48.25 million last month. The seller was an affiliate of Chicago-based First Industrial Realty Trust, and the buyer was an affiliate of New York-based Apollo Global Management Inc. Brokers with Colliers | Wisconsin and Colliers’ Chicago office

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.

RELATED ARTICLES

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

A 388,800-square-foot warehouse leased to Brookfield-based Milwaukee Tool, located on Shawn Circle in Menomonee Falls, was sold for $48.25 million last month.

The seller was an affiliate of Chicago-based First Industrial Realty Trust, and the buyer was an affiliate of New York-based Apollo Global Management Inc. Brokers with Colliers | Wisconsin and Colliers’ Chicago office represented the seller in the deal.

Milwaukee Tool began leasing the building earlier in the year after Sussex-based Quad/Graphics Inc. moved out.

Tom Shepherd with Colliers | Wisconsin said the sale represented the largest single-asset industrial sale for the year in terms of dollar value.

“The transaction sourced fresh capital to the Milwaukee market from a globally prominent East Coast group, who is a new entrant,” he said.

Address: N58 W15350 Shawn Circle Buyer: NNN Opp IV Owner I LLC Seller: FR Menomonee Falls LLC Price: $48.25 million

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