Film school incubator

Featured Deal

Film school incubator

Address: 1037 W. McKinley Ave., Milwaukee

Buyer: CSA Partners LLC

Seller: Joshua Jeffers

Closing date: Early September

Sale Price: $3.2 million


Film school incubator

An investment firm co-founded by Milwaukee County Executive Chris Abele purchased the City Center buildings at The Brewery complex in downtown Milwaukee for $3.2 million with plans to create a film school business incubator in the space.

Abele and John Ridley, an Academy Award-winning filmmaker and Milwaukee native, have been working together on a project they hope will have a positive impact on the community they both love.

Both are on the board of Milwaukee Film Inc., which Abele founded.

“This project is neither the beginning nor the end of our shared commitment to the community,” Abele said. “We look forward to sharing more news in the coming months as the details of this project come together.”

The seller, Milwaukee developer Joshua Jeffers, president of J. Jeffers & Co. LLC, only owned the property for seven months. He bought the buildings for $2.6 million in February from Cardinal Stritch University and had initially planned to convert them into market rate apartments.

Sign up for BizTimes Daily Alerts

Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin

No posts to display