Home Industries Real Estate Florida-based REIT buys Jilly’s Car Wash properties for $19 million

Florida-based REIT buys Jilly’s Car Wash properties for $19 million

Jilly's Car Wash in Pewaukee
Jilly's Car Wash in Pewaukee

Orlando-based real estate investment trust National Retail Properties Inc. has purchased the Jilly’s Car Wash properties for $19 million, according to state property transfer records. Jilly’s has car wash centers in four locations in the Milwaukee area. Here are the locations and the sales price for each: 1293 Capitol Drive, Pewaukee, $4.5 million 14100 W.

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Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years. A University of Wisconsin-Madison graduate, he is a lifelong resident of the state. He lives in Muskego with his wife, Seng, their son, Zach, and their dog, Hokey. He is an avid sports fan and is a member of the Muskego Athletic Association board of directors.
Orlando-based real estate investment trust National Retail Properties Inc. has purchased the Jilly's Car Wash properties for $19 million, according to state property transfer records. Jilly's has car wash centers in four locations in the Milwaukee area. Here are the locations and the sales price for each: The properties were sold by affiliates of Birmingham, Michigan-based TRP Capital Partners, a transportation-focused private equity investment fund.

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