Last updated on May 15th, 2019 at 04:55 pm
The former owner of the shuttered Park East Hotel near downtown Milwaukee has purchased nearly 70 acres of land in Caledonia and a shopping center on West Brown Deer Road in Milwaukee.
Slinger Cheese LLC, which is registered to Ajit Walia of Brookfield, purchased 67 acres of farmland at Highway K, just east of I-94 from Denise Ustymowicz, of Racine, for $1.5 million, according to state records.
Slinger Cheese LLC also purchased Northwest Fashion Square at 8603-8665 W. Brown Deer Road near Northridge Mall from Raleigh, North Carolina-based NW Fashion, LLC for $1.6 million, according to state records.
The 122,843-square-foot property is located on 12.8 acres, according to the city’s website. State records show Walia purchased a 9-acre property.
Walia could not immediately be reached for comment.
In September, Walia closed the Park East Hotel and sold it for $9 million to a real estate investment group that includes Mike Klein, of Klein Development, and Derek Schneider, of Millennial Partners, who are planning to convert it into 96 luxury apartments.