Home Industries Real Estate Former Tailored Label Products building near Kohl’s HQ sold for $4.7 million

Former Tailored Label Products building near Kohl’s HQ sold for $4.7 million

By
Andrew Weiland
-
W165 N5731 Ridgewood Drive, Menomonee Falls. Image from LoopNet.

The former Tailored Label Products headquarters building in Menomonee Falls has been sold for $4.7 million to an affiliate of Elm Grove-based real estate company Luther Group, according to state records. The 62,020-square-foot industrial building, located at W165 N5731 Ridgewood Drive, was sold by Beloit-based Hendricks Commercial Properties, according to state records. It was built

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Andrew Weiland
Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years before being promoted to editor in 2015. An award-winning journalist, Weiland is a five-time winner in the Milwaukee Press Club Excellence in Journalism Awards contest and a three-time winner in the Alliance of Area Business Publishers (AABP) Awards contest. He is also a regular guest on WISN-TV Channel 12's 4 p.m. newscast to discuss the week's most significant business news stories.
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The former Tailored Label Products headquarters building in Menomonee Falls has been sold for $4.7 million to an affiliate of Elm Grove-based real estate company Luther Group, according to state records. The 62,020-square-foot industrial building, located at W165 N5731 Ridgewood Drive, was sold by Beloit-based Hendricks Commercial Properties, according to state records. It was built in 1996, according to a property listing from Cushman & Wakefield | Boerke. The building is located on a five-acre site just east of the Kohl's corporate headquarters. The property has an assessed value of about $4.4 million, according to county records. Tailored Label Products moved out of the building last year to a new, 82,000-square-foot facility at N72 W12565 Good Hope Road, Menomonee Falls.

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