Innovation Drive office building sold for nearly $5.7 million

Purchased by affiliate of Luther Group

10001 Innovation Dr.
10001 Innovation Dr.

Last updated on October 8th, 2019 at 11:39 am

A 56,000-square-foot office building, located at 10001 Innovation Drive in the Milwaukee County Research Park in Wauwatosa, has been sold for $5.65 million, according to state records.

The two-story office building was constructed in 2001 and has an assessed value of about $6.5 million, according to county records. Its tenants include CoreLogic Insurance Solutions and CrossCountry Mortgage LLC.

The building was sold by James Development Corp., an affiliate of New Berlin-based James Luterbach Construction Co. It was purchased by and affiliate of Elm Grove-based Luther Group.

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Andrew Weiland
Andrew Weiland 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, Weiland is a lifelong resident of the state. He lives in Muskego with his wife, Seng, and son, Zachary. He is an avid sports fan and enjoys coaching his son’s youth baseball and basketball teams.