Wauwatosa-based Wangard Partners recently sold the Pick ‘n Save grocery store in the Uptown Brass Center in Kenosha to a Michigan-based firm for $9.25 million, according to state records.
The 56,622-square-foot grocery store is located on a 6-acre site at 1901 63rd St. in Kenosha. It was purchased by Norton Shores, Mich.-based CCG Properties-AD LLC.
The Uptown Brass Center is a 10.3-acre mixed-use redevelopment of a former brownfield site once occupied by American Brassworks Company. Wangard acquired the site several years ago from a previous developer that had partially completed the redevelopment project.
In addition to the Pick ‘n Save store, the Uptown Brass Center has a TCF Bank on an outlot, a mixed-use building with 26 apartments and 12,800 square feet of retail space, a vacant 1.2-acre site, and a 1.4-acre site with the foundation of an uncompleted building.
Each piece of the site is for sale, but Wangard will remain the management firm for the property, said Mark Lake, director of retail development for Wangard.
“We are in the process of selling off the parts of it, but we will still be managing the property for the forseeable future,” he said.
The firm is in talks with a potential buyer for the TCF Bank building, Lake said.
