Lake Geneva shopping center sold for $21.4 million

Geneva Square. Image from Google.
Geneva Square. Image from Google.

The 169,000-square-foot Geneva Square shopping center, located at Highway 12 and Highway 120 in Lake Geneva, was sold recently for $24.1 million, according to state records.

Geneva Square has numerous retail tenants and is anchored by a Piggly Wiggly grocery store.

The shopping center was sold by Oak Brook, Illinois-based Lake Geneva Investors LLC to an affiliate of Evanston, Illinois-based Schermerhorn & Co., according to state records.

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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.

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