Grand Rapids, Mich.-based Meijer Inc. recently paid $5.77 million to acquire three properties in Wauwatosa, as it assembles the site for the 157,000-square-foot store that it plans to build there, according to state records. The deals were recorded last week.
The three properties are all located south of West Burleigh Street, between Mayfair Road and U.S. Highway 45, and have a combined 14.6 acres and 200,614 square feet of industrial space, according to Wauwatosa city records.
Meijer purchased an 8.8-acre property with a 124,258-square-foot industrial building at 11123 W. Burleigh St. from Burleigh Limited Partnership for $2.77 million, a 2.3-acre property with a 37,440-square-foot industrial building at 3000 N. 112th St. from Fred Elliott & Company LLC for $1.7 million, and a 3.5-acre property with a 38,916-square-foot industrial building at 2960 N. 112th St. from Brodd Property Management LLP for $1.3 million.
Jim Babiasz and Patrick Dedering of The Boerke Company Inc. brokered the sale of the 3000 N. 112th St. property for Fred Elliot & Company.
The buildings will be demolished to make way for the Meijer store.
Meijer stores include grocery and general merchandise departments. The Wauwatosa store is just one of several that Meijer plans to building in the region as it enters the southeastern Wisconsin market. Meijer also plans to build stores in Oak Creek, Sussex, Grafton and Kenosha.