Home Industries Real Estate Mequon Town Center development sold for $18 million

Mequon Town Center development sold for $18 million

By
Hunter Turpin
-
Image from Mid-America Real Estate

Mequon-based real estate firm The Heimat Group purchased the Mequon Town Center for $18 million, according to state property records. The multi-building development, located at 5900 W. Mequon Road, includes residential units and retail space with tenants including Cafe Hollander and Colectivo Coffee. It was sold by a Plover, Wisconsin-based ownership group affiliated with Lokre

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Hunter Turpin
Hunter covers commercial and residential real estate for BizTimes. He previously wrote for the Waukesha Freeman and Milwaukee Journal Sentinel. A graduate of UW-Milwaukee, with a degree in journalism and urban studies, he was news editor of the UWM Post. He has received awards from the Milwaukee Press Club and Wisconsin Newspaper Association. Hunter likes cooking, gardening and 2000s girly pop.
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Mequon-based real estate firm The Heimat Group purchased the Mequon Town Center for $18 million, according to state property records. The multi-building development, located at 5900 W. Mequon Road, includes residential units and retail space with tenants including Cafe Hollander and Colectivo Coffee. It was sold by a Plover, Wisconsin-based ownership group affiliated with Lokre Cos., which purchased it in 2016. Completed in 2016, the project was developed by Milwaukee-based WiRED Properties. All of the development's 36,000 square feet of retail space is occupied, according to materials from commercial real estate firm Mid-America Real Estate. The Heimat Group is a boutique real estate and capital services firm that owns properties throughout the state, including many apartment complexes in Milwaukee. A representative from the company was not immediately available for comment.

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