Home Industries Real Estate Milwaukee-based private equity real estate firm buys Mukwonago industrial building for $16.1...

Milwaukee-based private equity real estate firm buys Mukwonago industrial building for $16.1 million

By
Andrew Weiland
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Milwaukee-based LCM Funds Real Estate LLC, a private equity real estate company, has purchased an industrial building in Mukwonago occupied by GS Global Resources for $16.1 million, according to state records. The building is located at 912-926 Perkins Drive. Earlier this year, GS Global Resources completed an 80,000-square-foot expansion to increase the size of the

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Andrew Weiland
Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years before being promoted to editor in 2015. An award-winning journalist, Weiland is a five-time winner in the Milwaukee Press Club Excellence in Journalism Awards contest and a five-time winner in the Alliance of Area Business Publishers (AABP) Awards contest. BizTimes Milwaukee has won 45 AABP awards for design and journalism during his time as editor. He is also a regular guest on WISN-TV Channel 12's 4 p.m. newscast to discuss the week's most significant business news stories.
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Milwaukee-based LCM Funds Real Estate LLC, a private equity real estate company, has purchased an industrial building in Mukwonago occupied by GS Global Resources for $16.1 million, according to state records. The building is located at 912-926 Perkins Drive. Earlier this year, GS Global Resources completed an 80,000-square-foot expansion to increase the size of the facility to 195,000 square feet. In 2016 GS Global Resources, which makes products for electro-hydraulic system integration, moved its headquarters from a 61,000-square-foot facility in New Berlin to a production facility at 926 Perkins Drive, which it already had established operations. At the time the company acquired another facility next door with plans to connect the two facilities. An affiliate of GS Global Resources sold the 912-926 Perkins Drive facility to LCM Funds. Representatives for the two companies could not immediately be reached for comment.

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