Home Industries Real Estate New Berlin industrial building sold for $15 million

New Berlin industrial building sold for $15 million

By
Hunter Turpin
-
Image from LoopNet

A multi-tenant industrial building in New Berlin has been sold for $15.3 million. The 171,500-square-foot building at 16595 W. Stratton Drive was sold to a New Berlin-based entity called Five Leaf LLC. That entity lists its address as 16595 W. Stratton Drive, according to state records. Its registered agent is Milwaukee-based law firm Godfrey &

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Hunter Turpin
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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A multi-tenant industrial building in New Berlin has been sold for $15.3 million. The 171,500-square-foot building at 16595 W. Stratton Drive was sold to a New Berlin-based entity called Five Leaf LLC. That entity lists its address as 16595 W. Stratton Drive, according to state records. Its registered agent is Milwaukee-based law firm Godfrey & Kahn. The 12-acre property was sold by San Francisco-based James Campbell Company LLC. Companies including Christopher Morgan Fulfillment Services, Artistic Concrete Coatings Wisconsin and Fortress Nutrition currently list the building as one of their locations. The property has a 2023 assessed value of $9.4 million, according to Waukesha County records.

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