A Miami Beach, Florida-based real estate investment firm purchased a Walmart anchored shopping center in New Berlin for $4.6 million, according to state records.
The 8.8 acre property at 15333 W. National Ave., was sold to LNR Property LLC from an affiliate of Bentonville, Arkansas-based Walmart.
The property is located along West National Avenue and South Moorland Road, next to the Moorland Square Shopping Center, which is anchored by a Pick ‘n Save.
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It is assessed by Waukesha County for $5.5 million.
