Home Industries New Discount Ramps HQ sold for $14.1 million

New Discount Ramps HQ sold for $14.1 million

Project is nearly complete

Rendering of Discount Ramps building in Germantown. Image from CREXi.

The new corporate office and distribution facility in Germantown for Discount Ramps has been sold to a Boston-based real estate investment trust for $14.1 million, according to state records.

The 162,230-square-foot building, located on a 17.4-acre site at N102 W19400 Willow Creek Way in the Willow Creek Business Park, was sold by an affiliate of Milwaukee-based Weas Development to an affiliate of Boston-based STAG Industrial Inc.

Founders 3 principals Andy Hess and Bob Flood represented Weas Development on the transaction.

The building, developed by Weas, will replace the Discount Ramps headquarters in West Bend. Construction of the building is nearly complete and the company is partially moved in to the new building, a Discount Ramps sales representative said today.

 

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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 three-time winner in the Alliance of Area Business Publishers (AABP) Awards contest. 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.
[caption id="attachment_368145" align="alignright" width="300"] Rendering of Discount Ramps building in Germantown. Image from CREXi.[/caption] The new corporate office and distribution facility in Germantown for Discount Ramps has been sold to a Boston-based real estate investment trust for $14.1 million, according to state records. The 162,230-square-foot building, located on a 17.4-acre site at N102 W19400 Willow Creek Way in the Willow Creek Business Park, was sold by an affiliate of Milwaukee-based Weas Development to an affiliate of Boston-based STAG Industrial Inc. Founders 3 principals Andy Hess and Bob Flood represented Weas Development on the transaction. The building, developed by Weas, will replace the Discount Ramps headquarters in West Bend. Construction of the building is nearly complete and the company is partially moved in to the new building, a Discount Ramps sales representative said today.  

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