Park Place office building acquired by New York investment firm

Sold for well under assessed value of $11.24 million

One Park Plaza. Courtesy: Loopnet
One Park Plaza. Courtesy: Loopnet

Last updated on April 29th, 2020 at 03:22 pmThe One Park Plaza office building on Milwaukee’s far northwest side has been sold for $5.75 million to a New York investment firm that says it specializes in acquiring and repositioning so-called undervalued properties. According to state records, the building at 11200-11270 W. Park Place was sold

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Alex Zank, former BizTimes Milwaukee reporter.

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