Property leases

Property leases
Apex Commercial
10,168 square feet of office space at 150 N. Sunnyslope Rd., Brookfield, to Nelson Occoneel & Kramer;
3,590 square feet of office space at 2401 N. Mayfair Rd., Wauwatosa, to Wiernick, Martin & Neumaier;
1,500 square feet of office space at 2228 Miller Park Way, Milwaukee, to EMSL Analytical;
1,007 square feet of office space at 700 Pilgrim Parkway, Elm Grove, to Dr. Russell Brethauer
Polacheck
3,058 square feet of space at 111 E. Kilbourn Ave., Milwaukee, to Deutsche Investment Management, from Great Lakes REIT;
8,064 square feet of space at 10711 W. Oklahoma Ave., West Allis, to Priya Corp., from Auto Parts Distributors.
Property sales
James T. Barry Co.
A 357,000-square-foot industrial facility on 23 acres at 6600 W. Washington St. in West Allis has been sold to 6600 Washington LLC, a Chicago-based real estate investment group by Whitnall Summit. The sale is the largest industrial and the largest industrial/investment transaction completed in Wisconsin in 2003, according to James T. Barry III, president of the Barry Company/Colliers International. “This was an extraordinary transaction and provides good evidence that investors are showing confidence in Metropolitan Milwaukee’s industrial real estate market,” he said. The 6600 W. Washington property formerly housed the Wisconsin operation of Siemens Corp. and before that Allis-Chalmers. The Siemens facility was closed in May 1999. The building was purchased by Whitnall Summit in July 1999. The Barry Company procured eight tenants, bringing the building to almost 100% occupancy. The property was then packaged as an investment property and marketed to investors.
Boerke Co.
St. John’s Lutheran Church has purchased a 47,582-square-foot office property at 217 Freeman Dr., Port Washington, from Cook Composites & Polymers, for $1.2 million.
Cambridge Major Laboratories has purchased 4.249 acres of land in the Germantown Business Park from Skyline Development Corp. for $191,205.
Macrifin Real Estate Corp. has purchased the 12,095-square-foot Harter & Marshall Building at 9850 S. 54th St. from Harter & Marshall Properties for $795,000.
Carisch Brothers has purchased the Arby’s restaurant property on one acre of land at 3048 Douglas Ave., Racine, from Sweet Brothers for $200,000.
Dickman Co.
Multi-Fab Products has purchased the 28,050-square-foot industrial Maysteel Commerce Drive property at N90 W14507 Commerce Dr., Menomonee Falls, from ESG Properties, for $948,900, and a 13,750-square-foot industrial property at 3260 N. 126th St., Brookfield, from Andakat LLC.
NAI MLG Commercial
John and Claudia Deede have sold a 33,600-square-foot multi-tenant office/warehouse building on Whitnee Drive in Germantown. The property was sold to John Hennes Trucking Co. for $1.6 million. The building is partially occupied and John Hennes Trucking Co. plans to lease out one remaining unit, which has 800 square feet of office space and 7200 square feet of warehouse space.
Ogden & Co.
A 60,000-square-foot building at 4044 N. 31st St. in Milwaukee. The building was sold to an investors group, G&D Properties LLC for $320,000. Previously, the property was used as storage space, but future plans include leasing the building to various tenants.
Polacheck Co.
DDR Properties has purchased 1.07 acres of land from Gilberts Hardware at 17045 W. Capitol Dr., Brookfield.
Arkadly Tsirlin has purchased 0.32 acres of land from Hometown Inc. at 5200 W. Mill Rd., Milwaukee.
Stone Design, aka Cudahy Building Partnership, has purchased five acres of land at 2025 E. Birchwood Ave., Cudahy, from Anchor Bank.
Mexican Village Inc., has purchased three acres of land from Jopp, Michael & Streich, Scott, dba Mitts, at 7905 S. 27th St., Milwaukee.
May 2, 2003 Small Business Times, Milwaukee