Real estate deal of the week

Roadster LLC, which is owned by Chris Coakley, owner of Milwaukee-based C. Coakley Relocation Systems, recently purchased a 584,810-square-foot industrial building on a 23-acre property at 200-06 2nd St., Kewaskum, from Regal Ware Inc., for $3 million. David Buckley, a broker for Colliers Barry, and Kevin Barry, a senior vice president for Colliers Barry, brokered the deal. The property had to be resurveyed for a lot split from Regal Ware’s corporate headquarters at 1675 Reigle Drive. Regal Ware is leasing about 112,000 square feet, or about 20 percent, of the building. Coakley will lease out the rest of the building to other tenants and might use some of the building for storage