Real estate deal of the week

Eagle Prairie Inc. recently purchased the 11,821-square-foot, 85-year-old Warrior Building at 2017-23 W. Wisconsin Ave., Milwaukee, for $540,000 from Maryland Court Apartments LLC. The building has an assessed value of $545,000, according to city records. The building, located near the Marquette University campus, was originally used as a residence. It was converted to office space in the 1940s and was renovated in 2006 as classroom space for a charter school. The building houses Assata, an MPS alternative high school. In brokering the deal Mike Seramur, John Mazza and Sue Sardina of Ogden & Company represented Maryland Court Apartments and Dwight Kellogg of Ogden & Company represented Eagle Prairie. "I believe the school will continue to operate there," said Gordon Steimle, vice president of the commercial brokerage division for Ogden & Co. "I think (Eagle Prairie) just see it as a longer term investment. The area is improving and they see the potential of that area and that building improving over time."