Real estate deal of the week

Milwaukee investors purchased Sheboygan strip mall

Milwaukee investors purchase Sheboygan strip mall
Shevegas LLC, a group of Milwaukee area investors, recently purchased the 55,000-square-foot South Town Shopping Center at 3321 S. Business Dr., Sheboygan, from HP Properties for $3.85 million. Gordon Steimle and Roger Duchow of Ogden & Company Inc. represented HP Properties in brokering the deal. The strip mall is 96 percent occupied and its tenants include Deals & Steals Furniture, Goodwill, Play It Again Sports, Pay Day Loan and The Barbershop. South Business Drive is one of Sheboygan’s main commercial corridors.

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