Real estate spotlight: Out-of-state investors continue to line up for Wisconsin commercial real estate

Constructed in 2019 by Briohn Building Corp., this 155,000-square-foot building in Pewaukee is just one of dozens of industrial buildings in Wisconsin that has sold to out-of-state investors in recent years. The building, currently home to Paul Davis Restoration and Surfacide, sold for $20.8 million in April to a California investor.
Constructed in 2019 by Briohn Building Corp., this 155,000-square-foot building in Pewaukee is just one of dozens of industrial buildings in Wisconsin that has sold to out-of-state investors in recent years. The building, currently home to Paul Davis Restoration and Surfacide, sold for $20.8 million in April to a California investor.
To say that commercial real estate in Wisconsin has become increasingly attractive to out-of-state investors would be a bit of an understatement.  Big city – and big money – investors from New York, California, Florida,…

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Cara covers commercial and residential real estate. She has an extensive background in local government reporting and hopes to use her experience writing about both urban and rural redevelopment to better inform readers. Cara lives in Waukesha with her husband, a teenager, a toddler, a dog named Neutron, a bird named Potter, and a lizard named Peyoye. She loves music, food, and comedy, but not necessarily in that order.

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