Scott Yauck sells Mequon strip mall

Madison firm purchased the property for double its assessed value

Milwaukee valve nibco

Last updated on May 15th, 2019 at 04:58 pm

Milwaukee developer Scott Yauck sold a strip mall in Mequon to a Madison-based real estate investment firm for $4.3 million, according state records.

Yauck, president and CEO of Cobalt Partners, LLC, sold the 2.2 acre property at 11301-11309 N. Port Washington Road to Avante Properties.

Tenants at the strip mall include Starbucks Coffee, Coldwell Banker and Mattress Frim. The property is assessed by Ozaukee County for $2.2 million.

Yauck is currently developing 84South, a $115 million 40-acre, mixed-use development in Greenfield and White Stone Station, a 70-acre mixed-use development south of I-41 in Menomonee Falls.

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