Log In
Subscribe
My BizTimes
Log In
Subscribe
Hospitality & Tourism

Sonesta Hotel in Wauwatosa sold for well below its assessed value

Hunter Turpin
By Hunter Turpin
Image from Google Maps

The Sonesta Milwaukee West Wauwatosa hotel has been sold for $5 million, according to state records. That’s well below the property’s assessed value of $18.8 million, according to Milwaukee County records. The hotel, located at 10499 Innovation Drive, was sold to a Wauwatosa-based entity called Hotel Investment Group LLC, which is affiliated with Himanshu Parikh.

Already a subscriber? Log in

To continue reading this article ...

Subscribe to BizTimes today and get immediate access to our Insider-only content and much more.

Learn More and Subscribe Now
  • Critical Milwaukee and Southeastern Wisconsin business news and analysis updated daily.
  • 16 issues per year delivered in print or digitally
  • Unlimited access to all insider only content on our website, on any device.
  • Free email alerts.
  • Extra bonus issues (STUFF and Giving Guide)
  • Discounted in-person event registration

Click here to purchase a sharable paywall bypass link for this subscriber-only article.

Sign up for the BizTimes email newsletter

Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin

What's New

BizPeople

Submit a BizPeople

Share new hires, promotions and employee accolades with the region's business leaders.

Learn More

Sponsored Content

Up-to-the-minute business news, thoughtful analysis and valuable strategic insights for Milwaukee and Southeastern Wisconsin business leaders.

Copyright © 2025 BizTimes - Milwaukee Business News. All Rights Reserved.

Holiday flash sale!

Limited time offer. New subscribers only.

Subscribe to BizTimes Milwaukee and save 40%

Holiday flash sale! Subscribe to BizTimes and save 40%!

Limited time offer. New subscribers only.