Home Industries Starbucks building near Drexel Town Square sold for $2.3 million

Starbucks building near Drexel Town Square sold for $2.3 million

Bought by New Jersey investor

The 4,314-square-foot retail building at 600 W. Drexel Ave. in Oak Creek, occupied by a Starbucks café and ATI Physical Therapy, was sold recently for $2.3 million, according to state records.

The building, constructed in 2016 on a 0.8-acre site, is located just north of the Drexel Town Square development.

An affiliate of Elm Grove-based Luther Group sold the building to a New Jersey-based investor under the corporate name 600 West Drexel Ave LLC, whose agent is Sudhir Pakalapati.

Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years. A University of Wisconsin-Madison graduate, he is a lifelong resident of the state. He lives in Muskego with his wife, Seng, their son, Zach, and their dog, Hokey. He is an avid sports fan and is a member of the Muskego Athletic Association board of directors.
The 4,314-square-foot retail building at 600 W. Drexel Ave. in Oak Creek, occupied by a Starbucks café and ATI Physical Therapy, was sold recently for $2.3 million, according to state records. The building, constructed in 2016 on a 0.8-acre site, is located just north of the Drexel Town Square development. An affiliate of Elm Grove-based Luther Group sold the building to a New Jersey-based investor under the corporate name 600 West Drexel Ave LLC, whose agent is Sudhir Pakalapati.

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