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 before being promoted to editor in 2015. An award-winning journalist, Weiland is a five-time winner in the Milwaukee Press Club Excellence in Journalism Awards contest and a three-time winner in the Alliance of Area Business Publishers (AABP) Awards contest. He is also a regular guest on WISN-TV Channel 12's 4 p.m. newscast to discuss the week's most significant business news stories.
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.

BIZEXPO IS MAY 13 -  Early Registration Ends May 1

Stay up-to-date with our free email newsletter

Keep up with the issues, companies and people that matter most to business in the Milwaukee metro area.

By subscribing you agree to our privacy policy.

No, thank you.

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.

Exit mobile version