Home Industries Real Estate Target building at Bayshore sold for $12.3 million

Target building at Bayshore sold for $12.3 million

By
Andrew Weiland
-
The Target store at Bayshore. Photo credit: Target

Dallas-based Cypress Equities, the owner of the Bayshore town center in Glendale, has sold the Target store there to an affiliate of Las Vegas-based Valtus Capital Group for $12.3 million, according to state records. The transaction was a deed satisfaction of a land contract, according to state record. The Target store at Bayshore occupies a

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Andrew Weiland
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, a member of the Muskego Athletic Association board of directors and commissioner of the MAA's high school rec baseball league.
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Dallas-based Cypress Equities, the owner of the Bayshore town center in Glendale, has sold the Target store there to an affiliate of Las Vegas-based Valtus Capital Group for $12.3 million, according to state records. The transaction was a deed satisfaction of a land contract, according to state record. The Target store at Bayshore occupies a 128,000-square-foot building at 5701 N. Lydell Ave. The store opened in 2021. The building was previously occupied by a Boston Store, until the retailer's parent company, The Bon-Ton Stores Inc., went out of business in 2018 and all of the Boston Store locations were closed and liquidated. Valtus Capital Group is a privately-held investment bank and registered broker-dealer that provides independent advisory and execution capabilities for mergers and acquisitions, financial restructuring, and capital raises.

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