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
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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 Weiland
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.
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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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