Home Industries Real Estate Three Leaf buys Federal Tool & Engineering building in West Bend

Three Leaf buys Federal Tool & Engineering building in West Bend

By
Andrew Weiland
-
Federal Tool & Engineering headquarters building in West Bend. Image from Google.

Milwaukee-based real estate development firm Three Leaf Partners has acquired an industrial building in West Bend occupied by Federal Tool & Engineering. The 55,000-square-foot building is located at 2150 Stonebridge Road in West Bend. According to state records, it was sold for $3.75 million to an affiliate of Three Leaf by an affiliate of Milwaukee-based private

Already a subscriber? Log in

To continue reading this article ...

Become a BizTimes Insider today and get immediate access to our subscriber-only content and much more.

Learn More and Become an Insider
  • 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 Insider-only article.

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 and is a member of the Muskego Athletic Association board of directors.
Linkedin Mail Twitter

RELATED ARTICLES

Copyright ©2024 BizTimes Media, LLC. All Rights Reserved.
Milwaukee-based real estate development firm Three Leaf Partners has acquired an industrial building in West Bend occupied by Federal Tool & Engineering. The 55,000-square-foot building is located at 2150 Stonebridge Road in West Bend. According to state records, it was sold for $3.75 million to an affiliate of Three Leaf by an affiliate of Milwaukee-based private equity firm Generation Growth Capital, Inc., which owns Federal Tool & Engineering. The real estate transaction is a sale-leaseback deal under which Federal Tool & Engineering will continue to occupy the building as a tenant, said Derek Taylor, chief operating officer of Three Leaf Partners. Three Leaf Partners, known primarily for multi-family residential developments, plans to acquire several industrial buildings as investment properties, Taylor said. The Federal Tool & Engineering building is the first industrial building acquired by the firm, with more to come, he said.

DON'T MISS OUT...BIZEXPO IS WEDNESDAY - REGISTER TODAY!

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.
Exit mobile version