Wauwatosa-based Wangard Partners Inc. has sold the Sherwin Williams paint store building in the Freshwater Plaza mixed-use district in Milwaukee's Walker's Point neighborhood. State records show Freshwater Plaza Corp., an affiliate of Wangard, sold the retail building at 1212 S. First St. for $2.41 million. The buyer is a Houston, Texas-based investors group named US-Stable-P1 1212 South 1ST Street Milwaukee LLC. The 3,500-square-foot Sherwin Williams store opened in 2018 on an outlot of the development. Freshwater Plaza also includes a 46,280-square foot Cermak Fresh Market grocery store, a future Summit Credit Union branch and a four-story building containing first-floor retail and 76 apartments. The development lies on the site of a former industrial foundry, northeast of South First Street and East Greenfield Avenue. It is in a growing area of Walker's Point, just west of the UW-Milwaukee School of Freshwater Sciences and the future headquarters campus of Komatsu Mining Corp. Representatives of Wangard did not immediately respond to a request for comment on the deal. The buyer could not be reached. Read the latest issue of STUFF, a BizTimes Media publication highlighting Wisconsin careers in manufacturing, construction and the trades. Click here to learn more about STUFF.
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