Home Industries Real Estate Wauwatosa medical office building sold for $15.9 million

Wauwatosa medical office building sold for $15.9 million

By
Andrew Weiland
-
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A three-story medical office building located at the southwest corner of Burleigh Street and Highway 100 in Wauwatosa has been sold for $15.9 million, according to state records. An affiliate of Chicago-based CA Ventures purchased the building from Chicago-based ICA Mayfair Venture LLC, according to state records. Prior to the sale Chicago-based HSA Commercial Real

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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 and is a member of the Muskego Athletic Association board of directors.
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A three-story medical office building located at the southwest corner of Burleigh Street and Highway 100 in Wauwatosa has been sold for $15.9 million, according to state records. An affiliate of Chicago-based CA Ventures purchased the building from Chicago-based ICA Mayfair Venture LLC, according to state records. Prior to the sale Chicago-based HSA Commercial Real Estate handled leasing services for the building, which was owned by Innovative Capital Advisors, according to a marketing brochure for the property. Located at 3077 N. Mayfair Road and known as the Mayfair Health Professional Building, the 51,615-square-foot building was built in 1984, according to a LoopNet listing. The anchor tenant for the building is the Orthopedic Institute of Wisconsin. Other tenants include: Athletico, MDI Imaging and Urban Beets Café & Juicery. The property has an assessed value of about $5 million, according to Milwaukee County records.

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