West Allis shopping center sold for $22.5 million

West Allis Center
Image from Google.

A West Allis shopping center, anchored by Pick ‘n Save and Kohl’s stores and located northwest of Highway 100 and West Cleveland Avenue, was sold recently for $22.5 million, according to state records.

An affiliate of Brentwood, Tennessee-based GBT Realty Corp. sold the property to an affiliate of Miami-based L2 Partners LLC.

The property has an assessed value of $14.2 million, according to West Allis records.

The state property sale record indicates it is a 18.8-acre site, while the city’s property information lists it as a 16.8-acre site.

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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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