Yerke puts Park Ridge Centre up for sale

Entrepreneur Norm Yerke has put the 20,000-square-foot Park Ridge Centre office building in Pewaukee up for sale. The building is located on an 18.5-acre site at N21 W23350 Ridgeview Parkway in the Ridgeview Corporate Park.

The building is being marketed by Tom Shepherd and Lyle Landowski of Colliers International|Wisconsin.

It was constructed in 2001 in a Spanish hacienda style. The property has an assessed value of about $2.8 million.

The building is 100 percent occupied. Godfrey & Kahn occupies the entire 14,725-square-foot first floor. Yerke uses a 5,260-square-foot space on the second floor for his internet sales business.

The asking price for the building is $3.4 million.

Yerke is also selling a five-room “hunting cabin” on a 13-acre parcel of land north of the office building site, and a 3-acre parcel northeast of the office building property. the asking price for those two properties is $500,000.

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