Institutional Buyer Acquires Retail Center in Wisconsin
1 report, 1 independent
Updated Mon 00:00
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What happened
Hanley Investment Group arranged the sale of Cornerstone Shopping Center, a 13,308-square-foot retail center located in Glendale, Wisconsin. The buyer was SW Neighborhood Centers IV, an affiliate of a commercial real estate firm based in Alabama. The sale closed in 45 days to an all-cash institutional buyer.
From wisbusiness.com
Why it matters
The transaction reflects strong investor demand for high-quality retail properties within the Milwaukee metro area. The sale was driven by the center's corporate tenancy, replaceable rents, and premier location.
From wisbusiness.com
Who's involved
- AlabamaThe buyer is affiliated with a commercial real estate firm based in this state.