Capstone Business Center at Creekside Sold

Posted on May 25, 2022 in Insights
Capstone Business Center at Creekside Sold

Capstone Business Center at Creekside, developed in 2003, was sold after 19 years of ownership.  The building, 100% lease to two tenants, had recently been updated.  The property has performed well, and management recognized the market would look favorably on this asset.  The sale of the building for $12.73 million, brokered by CBRE Capital Markets with assistance from Cushman & Wakefield/ BOERKE, was to a private Califorian investment group.  The Milwaukee Business Journal’s Sean Ryan reported the sale in a May 31, 2022 article.