Waukesha industrial property sold in investment transaction
The Barry Company brokers transaction
Grace Elizabeth LLC has sold its property located at 404 Pilot Court, Waukesha, Wis. to Pilot Court Industrial Property Group LLC, a private real estate investment group.
The tenant at the property, W.M. Sprinkman Corp, is a division of Krones AG and specializes in manufacturing food and beverage processing equipment. Krones also has a large facility in Franklin, Wis. Grace Elizabeth LLC purchased the 54,417 square foot Waukesha facility in 2016. W.M. Sprinkman Corp has a long-term lease at the property.
David Barry of The Barry Company brokered the transaction.
About The Barry Company
The Barry Company, a 98-year-old independently owned and operated commercial real estate company provides award-winning services throughout southeast Wisconsin and beyond. The Barry Company has won a total of 20 awards from the Commercial Association of Realtors-Wisconsin, including two Realtor® of the Year awards. The company has also received multiple Best Deal/Lease of the Year awards from The Business Journal and has been awarded the Broker of the Year honor by Riverworks Development Corporation.
For more information, contact:
David L. Barry, CCIM, SIOR