52 Acres Sold in Franklin

Kevin Barry and David Buckley broker land sale

 

 

Jim Barry Named Commercial Real Estate Leader

The BizTimes recognizes Jim Barry

 

Notable Leaders in Commercial Real Estate

Jim Barry, president and CEO of the Barry Company, has been recognized as a Notable Leader in Commercial Real Estate by the BizTimes for his 30 years in the industry.

Historic Water Street Listing

The Barry Company lists 1241 N. Water St.

 

Last original Water Street business to sell

A. Werner Silversmiths, the last remaining original business owner on Water Street has enlisted the Barry Company’s services in selling its building at 1241 N. Water St. in Milwaukee. Nick Zurich of the Barry Company will represent A. Werner. The listing features 3,520 sq. ft. of retail space and a parking lot with four spaces. The asking price is $990,000.

“Location is everything with this listing,” says Zurich. “It’s right in the middle of the entertainment district and a block away from the Fiserv Forum. Businesses on this block see a lot of activity.”

A. Werner has occupied Water Street since Austrian immigrant Adolf Werner founded the company back in 1888. His son, Leo started running the business in 1940 until his death in 1954. Douglas Wied, Leo’s apprentice, took over after Leo’s death and later passed the business to his sons. Throughout the years, A. Werner has worked on countless family heirlooms as they were passed down from generation to generation. Jewelers and department stores that used to occupy the 3rd Ward area were another steady stream of revenue. “Milwaukee has changed a lot,” comments Mike Wied, current silversmith and co-owner with his brother, Dennis. “This area used to be nothing but highway overpass. We just stayed here and watched Water Street grow around us.” Mike is looking forward to retiring and moving up north. “The market has been steadily slowing down he says, “It takes a long time to train someone to take over a practice like silver work, so we decided it was time to sell.”

1241 N. Water St.

Quarterly Report October 2021

Quarterly Report October 2021

 

History Made

This quarter, we are continuing to see historic demand and growth in the commercial real estate market. History in the making has been a theme consistent throughout more than just the market this past quarter. We watched from a block away as the Milwaukee Bucks took home the championship trophy for the first time in almost 50 years, and the victory parade passed right by our office before making its way back to the Fiserv Forum.

A little over a month later, the Barry Company achieved our own historical accolades at the annual awards dinner hosted by the Milwaukee County Historical Society. We received a plaque and were formally recognized for our 100th year in business. Neither the Barry Company nor the city of Milwaukee would be the same without each other’s contributions over the years and receiving this recognition at an event to raise money and further preserve Milwaukee’s history was a fitting culmination.

In addition to our recognition, one of our listings of three buildings received certification as official Milwaukee landmarks. The property consists of the Lion, Hawley and Bloodgood historic homes that have been connected and are now available for lease as office space. This well-deserved designation cements the houses as fundamental building blocks in the story of Milwaukee’s past.

As a family-owned company for three generations, the Barry Company understands that looking to momentous occasions in the past is crucial to building a profitable future. This quarter, we were fortunate to have taken part in several of those moments, both within our company and throughout the market, that we will look back on fondly for years to come.

James T. Barry III

James T. Barry III

President

The Barry Company Hires New Marketing Coordinator

The Barry Company Hires New Marketing Coordinator

The Barry Company recently hired a new Marketing Coordinator. Katie Robertson will graduate Marquette University in May with a degree in Public Relations. She started part-time earlier in April and will move to full-time after she graduates.

Before joining the Barry team, Katie worked in communications and marketing for Catholic Financial Life, Marquette Campus Ministry, and Discovery World.

We are excited to welcome Katie to the company.

To Conact Katie:

Phone: (414) 271-1870

Email: katie@barrycre.com

 

The Barry Company Celebrates its 100th Anniversary

The Barry Company Celebrates its 100th Anniversary

The Barry Company, a commercial real estate services firm headquartered in Milwaukee is celebrating its 100th anniversary. Founded in 1921 by James T. Barry, Sr., the Barry Company has been included in many of Wisconsin’s largest and most consequential real estate transactions, including the development of the New Berlin Industrial Park, the Bishop’s Woods Office Park, the Germantown Business Park and many other business parks throughout Wisconsin. The Barry Company worked on the land assemblage for the US Bank building, the massive Amazon distribution center in Kenosha and the new site for the Milwaukee Public Museum. The firm has been a leader in the structuring of sale/leasebacks for corporations such as Harley-Davidson, Thompson Realtors, Haken, Inc and Bentley Worldwide Packaging. The Barry Company’s specialty has always been the structuring of large industrial, office and land transactions.

The Barry Company has consistently been awarded the Commercial Association of Realtors of Wisconsin “Deal of the Year Award in all categories, having won most recently in 2020 for the structuring of an office lease and sale transaction for the Bradley Foundation. Over the years, the company has received scores of other awards for its transactional acumen and creativity.

Throughout its history, the Barry Company has made a very strong commitment to the Milwaukee community. James T. Barry, Jr., who died in 2019, served as President of the Milwaukee Board of Realtors and on the boards of many organizations, including the Metropolitan Milwaukee Association of Commerce. James T. Barry III, who currently serves as President of the Barry Company, is a past chairman of the Commercial Association of Realtors of Wisconsin, the Rotary Club of Milwaukee, the Wisconsin Policy Forum, the Milwaukee Chapter of the American Red Cross, and other organizations. Mr. Barry currently serves on the boards of the Lynde & Harry Bradley Foundation the Boys & Girls Clubs of Greater Milwaukee, the UWM Foundation and other civic organizations.

“We are proud that the Barry Company has been such an integral part of Milwaukee’s business and civic community for over a century,” said James T. Barry, III. “We believe this is a testament to our strong commitment to our clients as well as our reputation for creativity and hard work. We very much look forward to the next century.

For more information, read a fantastic article published by the Milwaukee Journal Sentinel.

Nick Zurich Selected For CARW 2021 NextGen Class

Nick Zurich Selected For CARW 2021 NextGen Class

The Commercial Association of REALTORS® Wisconsin (CARW), announced today, Jan. 6, 2021, the organization’s 2021 NextGen class. Among the class of 23 includes the Barry Company’s Nick Zurich. The program includes 10 months of programming and networking opportunities to introduce and solidify relationships with some of Wisconsin’s most active, established real estate professionals.  Sessions include small group networking and information sharing, virtually and in-person as possible. Over 65 participants have graduated from the program since its inception in 2017. More information about the NextGen may be found HERE.

The Barry Company Wins Deal of the Year Awards

The Barry Company Wins Deal of the Year Awards

The Barry Company, a leading southeast Wisconsin commercial real estate company headquartered in downtown Milwaukee won the “Office Deal of the Year” award and was a finalist for the “Retail Deal of the Year” award, which were presented at the 2020 Commercial Association of Realtors of Wisconsin (CARW) Deal of the Year Awards and Annual Meeting October 22 on a virtual meeting. The event honored 2020’s most notable professionals and transactions in Southeast Wisconsin commercial real estate.

David L. Barry, CCIM, SIOR and Jim Barry III, CCIM won the Office Deal of the Year award for their role in the tenant representation of the Bradley Foundation, as well as the sale of the historic Lion House, a three-building complex located at 1241-1249 N Franklin Place on Milwaukee’s East Side. The Bradley Foundation considered many options for its relocation, but settled on the new 1400 N. Water St. building, which was just being completed by the Hammes Company. Represented by The Barry Company, the Foundation negotiated a long-term lease for the entire third floor of the 1400 N. Water St. building. The Foundation was the first third-party tenant to sign a lease in the building and helped the building kick off a successful leasing program.

Within a few weeks of being on the market and with much interest from buyers, the historic Lion House buildings were placed under contract to a private owner/developer who wanted to preserve and enhance the historic character of the building, relocate offices there and develop additional office space for lease. After completing architectural plans and other due diligence, the sale transaction closed. The Barry Company is currently marketing the Lion House properties for lease.
David Barry, CCIM, SIOR, and Kurt Van Dyke, CCIM, SIOR were a finalist for the Retail Deal of the Year award for selling the 65,000 sq. ft. former Pick N Save in Oconomowoc, Wis. to St. Vincent DePaul of Waukesha County. The site was developed into a thrift store.

Since the inception of the Deal of the Year award by CARW, The Barry Company has won 19 times, and has been honored as a runner-up or finalist on multiple occasions.

James T. Barry III Featured in Heartland Real Estate Business Article

James T. Barry III Featured in Heartland Real Estate Business Article

James T. Barry III, president of The Barry Company, was recently featured in a Heartland Real Estate Bussiness article. This article highlights the Milwaukee commercial real estate market, specifically, industrial. James further discusses his belief on how the market looks for the next year by using some comparisons of the previous year as well as the first quarter of 2020.

To read this article and learn more about the industrial market in Milwaukee, use the link below to open the PDF.

Heartland Real Estate Business May 2020

Harken, one of the world’s largest manufactures of marine hardware and accessories, sold and leased back its 170,000 SF property in Metro Milwaukee for $15 million to a private investor.  

Rust-Oleum

Rust-Oleum leases Pleasant Prairie, Wis. industrial space

The Barry Company brokers transaction

Rust-Oleum has entered into a long-term lease with Jelly Belly Candy Company for 102,000 square feet of industrial space at 10100 Jelly Belly Lane, Pleasant Prairie, Wis.  The company will use the space for warehouse and distribution purposes.  Kevin Barry, CCIM and David Buckley brokered the transaction.

Jelly Belly Candy Company will continue to occupy the remaining 132,000 square feet in the building.

 

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 J. Buckley
dbuckley@barrycre.com
414-272-6730

Kevin C. Barry, CCIM
kbarry@barrycre.com
414-272-6728