Iconic Menomonee Valley Building Listed For Sale

MILWAUKEE, July 15, 2024 – The Barry Company, a Milwaukee-based commercial real estate brokerage firm, has listed for sale an iconic, approximately 16,500 square foot (first floor area as floors could be added), 40-foot-high clear span building located along the Menomonee River in the Menomonee Valley, with tremendous visibility from I-94. The property could potentially have up to three floors of space. The building has approximately 750 feet of frontage on the Menomonee River, which could be used for development of a riverwalk and related outdoor space. The property is in an Opportunity Zone and there may be potential for New Market Tax Credits and Historic Tax Credits among other incentives offed by the Menomonee Valley Partners.

The building’s architectural elements certainly have a rich history. Originally constructed in 1904, the Purifier House building is on the campus of the Milwaukee Gas Light Company’s former West Side Plant. This unique structure was the product of renowned architect Alexander Eschweiler, who designed it in the Richardsonian Romanesque style.

“This is one of the most unique and interesting buildings to come to the market in Milwaukee in recent years. It is full of creative potential,” said David Barry, CCIM, SIOR, who is marketing the property for The Barry Company. “It would be a tremendous venue for restaurant, entertainment, cultural, office, and, really, many other uses”.

Zimmerman Architectural Studios renovated a neighboring building for their corporate headquarters, paying homage to the campus’s roots and showcasing striking views of the original trusswork. Zimmerman’s CEO, Steve Raasch, notes that their beautiful office space contributes to the great work environment and culture of their award-winning design firm. “Our neighboring building has the same incredible potential,” he says.

For more information about this listing or to explore commercial real estate opportunities in southeast Wisconsin, please contact The Barry Company at 414-271-1870.

 

About The Barry Company

The Barry Company, an over 100-year-old independently owned and operated commercial real estate company provides award-winning services throughout southeast Wisconsin and beyond. The Barry Company has won over 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

Commercial Broker

 414-803-4988
 dbarry@barrycre.com

The Barry Company Facilitates Office Building Sale Along I-41 in Menomonee Falls

MILWAUKEE, July 9, 2024 – The Barry Company, a leading southeast Wisconsin commercial real estate company headquartered in downtown Milwaukee, is thrilled to announce the successful completion of a sale transaction for a property location in Menomonee Falls on Beacon Street. The transaction, involving a 9,200-square-foot office building, is one of the few office building sales in recent months above $100 per square foot in the area.

The Barry Company represented both the buyer and seller in this transaction. Commercial Broker, Nick Zurich, explains the highlights of the property’s features, “With great visibility and ample space, this entire property will benefit both the Buyer and Menomonee Falls for years to come.”

“We are very satisfied with the completion of this deal,” said Kyle Eckerman, Commercial Broker at The Barry Company, working with the buyer. “This deal is a prime example that despite current office market trends, there are always deals to be made with a niche owner-user, and this building was perfect for the buyer’s specific use.”

The property, complete with monument signage along the I-41 freeway in Menomonee Falls, was purchased by Illume Cosmetic Surgery & Spa, thus paving the way for their fourth location in the Milwaukee area.

For more information about this transaction or to explore commercial real estate opportunities in southeast Wisconsin and beyond, please contact The Barry Company at 414-271-1870.

 

About The Barry Company

The Barry Company, an over 100-year-old independently owned and operated commercial real estate company provides award-winning services throughout southeast Wisconsin and beyond. The Barry Company has won over 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:

Kyle Eckerman

Commercial Broker

 414-333-4444
 keckerman@barrycre.com
 

 

 

Nick Zurich

Commercial Broker

 262-765-0010
 nzurich@barrycre.com

Downtown Milwaukee Multifamily Building Sold

Milwaukee, May 9, 2024 – The Barry Company, a leading southeast Wisconsin commercial real estate company headquartered in downtown Milwaukee, announced today that Eastside Commons, LLC has sold its 13,736 square feet multifamily/commercial property located at 712 E. Knapp Street, Milwaukee, to Fountainhead Contractors, LLC.

Kyle Eckerman of the Barry Company represented the seller in this transaction. He highlighted how swift the transaction was due to the robust interest from multiple prospects. Eckerman stated, “It was a very desirable property for multiple reasons: primarily its lower east-side location and the building’s outstanding opportunity for apartment redevelopment”.

This sale underscores the heightened competitiveness of Milwaukee’s multifamily real estate market. The city’s ongoing expansion of its residential sector, including the conversion of vacant properties into residential units, reflects Milwaukee’s status as one of the most fiercely contested markets for multifamily buildings nationwide.

For more information about this transaction or to explore commercial real estate opportunities in southeast Wisconsin and beyond, please contact The Barry Company at 414-271-1870.

 

About The Barry Company

The Barry Company, an over 100-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 Milwaukee Business Journal and has been awarded Broker of the Year honor by Riverworks Development Corporation.

 

For more information, contact:

Kyle Eckerman 

Commercial Broker

 414-333-4444
 keckerman@barrycre.com

The Barry Company Facilitates Innovative Sale-Leaseback Transaction in Menomonee Falls

Milwaukee, April 30, 2024 – The Barry Company, a leading southeast Wisconsin commercial real estate company headquartered in downtown Milwaukee, is thrilled to announce the successful completion of a sale-leaseback investment transaction for a property location in Menomonee Falls on Enterprise Avenue. The transaction, involving a 21,900 square foot industrial building, demonstrates the continued demand for sale-leaseback transactions and for industrial investment properties.

“We are excited to have played a pivotal role in this innovative transaction,” said Kyle Eckerman, Commercial Broker at The Barry Company. “This deal underscores our commitment to delivering creative solutions and maximizing value for our clients in today’s dynamic real estate market.”

The sale-leaseback arrangement not only provides the seller with immediate liquidity but also allows the seller/tenant to retain operational control of the property through a long-term lease agreement. This strategic maneuver enables businesses to unlock capital tied up in real estate assets while maintaining continuity in their operations. The industrial building, located in Menomonee Falls, offers prime access to major transportation routes and a thriving industrial business community.

For more information about this transaction or to explore commercial real estate opportunities in southeast Wisconsin and beyond, please contact The Barry Company at 414-271-1870.

 

About The Barry Company

The Barry Company, an over 100-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 Milwaukee Business Journal and has been awarded Broker of the Year honor by Riverworks Development Corporation.

 

For more information, contact:

Kyle Eckerman 

Commercial Broker

 414-333-4444
 keckerman@barrycre.com

23,267 Square Foot Manufacturing/Office Property Sold in Port Washington

Milwaukee, April 15, 2024 – The Barry Company, a leading southeast Wisconsin commercial real estate company headquartered in downtown Milwaukee, announced today that Jackson Machinery Co. has sold its 23,267 square feet manufacturing and office building on a 4-acre lot, located at 3830 County Road H, Port Washington, to D.R. Ag Services Inc. D.R. Ag Services Inc. purchased the property as an investment and the space is now available for lease.

David Buckley of the Barry Company represented both Jackson Machinery Co. and D.R. Ag Services in this transaction. He highlighted the standout attributes of the property. “This remarkable space showcases beautiful two-level offices, complete with two 5-ton bridge cranes, heavy power, a fenced yard, and a separate 4,800 square feet storage building” remarked Buckley. He further emphasized the property’s strategic location, situated mere seconds from I-43, as a significant advantage. The zoning of this property permits various uses from retail to manufacturing, which is beneficial for future occupants.

The sale of Jackson Machinery Co.’s manufacturing and office building at 3830 County Road H in Port Washington marks a significant transaction in the commercial real estate landscape, facilitated by The Barry Company. The acquisition by D.R. Ag Services Inc. demonstrates continued investor confidence in the southeastern Wisconsin commercial real estate office and industrial markets, underscoring the appeal of the property as a lucrative investment opportunity.

 

About The Barry Company

The Barry Company, an over 100-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 Milwaukee Business Journal and has been awarded Broker of the Year honor by Riverworks Development Corporation.

 

For more information, contact:

David Buckley 

Commercial Broker

 414-795-4443
 dbuckley@barrycre.com

20,000 Square Foot Industrial Property Sold in West Allis

Milwaukee, February 6, 2024 – The Barry Company, a leading southeast Wisconsin commercial real estate company headquartered in today downtown Milwaukee announced that Game Box, LLC has sold its 20,540 square foot building on a 0.944-acre lot, located at 11600 W. Dixon Street to MIKA Brands, LLC on January 31, 2024.

David Buckley of the Barry Company represented Game Box, LLC in this transaction. David Buckley stated, “This industrial building was not on the market very long due to two factors”. Buckley continued to state that, “One factor is the short supply of industrial buildings currently available on the market. The second is due to the prime location of the building, in the hub of the “Wheels of Industry” by the Zoo interchange”. Buckley received multiple offers before closing with MIKA Brands, LLC. This transaction underscores the ongoing strength of the industrial market as we enter 2024.

 

About The Barry Company

The Barry Company, an over 100-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 Milwaukee Business Journal and has been awarded Broker of the Year honor by Riverworks Development Corporation.

 

For more information, contact:

David Buckley 

Commercial Broker

 414-795-4443
 dbuckley@barrycre.com

Recent Office Transactions in Waukesha by The Barry Company

Milwaukee, November 20, 2023 – The Barry Company, a leading southeast Wisconsin commercial real estate company headquartered in downtown Milwaukee announced today that they have assisted several parties in selling and leasing office space in Waukesha County within the last three months.

Pat Lambo of Marlys A. Herbst Revocable Trust has sold a 3,700 square feet office/commercial building at N7 W23799 Bluemound Road, Waukesha, to Sa’d Eldissi.

Cramer Multauf & Hammes recently leased their 3,568 square feet building to Broesch & Co. SC, and B&B Lifeworx LLC (Ameriprise).

Kyle Eckerman of the Barry Company represented the seller in both transactions. He sees these closings as proof that despite the current height of the southeast Wisconsin industrial market in comparison to the office market, Waukesha’s office market articulates an alternative perspective. The third quarter market report highlights that Waukesha has some of the lowest office AND industrial vacancy rates. These closings signify the prosperity of the commercial real estate landscape currently occurring in Waukesha.

For more information about this transaction or to explore commercial real estate opportunities in southeast Wisconsin and beyond, please contact The Barry Company at 414-271-1870.

 

About The Barry Company

The Barry Company, an over 100-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 Milwaukee Business Journal and has been awarded Broker of the Year honor by Riverworks Development Corporation.

 

For more information, contact:

Kyle Eckerman 

Commercial Broker

 414-333-4444
 keckerman@barrycre.com

Industrial Property Sells in West Allis

Milwaukee, March, 2023 – The Barry Company, a leading southeast Wisconsin commercial real estate company, announced today the lease of 301 Reservoir, a 6,819 square foot office building located at 301 Reservoir Ave. Milwaukee, WI 53212. PSC Holdings will be leasing the property to Le Village Milwaukee LLC. The transaction was brokered by David Barry of the Barry Company.
 
About The Barry Company
The Barry Company, a 101-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 Milwaukee Business Journal and has been awarded Broker of the Year honor by Riverworks Development Corporation.

For more information, contact:

Kurt Van Dyke, CCIM, SIOR

Senior Vice President

 414-272-6726
 kurt@barrycre.com
 

David L. Barry, CCIM, SIOR

Commercial Broker

 414-272-6733
 dbarry@barrycre.com

Foxtown Landing Deal

About The Barry Company

The Barry Company, a 101-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 Milwaukee Business Journal and has been awarded Broker of the Year honor by Riverworks Development Corporation.

13000 W Custer, Butler WI Sale

Milwaukee, January 11, 2023 – The Barry Company, a leading southeast Wisconsin commercial real estate company, announced today the sale of Precision Woodworks, a 22,500 square foot industrial building located at 13000 W Custer Ave, in Butler, WI. 130 Custer LLC is the new owner of this property. The transaction was brokered by Kurt Van Dyke and David Barry of the Barry Company.
 
About The Barry Company
The Barry Company, a 101-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 Milwaukee Business Journal and has been awarded Broker of the Year honor by Riverworks Development Corporation.

For more information, contact:

Kurt Van Dyke, CCIM, SIOR

Senior Vice President

 414-272-6726
 kurt@barrycre.com
 

David L. Barry, CCIM, SIOR

Commercial Broker

 414-272-6733
 dbarry@barrycre.com