Lake Country Condo Sold

The Barry Company brokers transaction

Schwalbe Trust has purchased the 2,400 square foot warehouse unit located at W300N7672 Christine Lane, Town of Merton, Wis. from Twin Caves LLC.

Maximilian Yokosh, a broker at The Barry Company was the listing agent on 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 19 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.

Former Allen Edmonds warehouse sold in Port Washington, Wis.

The Barry Company brokers transaction

Allen Edmonds has sold its 33,144 square foot industrial facility in Port Washington, Wis. to Maritime Holdings, LLC.

The property, located at 1112 Bywater Drive in Bywater Business Park, formerly housed the warehouse operations of Allen Edmonds.  David Buckley of The Barry Company was the exclusive broker on the transaction.  Maritime Holdings will occupy the building.

“This was a significant industrial sale for the Ozaukee County submarket which has a historically low vacancy rate of 5.3 percent,” said The Barry Company President James T. Barry III.

Buckley continues to market approximately 9.3 acres of vacant land for sale adjacent to the warehouse.  The parcels are divisible to one acre.

Read more at the Business Journal of Milwaukee: https://www.bizjournals.com/milwaukee/news/2019/09/04/former-allen-edmonds-warehouse-in-port-washington.html

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 18 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.

James T. Barry, Jr., real estate visionary and civic leader, dies at 85

James T. Barry, Jr., Chairman of The Barry Company and a visionary force in Wisconsin commercial real estate died Tuesday of natural causes.  He was 85.

Mr. Barry was born in Milwaukee on August 21, 1933.  He graduated from the University of Notre Dame and the University of Wisconsin Law School and joined The Barry Company in 1959, assuming leadership of the company in 1964.

In the late 1960s and early 1970s, as businesses moved from the central business district of Milwaukee to the suburbs, and with the completion of the freeway system, Mr. Barry foresaw the future shape of the Southeast Wisconsin commercial real estate market and began identifying and assembling land for modern industrial, office and business parks.  This effort culminated in the sale of thousands of acres of land in various industrial, office and business parks such as the New Berlin Industrial Park (1970), the Bishops Woods Office Park (1982) and the Moorland Industrial Park (1989), among many others.  Mr. Barry assembled and developed business parks for over a dozen Southeast Wisconsin municipalities.  In addition to his role in creating business parks, Mr. Barry was consistently involved in many of the most high-profile real estate transactions in Wisconsin history, including the assemblage of land for what is now the US Bank Center in Milwaukee; the repurposing, leasing and ultimate sale of the massive former Allis Chalmers complex in West Allis, Wis., and the handling of nationwide real estate assignments for clients such as Johnson Controls, Snap-on Incorporated, Rockwell International, Miller-Coors and Harley-Davidson.

After transferring leadership of The Barry Company to the next generation, Mr. Barry remained an ever-present force in the commercial real estate industry, providing enthusiastic advice and guidance to the brokers of The Barry Company and remaining keenly well-informed on all things commercial real estate.  In his later years, he carried a business card that identified his position as “Peddler.”

Mr. Barry served as president of the Milwaukee Board of Realtors and as a director of the Society of Industrial and Office Realtors (SIOR). He was twice awarded SIOR’s “Most Ingenious Transaction” award, once for his work in the sale of a Pabst Brewing property in Peoria, Ill., and a second time for the help he provided in structuring a transaction for the Gisholt division of Giddings & Lewis in Monona and Madison, Wis.  He was recognized in 2010 by the Wisconsin chapter of SIOR with a Lifetime Achievement Award honoring his more than 50-year career in commercial real estate.  The same year, he was also named to the Midwest Real Estate News Hall of Fame.

In addition to his business dealings, Mr. Barry was an active civic leader in Milwaukee and throughout Wisconsin.  He served as a director of the Metropolitan Milwaukee Association of Commerce, an advisory board member of the College of Letters and Sciences at University of Notre Dame, an advisory board member of both the UW Center of Urban Land Economics Research and the University of Wisconsin Law School, and director of numerous charitable, bank and corporate boards.

He was a long-time member of the Rotary Club of Milwaukee, The Milwaukee Athletic Club, Chenequa Country Club and Heiliger Huegel Ski Club, where he served as president.  He was a devout Catholic and supported numerous Catholic charitable projects, such as the restoration of Holy Hill Basilica.

“My father had the great gift of truly loving what he did, as well as seeing it as his vocation in life,” said his son, James T. Barry III, president of The Barry Company. “In addition, he was deeply devoted to the Milwaukee community, not only as a business leader, but also as an engaged civic leader with a wide array of involvements,” added Barry, who, with his brothers Kevin and David, represent the third generation to lead the nearly century-old Barry Company.

Visitation will be held August 20, 2019 from 4:00pm to 7:00pm at Feerick Funeral Home, 2025 E. Capitol Dr., Shorewood, Wis.  Mass of Christian Burial will begin at 11:00am on Wednesday, August 21, 2019 at St. Monica Catholic Church, 5601 N. Santa Monica Blvd., Whitefish Bay, Wis.

The Barry Company will be closed on Wednesday, August 21, 2019 so that family, friends and staff may attend services. 

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 17 Deal of the Year awards from the Commercial Association of Realtors-Wisconsin. 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.

The Barry Company hires new commercial real estate broker

The Barry Company is pleased to announce that Nick Zurich has joined the Barry team as a commercial real estate broker.

Nick brings over 11 years of sales experience, mostly from the IT consulting and staffing services industry, and looks to join The Barry Company’s long-run of success structuring some of the region’s most high-profile and complex commercial, industrial, office and land transactions.

Nick will leverage his ability to build strong relationships – built by trust, transparency, and integrity – to assist clients in finding the best solution to the challenges they face. Nick is poised to build a great commercial real estate career by using these skills and honing them from the best in the industry.

“These are exciting times for our firm and for southeast Wisconsin’s commercial real estate industry as a whole. Nick is a terrific addition to our award-winning team,” said The Barry Company President James T. Barry, III.

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 17 Deal of the Year awards from the Commercial Association of Realtors-Wisconsin. 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.

Harken, Inc. Sells, Leases Back Pewaukee, Wis. Facility

The Barry Company brokers real estate transaction

Harken, Inc. has sold and entered into a long-term leaseback of its world headquarters located at N15W24983 Bluemound Road, Pewaukee, Wis. in a $15 million sale-leaseback transaction to HRKN LLC, a private real estate investment group that is not affiliated with Harken, Inc.

The 170,000 square foot industrial building with 30,000 square feet of second-floor office space was constructed in 2012 for Harken Inc.’s use.

“Completing this transaction will help accelerate our company’s growth.  We will certainly continue to focus on organic growth and plan to stay right here in our home community of Pewaukee, Wis.  With this sale, we may consider some strategic acquisition opportunities in our marine and industrial markets that will put this capital to work.” said Harken, Inc. co-owner and founder Peter Harken.

Harken, Inc. is a leading manufacturer and marketer of quality marine hardware and accessories that dominate such events as the America’s Cup and Olympics.  Harken has invested significantly in new markets outside of the marine industry to chart a strong growth trajectory for the future in the safety and rescue markets.  Harken manufactures in the USA and Italy. Its network includes offices in 48 countries, with group offices located in Australia, France, Italy, New Zealand, Poland, Sweden, the United Kingdom, and the United States (Rhode Island, California, and Florida).

“This sale-leaseback transaction is indicative of the strength of the industrial and investment markets in Southeast Wisconsin” said David Buckley of The Barry Company, who brokered the transaction. “We’re proud to have a relationship with Harken, Inc. and that we could structure a deal that satisfied all parties involved.”

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 a total of 18 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.

Lake Geneva, Wis. Industrial Property Sold

The Barry Company represents Seller in transaction

Lake Geneva Self Storage LLC has purchased the 68,000 square foot industrial facility located at 901 Maxwell Street, Lake Geneva, Wis. and plans to convert the property to self-storage use.

Kevin Barry, executive vice president of The Barry Company, handled the transaction for the seller, Everett Smith Group.

About The Barry Company

The Barry Company, a 96-year-old independently owned and operated commercial real estate company, provides award-winning services throughout southeast Wisconsin and beyond. The Barry Company has a total of 18 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.

Lakeside Real Estate LLC leases former Naturescape building

The Barry Company represents Buyer and Seller in transaction

Lakeside Real Estate LLC has leased the 6,000 square foot industrial facility located at N114W18686 Clinton Drive, Germantown, Wis.

Maximilian Yokosh of The Barry Company was the exclusive broker on the transaction.

About The Barry Company

The Barry Company, a 96-year-old independently owned and operated commercial real estate company, provides award-winning services throughout southeast Wisconsin and beyond. The Barry Company has a total of 18 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.

Wisconsin Institute for Law and Liberty leases downtown Milwaukee office space

The Barry Company represents Tenant in transaction

Wisconsin Institute for Law and Liberty has leased 6,372 square feet of office space at Plaza East in downtown Milwaukee.  The organization will occupy a portion of the seventh floor of the building, located at 330 E. Kilbourn Avenue.

Due to its growth, WILL is moving from its historic lower east side Milwaukee location on East Knapp Street that it leased from the Bradley Foundation.

David Barry of The Barry Company represented WILL in the transaction and is currently marketing the Knapp Street building, as well as two neighboring historic office buildings on Franklin Place for sale.

Read more at The Business Journal of Milwaukee:  https://www.bizjournals.com/milwaukee/news/2019/05/06/wisconsin-institute-for-law-liberty-moving.html

About The Barry Company

The Barry Company, a 96-year-old independently owned and operated commercial real estate company, provides award-winning services throughout southeast Wisconsin and beyond. The Barry Company has a total of 18 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.

Culver’s Restaurant to be constructed on vacant land site in Kenosha, Wis.

The Barry Company brokers land sale

The Barry Company has sold a parcel of land at the intersection of Hwy 142 and I-94 in Kenosha, Wis.

The 0.79 acre lot is located adjacent to Amazon’s 1.5 million square foot distribution campus, and east of Uline’s 880,000 square foot warehouse.  The property was purchased by S & L Properties Kenosha 142 LLC, which will construct a Culver’s Restaurant on the site.

The seller was represented by Kevin Barry, CCIM, executive vice president at The Barry Company.  He will continue to market for sale a 3.44 acre land parcel directly south of the new Culver’s location.

Read more at The Business Journal of Milwaukee: https://www.bizjournals.com/milwaukee/news/2019/04/18/land-sold-for-culvers-in-kenosha-near-amazon.html

About The Barry Company

The Barry Company, a 96-year-old independently owned and operated commercial real estate company, provides award-winning services throughout southeast Wisconsin and beyond. The Barry Company has a total of 18 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.

Bradley Foundation leases space at new Hammes office building in Downtown Milwaukee

The Barry Company represents tenant in transaction

The Lynde and Harry Bradley Foundation has leased 15,677 square feet of office space at 1400 N. Water Street, Milwaukee.  The Bradley Foundation will move from its current lower east side Milwaukee location and will occupy the entire third-floor space of the five-story office building being completed by Hammes Company.

David Barry of The Barry Company represented The Bradley Foundation in the transaction and will soon begin marketing the Franklin Place properties for sale.

About The Barry Company

The Barry Company, a 96-year-old independently owned and operated commercial real estate company, provides award-winning services throughout southeast Wisconsin and beyond. The Barry Company has a total of 18 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.

The Business Journal:  https://www.bizjournals.com/milwaukee/news/2019/04/15/bradley-foundation-moving-to-hammes-co-s-downtown.html

BizTimes:  https://www.biztimes.com/2019/industries/nonprofit-philanthropy/bradley-foundation-moving-hq-to-downtown-milwaukee/

Milwaukee Journal Sentinel:  https://www.jsonline.com/story/money/real-estate/commercial/2019/04/15/conservative-bradley-foundation-moving-offices-downtown-milwaukee/3473300002/