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/

J&D Turf Leases Space in New Berlin Industrial Park

The Barry Company represents Tenant in transaction

J&D Turf has leased 7,500 square feet of industrial space at 2469 S. 170th Street, New Berlin, Wis.  The New Berlin Industrial Park Building is owned by GTR Holdings LLC.

David Barry of The Barry Company represented the tenant in 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.

The Barry Company Wins Deal of the Year Awards

Company receives win in industrial category and runner-up in development category

The Barry Company, a leading southeast Wisconsin commercial real estate company headquartered in downtown Milwaukee won the “Industrial Deal of the Year” award and was runner-up for the “Development Deal of the Year” award, which were presented at the 2018 Commercial Association of Realtors of Wisconsin (CARW) Deal of the Year Awards and Annual Meeting last night at the Grain Exchange, Milwaukee. The event honored 2018’s most notable professionals and transactions in Southeast Wisconsin commercial real estate.

David Buckley, Kevin Barry, CCIM, Kurt Van Dyke, CCIM, SIOR and Jim Barry III, CCIM won the Industrial Deal of the Year award for their involvement in Blast Cleaning Technologies’ lease of 127,000 square feet in the former Allis Chalmers facility at 6682 W. Greenfield Avenue, West Allis, Wis. The transaction was one of the largest industrial lease deals in Wisconsin in 2018 and included economic incentives and loan programs, as well as a tenant investment of over $2M to upgrade the older industrial space to modern standards.

David Barry, CCIM, SIOR and Kevin Barry, CCIM were runner-up for the Development Deal of the Year award for selling the 3.1 acre former Saint Francis Borgia school and rectory site in Cedarburg, Wis. to HSI Arrabelle, LLC. The site will be developed into a $16M residential campus featuring 3-story apartment buildings and 2-story townhomes.
Since the inception of the Deal of the Year award by CARW, The Barry Company has won 17 times, and has been honored as runner-up on multiple occasions.

About The Barry Company

The Barry Company, a 97-year-old independently owned and operated commercial real estate company, provides award-winning services throughout southeast Wisconsin and beyond. The Barry Company has won six awards from the Commercial Association of Realtors-Wisconsin in the past five years, and 17 awards since the inception of the event. The company has also received three consecutive Best Deal/Lease of the Year awards from The Business Journal.

Lake Country Condo Sold

The Barry Company brokers transaction

H. Niedecken & Company, LLC 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 exclusive agent 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 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.

Sontay LLC sells its Jackson, Wis. industrial facility

The Barry Company represents Seller in transaction

Sontay LLC has sold its 18,400 square foot building located at W209N17391 Industrial Drive, Jackson, Wis. for $1,060,000.

The property was purchased by RAJA Investments LLC/United Environmental Manufacturing Supply, Inc., a leader in pipeline maintenance and inspection systems.  UEMSI will utilize the space for expansion of its operations.

“Sontay LLC will be consolidating operations to their Menomonee Valley location,” according to David Buckley of The Barry Company, who represented the seller in the transaction.

For more details on this transaction, read the story of the Milwaukee Business Journal HERE.

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.