Germantown Industrial Park Building Sold
The Barry Company brokers transaction
Gene & Casey has sold its 6,400 square foot industrial facility located at N114W18633-35 Clinton Dr., in Germantown Industrial Park, Germantown, Wis. to Park4Properties LLC.
“This transaction is indicative of the ever-increasing activity in the Germantown submarket,” said Maximilian Yokosh, a broker with The Barry Company, who was the exclusive agent on the transaction.
The current vacancy rate in Washington County is approximately 1.5 percent for industrial real estate. “With the increased transaction velocity that has occurred recently in Germantown and nearby industrial corridors, Washington County will in all likelihood continue to maintain maintaining the lowest vacancy rate in the eight-county area of Southeast Wisconsin,” said James T. Barry, III, president of The Barry Company.
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.
For more information, contact:
Maximilian M. Yokosh