HSI Completes Purchase of former Saint Francis Borgia School Site for New Residential Development
The Barry Company brokers the transaction
HSI Arrabelle, LLC has purchased the Peter Sciortino’s Bakery has purchased the 3.1 acre site located on Hamilton Road, just west of Washington Ave., Cedarburg, Wis. from Saint Francis Borgia Congregation.
The property includes five separate tax parcels with two buildings that housed the former school and rectory of Saint Francis Borgia Catholic Church. The buildings will be demolished to make room for a $16 million residential development feature two 3-story apartment buildings and a 2-story townhome building.
Kevin Barry, CCIM and David Barry, CCIM, SIOR of The Barry Company brokered 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.