David Buckley brokers commercial sale
MILWAUKEE, January 3, 2022 – The Barry Company, a leading southeast Wisconsin commercial real estate company headquartered in downtown Milwaukee announced today that RJ Wood Industries, Inc. has purchased the building it has been leasing for the past two years at 4550 Hron Rd. in West Bend, Wisconsin from its landlord Avon II, Inc. The deal closed on December 22, 2021.
Both buyer and seller were represented by David Buckley of the Barry Company. “2021 was a huge year for industrial real estate,” commented Buckley, “This deal and others like it are perfect examples of the staggering demand for industrial inventory.” Buckley explains that the lease agreement included and option to purchase after two years, which RJ Wood Industries was glad to capitalize on.
RJ Wood Industries provides project management, design and engineering for commercial and retail cabinetry, millwork and retail fixtures. The company has worked with several high-profile clients such as Kohl’s and the YMCA. Jill Martin, a co-owner of the business, explains that this purchase allows the company to create a better environment for both employees and customers. Martin says the space has been remodeled to include a cleaner and more desirable space for employees. She also says that by buying the building they can create “a larger and more efficient facility to service our growing customer base.”