



Milwaukee
Westmount acquired this 10-building, 1,739,332-square-feet industrial portfolio in early 2015. The properties are spread throughout metropolitan Milwaukee and in close proximity to the interstate freeway system, executive housing, and accessible to labor pools. The portfolio provides upside potential due to its below-average occupancy at the time of acquisition. It was 81% leased while the average for the Milwaukee industrial market hovered around 94%.
Upon acquisition, we implemented a plan to actively self-manage the portfolio through an onsite manager to maximize tenant retention by delivering best-in-class property management, necessary make-ready improvements to existing vacancies, and effective rebranding efforts. We also introduced new proactive and responsive leasing programs to convert the existing below-market rents to current market rental rates.
6736 W Washington St — West Allis, WI Current Availability
- Multi-tenant
- 113,372 square feet, 17% office finish
- 1998, renovated in 2007, precast concrete construction
- 8 dock doors, 3 drive-in doors, 27′ clear height
7025 W Parkland Ct — Milwaukee, WI Current Availability
- Multi-tenant
- 226,109 square feet, 1% office finish
- 1973, renovated in 1982, masonry construction
- 21 dock doors, 1 drive-in door, 21′ clear heightProperty Brochure (PDF)
7501 N 81st St — Milwaukee, WI Fully Leased
- Multi-tenant
- 183,958 square feet, 2% office finish
- 1987 construction, renovated in 2010, masonry construction
- 25 dock doors, 3 drive-in doors, 30′ clear height
5401 W Donges Bay Rd — Mequon, WI Fully Leased
- Multi-tenant
- 464,503 square feet, 4% office finish
- Constructed 1971, precast construction
- 41 dock doors, 7 drive-in doors, 24-26′ clear height
9251 Fountain Blvd — Menomonee Falls, WI Fully Leased
- Multi-tenant
- 182,000 total area SF, 7% office finish
- Constructed 1979, renovated 1996, masonry construction
- 20 dock doors, 2 drive-in doors, 20-25′ clear height
2900 S 160th St — New Berlin, WI Fully Leased
- Single-tenant
- 183,480 square feet, 13% office finish
- 1971, renovated in 1978, concrete masonry construction
- 7 dock doors, 6 drive-in doors, 21′ clear height
16405 W Lincoln Ave — New Berlin, WI Fully Leased
- Multi-tenant
- 91,473 square feet, 13% office finish
- 1979, renovated in 1982, concrete masonry construction
- 10 interior docks, 5 drive-in doors, 18-23′ clear height
16800 W Ryerson Rd — New Berlin, WI Fully Leased
- Multi-tenant
- 180,284 square feet, 14% office finish
- 1976, renovated in 1992, masonry and metal panel construction
- 12 dock doors, 2 drive-in doors, 21′ clear height
11925 W Carmen Ave — Milwaukee, WI Sold
- Multi-tenant
- 100,000 square feet, 23% office finish
- 1969, renovated in 1998, masonry construction
- 11 dock doors, 2 drive-in doors, 20′ clear height
2450 S 170th St — New Berlin, WI Sold
- Multi-tenant
- 36,468 square feet, 10% office finish
- 1970, renovated in 1977, masonry construction
- 3 dock doors, 2 drive-in doors, 16′ clear height
- 10
Number of Buildings
- 1.7M
Total Square Footage
- 2015
Year Acquired
- 7%
Average Office Finish
- 86%
Occupancy
Leasing
Jeff Hoffman, SIOR, CCIM
Cushman & Wakefield | The Boerke Company
414-203-3038
jhoffmann@boerke.com
Chad Vande Zandt
Cushman & Wakefield | The Boerke Company
414-491-6393
cvandezande@boerke.com
Property Management
Janelle Cox, CPM
Onsite Management
414-257-0238
jcox@westmountrc.com
Ginny Goldsmith, CPM
Westmount Realty Capital, LLC
214-884-3695
ggoldsmith@westmountrc.com
More Information
Daniel Blough
Westmount Realty Capital, LLC
214-884-3719
dblough@westmountrc.com