Associated Bank completed a $6.5 million term loan for Capital Partners for the acquisition of Ridgeview Industrial Center IV in Waukesha, Wisconsin.
The 89,405-square-foot industrial property, built in 2003 and remodeled in 2023, is 100-percent leased to two tenants. The building is strategically located just off the intersection of Interstate 94 and Redford Boulevard, with logistic access to Interstates 41, 43, and 94 which provides efficient regional and national transportation access.
Capital Partners focuses on the ownership and management of industrial properties, industrial building development and property management services. The company currently manages 16.2-million square feet of industrial property with a 97-percent occupancy over the past two decades.
Randy Stille, a senior vice president with Associated Bank’s Commercial Real Estate, handled the loan arrangements and closing
