Avison Young has negotiated the sale of a five-building, 191,000-square-foot industrial portfolio in the Southeast Wisconsin market.
The portfolio is situated in the Milwaukee General Mitchell Airport industrial market, known as The Gateway to Milwaukee, and includes high-credit tenants with a history of renewals and expansions. Among the national tenants that occupy space within the portfolio are Enterprise Rental Car and Xerox.
Avison Young principals Erik Foster and Mike Wilson, who lead the firm’s national capital markets team in Chicago, represented the seller, Zilber Property Group. The buyer was a local commercial real estate investment group with other properties in the Gateway to Milwaukee area. The sales price was not disclosed.