CBRE has arranged the sale of Beláy Apartments, a 46-unit mixed-use multifamily property in Milwaukee, most recognizable as the long-term home of Adventure Rock’s first downtown climbing gym.
La Crosse-based Three Sixty Real Estate Solutions, LLC purchased the property from its original developer, an affiliate of Mandel Group, Inc., marking the buyer’s first investment in Greater Milwaukee.
CBRE’s Sean Beuche, Matson Holbrook, Gretchen Richards and Patrick Gallagher represented the seller in the transaction and procured the buyer.
Beláy Apartments is located at 2200 N. Commerce St. in Milwaukee’s Beerline neighborhood, on a bluff overlooking the Milwaukee River. The property features one- and two-bedroom floor plans and 17,000 square feet of mixed-use space, occupied on a long-term lease by Adventure Rock, Inc. In addition to premium Class A features, residents benefit from complimentary membership access to Adventure Rock.
