CBRE arranged the sale and acquisition financing for Ridgeview Industrial Center IV, an 89,405-square-foot, Class B industrial property in Waukesha, Wisconsin. Capital Partners purchased the property from Mohr Capital for $10 million.
CBRE’s Bentley Smith, Joe Horrigan, Ryan Bain, Zach Graham, Judd Welliver, Mike Caprile represented the seller in the transaction. CBRE’s Billy Mork, Mike Vannelli and Joel Torborg of CBRE Capital Markets’ Debt and Structured Finance team in Minneapolis secured the five-year, fixed-rate, full-term interest-only loan on behalf of the buyer.
Ridgeview Industrial Center IV is located at W233N2095 Ridgeview Parkway, near the Interstate 94 and Redford Boulevard intersection and minutes from Waukesha County Airport. Built in 2001 and renovated in 2021 and 2023, the building features 22-foot clear heights, one drive-in door, 14 dock doors, and a 316-stall parking lot.
The property was 100% occupied at the time of the sale.
