Dufek Realty has sold a 206,200-square-foot industrial building at 4041 N. Richards St. in Milwaukee.
The building was formerly owned by Stag II Glendale LLC, and was sold to an affiliate of Phoenix Investors for $1.45 million.
Robert Dufek of Dufek Realty and Jim Larkin of Colliers International co-brokered the transaction.
The buyer plans to continue to redevelop the property.
