Skip to content
Homepage
  • Market
    • Illinois
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications
WisconsinRetail

HSA Commercial buys 217,000-square-foot retail center in Milwaukee market

Staff Writer March 26, 2017
Share on Facebook Share on Twitter Share on LinkedIn Share via email

A partnership formed by commercial mortgage lending specialists Innovative Capital Advisors and Chicago-based HSA Commercial Real Estate has completed the acquisition of the 217,346-square-foot Brookfield Fashion Center in Brookfield, Wisconsin.

The regional shopping center, on Bluemound Road just west of Brookfield Square Mall, is anchored by Stein Mart, Jo-Ann Fabrics, Pier 1 Imports and Ulta Beauty. Built in 1986, the center has managed to retain several original tenants during the past three decades, including Dress Barn, LensCrafters and Pier 1 Imports. It is currently 97-percent leased.

“The positive attributes of this property are plain to see – the tremendous trade area demographics, the sizeable frontage on Bluemound Road and the stability of the tenancy,” said Tim Blum, executive vice president of retail development with HSA Commercial Real Estate.

In June of 2013, a separate joint venture between ICA and HSA Commercial acquired Plaza 173, a 92,000-square-foot retail center a quarter-mile west of the Brookfield Fashion Center. Anchor tenants in that property, which is being rebranded as Calhoun Crossing as part of a full-scale redevelopment, include Fresh Thyme Farmers Market, Total Wine & More and DSW Designer Shoe Warehouse.

Tags
Tim Blum
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
TexasMultifamily

ACRE closes on $111 million loans for newly-built multifamily properties in Pflugerville

February 1, 2023
TexasMultifamily

Trez Capital announces the portfolio sale of two major projects in Texas

February 1, 2023
IndianaOhioHealthcare

Madison Street Group closes sale of Whitewater Eye Centers portfolio in Indiana, Ohio

February 1, 2023
TexasMultifamily

$63 million in financing secured for multifamily development in Dallas-Fort Worth area

February 1, 2023

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise
© 2023 REjournals.com