Montecito Medical Acquires Aurora Health Center Germantown For $30.75M

The medical office building located at W180n11070 River Lane & N112w17975 Mequon Road in Germantown, WI, was recently sold in a transaction amounting to $30,750,000. The asset, spanning 92,573 square feet, was acquired by Chip Conk & Rus Gudnyy of Montecito Medical from the seller, Sentinel Management Co. The property was represented in the deal by brokers Gino Lollio, Travis Ives, Sushil Puria, and Tyler Morss from Cushman & Wakefield, along with Mike Keane from The Boerke Co.

Summary of transation details:

• Property Type: Medical Office Building
• Transaction Amount: $30,750,000
• Address: W180n11070 River Lane & N112w17975 Mequon Road
• Market: Germantown, WI
• Buyer: Chip Conk & Rus Gudnyy - Montecito Medical
• Seller: Sentinel Management Co.
• Brokers: Gino Lollio, Travis Ives, Sushil Puria & Tyler Morss - Cushman & Wakefield & Mike Keane - The Boerke Co
• SF: 92,573
• PPSF: $332

The Cushman & Wakefield Healthcare Capital Markets Group, along with The Boerke Company, successfully closed the $30.750 million sale of the Aurora Health Center Germantown to Montecito Medical. The deal was orchestrated by Gino Lollio, Travis Ives, Sushil Puria, and Tyler Mrors from Cushman & Wakefield, in collaboration with Mike Keane from The Boerke Company, representing Sentinel Management Company in this significant transaction in Germantown, Wisconsin.