Associated Bank Provides $6.5M Loan To Capital Partners For Ridgeview Industrial Center In Waukesha
Ridgeview Parkway West
$6,500,000
$72/SF
Building Size
89,405 SF
Asset Type
Industrial
Closing
Sep 16, 2025
AI
The asset involved in the transaction is the Ridgeview Industrial Center IV, located at Ridgeview Parkway West in Waukesha, WI. The property is an industrial building with a total area of 89,405 square feet, remodeled in 2023 and currently fully leased to two tenants.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $6,500,000
- Lender: Associated Bank
- Landlord: Capital Partners
This deal highlights the collaboration between Associated Bank and Capital Partners, where Associated Bank provided a loan for the acquisition of the property, enhancing Capital Partners’ industrial portfolio, which totals 16.2 million square feet.
Players
Waukesha Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93