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Ridgeview Parkway West

Associated Bank Provides $6.5M Loan To Capital Partners For Ridgeview Industrial Center In Waukesha
FINANCEDIndustrial

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

Associated Bank
Associated BankLender

Waukesha Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

Loading comparables…

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