SOLD
LCM Funds Acquires Industrial Building In Milwaukee For $2.3M
5151 West State Street
Industrial
90,000 SF
90,000 SF
Sold 185 days ago
Summary
Sale
WISCONSIN
Industrial
90,000 sqft
Mortgage Guaranty Insurance Corp. (MGIC) has sold an approximately 90,000-square-foot industrial building located at 5151 W. State St. in Milwaukee, WI. The property was purchased by local real estate investor LCM Funds for a total of $2.3 million. The sale price of the property equates to a price per square foot of $26.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,300,000
- Square Footage: 90,000
- Address: 5151 West State Street, Milwaukee, WI
- Market: Milwaukee, WI
The buyer in this transaction is Scott Revolinski, representing LCM Funds. The seller is Mortgage Guaranty Insurance Corp. The deal was facilitated by brokers Scott Furmanski and Bill Bonifas from CBRE.
Details
SOLD
IMAGE: Scott Revolinski, Scott Furmanski & Bill Bonifas
DATE: 10/25/2023
ADDRESS: 5151 West State Street
MARKET: Milwaukee, WI
ASSET TYPE: Industrial
BUYER: Scott Revolinski - LCM Funds
SELLER: Mortgage Guaranty Insurance Corp
BROKER: Scott Furmanski & Bill Bonifas - CBRE
SALE PRICE: $2,300,000
SF: 90,000 ~ PPSF: $26
NOTE: Mortgage Guaranty Insurance Corp. (MGIC) has sold an approximately 90,000-square-foot industrial building at 5151 W. State St. in Milwaukee to local real estate investor LCM Funds for $2.3 million.View on map
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Address5151 West State Street
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