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Midloch Investment Partners And Fountain Real Estate Capital Acquire Industrial Property In Madison For $19.05M

Property Image
SOLD
$19,050,000

Wisconsin

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Industrial131,558 SF
Sold 04/01/2025
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Property Image
SOLD

Midloch Investment Partners And Fountain Real Estate Capital Acquire Industrial Property In Madison For $19.05M

5525 Tradesmen Drive

See Similar Deals
Industrial131,558 SF
Sold 04/01/2025

Summary

WISCONSIN
Asset Type:Industrial
Price Per Square Foot:$144
Total Square Footage:131,558 SF
Transaction Type:Sale

The property asset involved in this transaction is a 131,558-square-foot industrial facility located at 5525 Tradesmen Drive in Madison, WI. It was sold for $19,050,000, which equates to approximately $145 per square foot. The facility features 32-foot clear heights, 14 dock positions, and a fast-response sprinkler system and was previously owned by Likewise Partners and Ackerberg Group.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $19,050,000
  • Address: 5525 Tradesmen Drive
  • Market: Madison, WI
  • Square Footage: 131,558
  • Price Per Square Foot: $145
  • Buyer: Midloch Investment Partners & Fountain Real Estate Capital
  • Seller: Likewise Partners & Ackerberg Group
  • Broker: CBRE

The key individuals involved in the transaction include Midloch Investment Partners and Fountain Real Estate Capital as the buyers, and Likewise Partners and Ackerberg Group as the sellers. The deal was facilitated by broker CBRE, reflecting the collaboration of distinct entities within the real estate market.

Players

BUYER

Details

SOLD
IMAGE: 04/01/2025 ADDRESS: 5525 Tradesmen Drive MARKET: Madison, WI ASSET TYPE: Industrial BUYER: Midloch Investment Partners & Fountain Real Estate Capital SELLER: Likewise Partners & Ackerberg Group BROKER: CBRE SALE PRICE: $19,050,000 SF: 131,558 ~ PPSF: $145 NOTE: Midloch Investment Partners and Fountain Real Estate Capital purchased the 131,558-square-foot Tradesmen industrial property in Madison, WI for $19.05 million, or $144.80 per square foot. The two-year-old facility features 32-foot clear heights, 14 dock positions, and a fast-response sprinkler system, and was previously owned by a venture of Likewise Partners and Ackerberg Group.

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