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Ridgeview Parkway West

Capital Partners Acquires Ridgeview Industrial Center IV From Mohr Capital For $10M
SOLDIndustrial

Capital Partners Acquires Ridgeview Industrial Center IV From Mohr Capital For $10M

Ridgeview Parkway West

$10,000,000

$111/SF

Building Size

89,405 SF

Asset Type

Industrial

Closing

Oct 8, 2025

AI

The sale of Ridgeview Industrial Center IV, located at Ridgeview Parkway West in Waukesha, WI, was finalized on 10/08/2025. The industrial property, consisting of 89,405 square feet, was sold for $10,000,000, which equates to a price per square foot of $112. The facility, fully leased and built in 2001, underwent renovations in 2021 and 2023, and includes features such as 22-ft clear height, 14 dock doors, one drive-in door, and 316 parking stalls, conveniently situated near I-94 and Waukesha County Airport.

Summary of transaction details:

CBRE facilitated the transaction, representing the seller Mohr Capital, while the buyer Capital Partners successfully secured a five-year fixed-rate acquisition loan through CBRE. The deal highlights the collaborative efforts of the brokerage team in managing this significant industrial property sale.

Players

Judd Welliver

CBRE

Broker

$1.8B

vol

27 deals

Broker
CBRE
CBREBrokerage
Mohr Capital
Mohr CapitalSeller

Waukesha Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.59%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93