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:
- Property Type: Industrial
- Transaction Amount: $10,000,000
- Buyer: Capital Partners
- Seller: Mohr Capital
- Brokers: Bentley Smith, Joseph Horrigan, Ryan Bain, Zachary Graham, Judd Welliver, Mike Caprile, Billy Mork, Mike Vannelli & Joel Torborg - CBRE
- Square Footage: 89,405
- Price per Square Foot: $112
- Date of Sale: 10/08/2025
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
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