SOLD
Luther Group LLC Acquires Menomonee Falls Industrial Building For $4.7M
W165 N5731 Ridgewood Drive
Industrial
62,000 SF
62,000 SF
Sold 106 days ago
Summary
Sale
WISCONSIN
Industrial
62,000 sqft
An industrial building located at W165 N5731 Ridgewood Drive in Menomonee Falls, WI has been sold for $4.7 million. The property spans 62,000 square feet, resulting in a price per square foot of $76. The transaction took place between seller Rob Gerbitz, representing Hendricks Commercial Properties, and buyer Luther Group LLC.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,700,000
- Square Footage: 62,000
- Address: W165 N5731 Ridgewood Drive
- Market: Menomonee Falls, WI
Representing Luther Group LLC in the deal was Jim Larkin from Colliers International. Jim Larkin acted as the broker for the buyer. This transaction marks the successful acquisition of the industrial property by Luther Group LLC from Hendricks Commercial Properties.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Rob Gerbitz & Jim Larkin
DATE: 01/11/2024
ADDRESS: W165 N5731 Ridgewood Drive
MARKET: Menomonee Falls, WI
ASSET TYPE: Industrial
BUYER: Luther Group LLC
SELLER: Rob Gerbitz - Hendricks Commercial Properties
BROKER: Jim Larkin - Colliers International
SALE PRICE: $4,700,000
SF: 62,000 ~ PPSF: $76
NOTE: Elm Grove investor Luther Group LLC has acquired a 62,000-square-foot industrial building in Menomonee Falls from Hendricks Commercial Properties for $4.7 million.View on map
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AddressW165 N5731 Ridgewood Drive
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