Klein Development Acquires 100 East Office Tower In Milwaukee For $28.75M

The 100 East office tower in downtown Milwaukee, located at 100 East Wisconsin Avenue, has been sold for $28.75 million. The property is set to undergo a transformation into approximately 350 Class A apartments.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $28,750,000
• Market: Milwaukee, WI

Klein Development, led by Joseph Klein, is the buyer in this transaction. They have acquired the 100 East office tower, aiming to convert it into high-quality residential units. This redevelopment project will contribute to the growth of downtown Milwaukee's housing market.