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N84w16889 Menomonee Avenue

MedProperties Realty Advisors Buys Milwaukee Office Buildings From Healthcare Realty For Forty Two Million
SOLDOffice

MedProperties Realty Advisors Buys Milwaukee Office Buildings From Healthcare Realty For Forty Two Million

N84w16889 Menomonee Avenue & 7878 North 76th Street

$42,000,000

Building Size

Asset Type

Office

Closing

Aug 4, 2025

AI

Office asset comprising two Milwaukee-area Aurora medical clinic buildings located at N84w16889 Menomonee Avenue and 7878 North 76th Street in the Menomonee Falls and Milwaukee markets, Wisconsin. The sale price totaled $42,000,000.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: $42,000,000
  • Date of Sale: 08/04/2025
  • Market: Menomonee Falls & Milwaukee, WI
  • Addresses: N84w16889 Menomonee Avenue; 7878 North 76th Street
  • Buyer: MedProperties Realty Advisors
  • Seller: Healthcare Realty
  • Note: Dallas-based MedProperties Realty Advisors bought two Milwaukee-area Aurora medical clinic buildings for a combined $42 million from Nashville-based Healthcare Realty.

The deal involved Dallas-based MedProperties Realty Advisors as the buyer and Nashville-based Healthcare Realty as the seller, illustrating cross-market activity in Wisconsin's office sector.

Players

MedProperties Realty Advisors
MedProperties Realty AdvisorsBuyer
Healthcare Realty
Healthcare RealtySeller

Menomonee Falls Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.38%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93