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
About this deal
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.
On the Map
$42,000,000
Office
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Players
Menomonee Falls Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
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