Hammes Partners Acquires Office Asset In Milwaukee From Montecito Medical Real Estate For $52.5M

The property asset involved in this transaction is located at 1155 North Mayfair Road in Milwaukee, WI. This office asset comprises a total of 100,977 square feet and has been sold for a price of $52,500,000.00, reflecting the current market conditions. The sale was executed between two entities specializing in commercial real estate.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $52,500,000.00
• Address: 1155 North Mayfair Road
• Market: Milwaukee, WI
• Units: 100,977
• Buyer: Hammes Partners
• Seller: Montecito Medical Real Estate

In this transaction, Hammes Partners acted as the buyer, acquiring the property from the seller, Montecito Medical Real Estate. The deal highlights the real estate investment dynamics in the office sector, involving significant market players.