Core Acquisitions Buys Green Bay Plaza Retail Center From Anenberg Asset Management For $24.5M
1481 1535 West Mason Street
$24,500,000
$105/SF
Building Size
232,796 SF
Asset Type
Retail
Closing
Dec 10, 2025
AI
The transaction involves a retail asset located at 1481-1535 West Mason Street in Green Bay, WI. It was sold for $24,500,000 and has a total square footage of 232,796. The property is significant in the market as it is 89% leased to major tenants including T.J. Maxx, HomeGoods, and Ross Dress for Less.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $24,500,000
- Square Footage: 232,796
- Address: 1481-1535 West Mason Street
- Market: Green Bay, WI
- Buyer: Core Acquisitions
- Seller: Anenberg Asset Management
- Brokers: Kevin Fryman, Bill Asher & Jeff Lefko - Hanley Investment Group
Hanley Investment Group Real Estate Advisors represented the seller, Anenberg Asset Management, in the deal. Core Acquisitions undertook its own representation for the transaction.
Players
Green Bay Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.65%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93