Octave Holdings & Investments Purchases West Allis Towne Centre From Kimco Realty For $30.7M

A retail asset located at 6702 West Greenfield Avenue, in West Allis, WI, has been sold for $30,700,000. The property encompasses a total of 325,309 square feet, resulting in a price per square foot of $94.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $30,700,000
• Buyer: Octave Holdings & Investments
• Seller: Kimco Realty
• Market: West Allis, WI
• Square Footage: 325,309
• Price Per Square Foot: $94
• Loan Amount: $20,700,000
• Lender: KeyBank

Octave Holdings’ acquisition marks its entry into the Wisconsin market and this purchase was executed through Octave Realty Fund X LLC.