Colliers
Press Release

Colliers Wisconsin Announces Sale of Ascension Columbia St. Mary’s Medical Office in Grafton, WI

 

By - Nov 21st, 2024 02:49 pm

Colliers | Wisconsin is pleased to announce the sale of Ascension Columbia St. Mary’s medical office building, located at 2061 Cheyenne Court in Grafton, Wisconsin. This premier 14,459-square-foot facility, situated on 2.54 acres in Ozaukee County, was sold to Montecito Medical in a transaction led by Colliers Senior Vice President, Adam Connor and Heather Dorfler, Senior Advisor, who represented the seller, Weas Development.

This single-tenant net lease property, fully occupied by Ascension Columbia St. Mary’s, is a cornerstone of medical services in the North Ozaukee office submarket, boasting a strategic location along Washington Street with 17,500 vehicles passing daily and convenient access to I-43. Built in 2010, the facility features high-quality construction and long-term lease, offering the new owner secure investment potential.

“We are thrilled to have facilitated this transaction, connecting Montecito Medical with an asset that not only aligns with their investment goals but also supports their mission of advancing healthcare infrastructure,” said Adam Connor.

This transaction underscores the strength of the medical office market in the Grafton area and Colliers Wisconsin’s commitment to delivering exceptional results for our clients.

NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.

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