505 W. Juneau Ave.

Now demolished building on the site was long occupied by Kissinger’s Meats. The site for years was the only building in the immediate area with parking lots or empty lots bordering it on every side. This unique location, in the footprint of the proposed new arena (now Fiserv Forum) gave the owners substantial leverage in selling their land.

Walter and Franceen Heimerl were able to sell the building for $2.5 million to Deer District LLC, the Milwaukee Bucks development group, despite it being assessed for only $217,000. The sale happened on July 1st, 2015.

Content referencing 505 W. Juneau Ave.

Citation

Bucks owners were motivated buyers, paying $3.3 million for downtown sites valued at $516,000

Jul 7th, 2015 - The Milwaukee Business Journal - Sean Ryan

Plats and Parcels

Is Bucks Arena a Done Deal?

The way the team's owners are buying up downtown land, they're clearly certain the deal will pass.

Jul 6th, 2015 by Dave Reid

Citation

Hammes buys lot near Park East development site

Jul 3rd, 2015 - Milwaukee Journal Sentinel - Tom Daykin

Building data on this page, including assessment information, was last updated on January 1, 1970

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