Building occupied by Kissinger’s Meats. The site for years as been 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 Bucks arena has given 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.
ROW Excavation Utility.
- 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
- Hammes buys lot near Park East development site - Jul 3rd, 2015 - Milwaukee Journal Sentinel - Tom Daykin