CBRE Arranges Sale and Acquisition Financing for 89,405-SF Industrial Property in Waukesha, Wisconsin

Milwaukee – Oct. 3, 2025 – CBRE has arranged the sale and acquisition financing for Ridgeview Industrial Center IV, an 89,405-square-foot, Class B industrial property in Waukesha. Capital Partners purchased the property from Mohr Capital for $10 million.

CBRE’s Bentley Smith, Joe Horrigan, Ryan Bain, Zach Graham, Judd Welliver, Mike Caprile represented the seller in the transaction. CBRE’s Billy Mork, Mike Vannelli and Joel Torborg of CBRE Capital Markets’ Debt and Structured Finance team in Minneapolis secured the five-year, fixed-rate, full-term interest-only loan on behalf of the buyer.

“Ridgeview Industrial Center IV received strong interest from investors given its prime location in Milwaukee,” said Smith. “The property offers strong in-place cash flow with a 7.9-year weighted average lease term and robust recent leasing momentum.”

Ridgeview Industrial Center IV is located at W233N2095 Ridgeview Parkway, near the Interstate 94 and Redford Boulevard intersection and minutes from Waukesha County Airport. Built in 2001 and renovated in 2021 and 2023, the building features 22-foot clear heights, one drive-in door, 14 dock doors, and a 316-stall parking lot.

The property was 100% occupied at the time of the sale.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.

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.