Downtown Milwaukee Multifamily Building Sold

MILWAUKEE, May 9, 2024 – The Barry Company, a leading southeast Wisconsin commercial real estate company headquartered in downtown Milwaukee, announced today that Eastside Commons, LLC has sold its 13,736 square feet multifamily/commercial property located at 712 E. Knapp Street, Milwaukee, to Fountainhead Contractors, LLC.

Kyle Eckerman of the Barry Company represented the seller in this transaction. He highlighted how swift the transaction was due to the robust interest from multiple prospects. Eckerman stated, “It was a very desirable property for multiple reasons: primarily its lower east-side location and the building’s outstanding opportunity for apartment redevelopment”.

This sale underscores the heightened competitiveness of Milwaukee’s multifamily real estate market. The city’s ongoing expansion of its residential sector, including the conversion of vacant properties into residential units, reflects Milwaukee’s status as one of the most fiercely contested markets for multifamily buildings nationwide.

About The Barry Company
The Barry Company, an over 100-year-old independently owned and operated commercial real estate company provides award-winning services throughout southeast Wisconsin and beyond. The Barry Company has won over 20 awards from the Commercial Association of Realtors-Wisconsin, including two Realtor® of the Year awards. The company has also received multiple Best Deal/Lease of the Year awards from The Business Journal and has been awarded the Broker of the Year honor by Riverworks Development Corporation.

NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. It has not been verified for its accuracy or completeness.