Large Development Land Transaction in New Berlin
34 Acres sold, facilitated by The Barry Company
Map courtesy of The Barry Company.
MILWAUKEE, August 23, 2024 – The Barry Company is pleased to announce that it has sold one of the last significantly large parcels of prime development land located within the Metropolitan Milwaukee market. The land of approximately 34 acres is located at the southeast intersection of Moorland Road and Greenfield Ave., just south of I – 94 at the entrance to the City of New Berlin. The land sold for a price of $11M. Selling the property faced many challenges over the years with wetland delineation issues, tree ordinances, access and right of way resolutions, zoning and comprehensive land use amendments, among many other issues that needed to be resolved while on the market. The property is slated for a new development known as the Conservancy which is being conducted by Wimmer Communities.
“We thank you for your interest in Wimmer Communities developments. Currently, we have no comment. We look forward to appearing before the City of New Berlin Review Board to present The Conservancy project. We will be sending out a press release with the exciting news about the development when we have more to share. Please contact Alyssa Dunning, Marketing Director for Wimmer Communities, at 414-529-3900 x 1170 with any questions.
For more information about this transaction or to explore commercial real estate opportunities in southeast Wisconsin, please contact The Barry Company at 414-271-1870.
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. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
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