Founders 3
Press Release

Rafferty Asset Management Renews Lease in the Third Ward

Founders 3 Real Estate Services Recent Transactions

By - May 28th, 2019 02:43 pm

Office

BL- Branch Group One LLC has sold 411 N. Bridge Street in Chippewa Falls, WI to the adjoining property owner, Central Lutheran Church.  The BMO Harris Bank branch on the first floor of the building is committed to a long-term lease and will continue to operate there. Bob Flood represented the Seller.

Konecranes, Inc. leased 7,749 SF at 400 S. Executive Drive in Brookfield, WI. Steve Pape and Derek Yentz represented the Tenant, and Ned Purtell, Patti Stevens & John Davis represented the Landlord, Decade Properties, respectively.

Tom Treder and Jenna Maguire represented Rafferty Asset Management in the renewal of their office space at 241 N. Broadway in Milwaukee from BC PROPCO, LLC.

Retail

Teutonia Real Estate, Inc. and Self Storage Holding LLC, respectively, purchased the two retail parcels totaling 40,090 SF located at 6001, 6003-6045 North Teutonia Avenue in Milwaukee, WI for $1,950,000. Andy Hess represented the Seller, North Bay Fuel and Bay Development Co. LLC on this transaction.

Tom Treder and Jay Blom represented Shecterle Commercial Properties 5, LLC in leasing 5,840 SF to X-Golf at 12565 Feerick St., in Brookfield, WI.

Matthew Beadle and Jay Blom represented TRL Rapids, LLC (Randy Roth) in leasing 962 SF to Natural Healing at Century 21 Plaza (830 Huntington Ave.), in Wisconsin Rapids, WI.

About Founders 3: Known as Founders 3, the commercial real estate firm combines the resources of Commercial Property Associates, Inc., RFP Commercial, Inc., and Siegel-Gallagher Management Co. All three companies have deep local roots with a wealth of experience in the key areas of retail, office, industrial, and investment sales brokerage, along with property management.  The firm launched in June 2017 and is comprised of 12 principals and over 230 Milwaukee area employees.  For more information, visit www.founders3.com.

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