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New Berlin Industrial Park
Milwaukee, WI, USA
We finished out 2020 when we purchased a 115,000 SF small bay industrial park located in Milwaukee, WI. The property was acquired at 93% occupancy with many long-term tenants in a submarket that has a low 2% vacancy rate. We have since forced appreciation on the property by bringing the tenants to market rate rents and have refinanced the property. This investment has been a great addition to our portfolio.
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