December 21, 2024 9:56 am
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Arizona group buys South Milwaukee building for $7.6 million

By Tom Daykin | Journal Sentinel

An affiliate of Phoenix, Ariz.-based Cole Real Estate Investments Inc. has purchased a South Milwaukee supermarket building for $7.6 million, according to documents filed with the Milwaukee County Register of Deeds.

The building at 2901 S. Chicago Ave. is part of Grant Park Plaza, and is used by Pick ‘n Save. It was sold by a group led by Oshkosh real estate investor J. Peter Jungbacker.

Cole and New York-based American Realty Capital Properties Inc. announced in October their plans to merge, creating one of the world’s largest real estate investment trusts.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.