July 1, 2015 Sara Investment Real Estate, LLC, a full-service commercial real estate investment and brokerage company, has closed on the purchase of the Fair Park Business Center, an office building directly across from State Fair Park in West Allis, WI.
The building, located at 620 S. 76th St., is designated for multi-tenant use. Formerly the Service and Training Center for WE Energies, the 132,401-square-foot space now houses companies with focuses ranging from education to health management.
“The Fair Park Business Center is a great addition to our Milwaukee-area holdings,” said Traci Dalsin, President of Sara Investment Real Estate, headquartered in Madison, WI. “Located minutes from I-94, the building provides a fantastic location for a quality mix of tenants, making it a strong investment opportunity.”
The Fair Park acquisition enhances Sara Investment Real Estate’s continuing growth in the Milwaukee market and throughout the Midwest. The firm’s most recent Milwaukee-area developments include Gearbox Express in February and the Tannery in Milwaukee in October 2014.
“We will continue to seek opportunities in Wisconsin and throughout the Midwest that match our investors’ real estate investment goals,” said Ben Adank, Vice President of Development for Sara Investment Real Estate.
About Sara Investment Real Estate, LLC:
With offices in Madison, Minneapolis and St. Louis, Sara Investment Real Estate, LLC develops, leases, finances and manages high quality properties throughout the upper and lower Midwest. Sara builds successful partnerships with investors, tenants, financial partners, other developers and employees to complete and manage quality projects. The firm provides commercial real estate wealth management solutions to select investors through a network of wealth management partners. Sara Investment Real Estate, founded in 1997, owns and operates more than 2.25 million square feet valued at more than $200 million.
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