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Chicago & Midwest  + Midwest  + Retail  | 

Berengaria Hits 100% Occupancy at Milwaukee-Area Center

Berengaria, a portfolio company of Marcus Investments, signed both TJ Maxx and Five Below to 10-year leases at the Grafton Commons retail development in Grafton, WI. The two signings put the shopping center at 100% occupancy.

TJ Maxx and Five Below will occupy what was formerly Grafton Commons’ Best Buy store, along with a 2,500-square-foot addition, to occupy approximately 32,500 square feet in total.

“Not only will these retailers add increased traffic, but it is our feeling that they will attract additional shoppers to Grafton who may have shopped at other developments throughout the Milwaukee area,” said Jay Peirick, president of Berengaria. Additional tenants include Kohl’s, Michaels, PetSmart, Aldi and Dick’s Sporting Goods.

Marcus Investments plans to recapitalize Grafton Commons by year end.


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Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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