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Chicago & Midwest  + Midwest  + Office  |  June 19, 2023
Jasmine Kilman
By: Jasmine Kilman

Marcus & Millichap Sell 24K-SF Office Building in Wisconsin

Marcus & Millichap announced the sale of Warwick Business Court, a 24,500-square-foot office property located in Racine, Wisconsin, for $3,425,000 million.

Brett Rodgers, Frank Roti, and Alex Sacks, investment specialists in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.

The buyer, a private investor, was secured and also represented by Rodgers, Roti, and Sacks. Marcus & Millichap’s Vice President and Regional Manager of the Milwaukee and Minneapolis offices, Todd Lindblom, Wisconsin Broker of Record, assisted in closing this transaction.

Warwick Business Court is located at 1135-1151 Warwick Way, and at the time of sale, the property was 89 percent occupied, anchored by three credit-rated medical tenants. The property was originally constructed in 2000, and the location has undergone several renovations within the last few years.

Read More News Stories About: Marcus & Millichap
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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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