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Newmark Markets Two-Building Milwaukee Office Portfolio
Newmark is marketing the sale of two fully renovated Class A office buildings totaling 287,000 square feet in suburban Milwaukee. The adjacent buildings, One Park Plaza and Liberty One, can be sold individually or as a portfolio.
Executive managing director Jim Postweiler has been retained as exclusive sales agent. Senior managing directors Peter Harwood and Derek Fohl and associate director Jack Trager are providing transaction support.
“One Park Plaza and Liberty One offer convenient access and exceptional visibility in the most desirable office destination in suburban Milwaukee,” said Postweiler. “Having achieved more than 100,000 square feet of leasing since 2020, this portfolio offers robust cash flow and the ability to add value with the lease-up of remaining vacancies.”
One Park Plaza is a 12-story, 199,326-square-foot, Class A office building, 82% leased to 15 tenants. Liberty One is a three-story, 88,016-square-foot, Class A office building, 38% leased to five tenants.
- ◦Sale/Acquisition