Affiliates of Milwaukee-based commercial real estate development and investment firm F Street have purchased a pair of buildings in Milwaukee’s Harbor View neighborhood from an affiliate of Milwaukee-based online fashion retailer Wantable for $7.4 million, according to state records.
The deal includes the two-story, building at 123 E. Walker St., which is occupied by the Wantable corporate office (located within the building but with an address of 909 S. Barclay St.), and was the site of the former Wantable Café, which closed at the end of last year and is expected to reopen this spring under a new name and operator. The 108-year-old building has an assessed value of $2.9 million according to city records.
The deal also includes the one-story, 80-year-old former Schulte Poultry building at 916-918 S. First St. An affiliate of Wantable bought the building last year for $825,000. The company planned to renovate it and move its standalone creative unit Wantable Digital to the building.
The two buildings have a total of 33,100 square feet of space and are fully leased to Wantable on a “newly executed 10-year” lease, according to F Street’s website.
The former Schulte Poultry building, located at 916-918 S. First St., Milwaukee. Image courtesy of Google Maps.
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View all postsElizabeth Morin is a writer based in Virginia Beach. She is passionate about local sports, politics and everything in between.
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