735 North Water Street

Milwaukee, Wisconsin

292,000 SQUARE FEET

16 STORIES

  • ASSET CLASS: Class A Office
  • IRR: 32.2%
  • TOTAL EQUITY: $3,899,600

American Landmark Properties purchased 735 North Water Street in 1988 for $9,850,000. The 292,000-square-foot office, retail and parking complex was the second-largest private office building in Wisconsin. American Landmark Properties was responsible for the acquisition, syndication, planning/design, comprehensive rehabilitation, financing and marketing of the property and increased the building’s occupancy from 57% to 97%.  The project was refinanced twice and subsequently sold for $20,750,000 in 2001.

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