February 04, 2022
MILWAUKEE – Transwestern Real Estate Services (TRS) announces the sale of 5600 Professional Center at 5600 W. Brown Deer Road in Brown Deer, Wisconsin. The property, which was 100% leased at the time of sale, was purchased for $1.9 million by Aspire BD 5600, LLC. Transwestern Executive Vice President Shaun Dempsey represented the seller in the transaction.
Prior to the disposition, Transwestern provided Agency Leasing services for 5600 Professional Center. Since assuming leasing responsibilities, the property went from 65% leased to 100%.
“This stretch of West Brown Deer Road has seen a resurgence in retail and office leasing over the past few years,” said Dempsey. “The timing of the sale was perfect given the new retail opportunities and very low office vacancy available in the area.”
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. Through an integrated, customized approach that begins with good ideas, the firm drives value for clients across commercial real estate services, development, and investment management. Operating from 33 U.S. offices, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural, and business expertise fuels creative solutions. Learn more at transwestern.com and @Transwestern.