Marcus & Millichap brokers sale of Southtown Shopping Center retail portfolio in West Allis, Wisconsin

By Public Technologies
  • Marcus & Millichap brokered the sale of the Southtown Shopping Center retail portfolio in West Allis, Wisconsin.
  • Deal covers three properties totaling 15 suites, including a Panera Bread outlot and a Krispy Kreme ground lease.
  • Portfolio includes a 101,567-sq.-ft. shopping center at 2900 S. 108th St.
  • Occupancy stood at 98% at closing, with a 15.88-year weighted tenant tenure.
  • Buyer was an East Coast-based 1031-exchange investor; the seller partnership held the assets for more than 25 years.


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