Doheny's sells building, leases space

 
Updated 1/22/2019 2:02 PM
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  • Commercial real estate firm CBRE recently represented Doheny's in a sale and lease-back transaction at 10411 80th Ave. in Pleasant Prairie, Wis.

    Commercial real estate firm CBRE recently represented Doheny's in a sale and lease-back transaction at 10411 80th Ave. in Pleasant Prairie, Wis.

PLEASANT PRAIRIE, Wis, -- Commercial real estate firm CBRE recently represented Doheny's in a sale and lease-back transaction at 10411 80th Ave. in Pleasant Prairie, Wis.

Doheny's sold the 195,415-square-foot property to Boston-based STAG Industrial Holdings, LLC for approximately $16 million and entered in to a long-term lease with new ownership. STAG is considering a 95,000 square foot expansion to the property this summer. Stag and CBRE will market the additional space for lease.

Doheny's, family owned since 1967, is a swimming pool supply company with eight distribution centers nationwide.

Sam Badger, SIOR, Whit Heitman, Brad Weiner and Jared Paff of CBRE represented Doheny's in the transaction.

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