River East Center
1515 SE Water Ave, Portland, OR 97214
9,290 平方米
Jones Lang LaSalle Americas, Inc. (“JLL”) as exclusive advisor is pleased to exclusively offer for sale the fee-simple ownership interest in 200 S. Executive Dr. (the “Property”, "200 S. Executive"), located in the prestigious Brookfield submarket within Wisconsin's suburban office market. Designed by Mies van der Rohe and constructed in 1974, the Property features four stories of office space totaling 126,714 square feet. Situated on a 6.655-acre site, the Property boasts an attractive parking ratio of 4.22 spaces per 1,000 square feet to be utilized by tenants and visitors alike. The Property is an ideal candidate to be a headquarters location for an office user and divides well for multitenancy, as evidenced by an exceptional average occupancy rate of over 97% for more than 13 years since 2010. 200 S. Executive boasts an ideal location directly between U.S. Route 18 and Interstate 94, which provides incredible access to both downtown Milwaukee and General Mitchell airport. 200 S. Executive's location also provides immediate access to the Brookfield Square Mall, Brookfield Conference Center, The Corridor 66-acre mixed-use development, multiple country clubs, hotels, and numerous restaurants. The Property's premier building quality, ideal location in the Brookfield submarket and numerous area amenities create a preferred location for corporate users. The offering presents the exceptional opportunity to acquire a value-add premier headquarters office building in an irreparable suburban location. Additionally, the Property's development/redevelopment potential makes it an attractive covered land investment.
Headquarters Quality Asset
Value-Add Profile with a Development/Redevelopment Potential
Prestigious Brookfield Location
Convenient Access to the Best Area Amenities
Exceptional Leasing History
Substantial Discount to Replacement Costs