Bridge33 Capital has purchased the Downer Avenue Retail Collection, two buildings that house 60,986 square feet of retail, office and residences in the heart of downtown Milwaukee. A sales price was not disclosed.
The seller was C-III Asset Management.
Situated on 1.48 acres at 2551 and 2650 N. Downer Ave., the two buildings are on both the west (2551) and east (2650) sides of Downer Avenue in a walkable, amenity-rich area of downtown Milwaukee. The buildings are within walking distance to Milwaukee’s new streetcar, The Hop, along with several MCTS bus stops, and the buildings have immediate access to two major Interstates, Interstates 94 and 794. Completed in 1916, Downer East is home to a variety of service and internet-resistant tenants, including Stone Creek Coffee, F45, Breadsmith, Downer Cleaners, Café Hollander, Downer Wine and Spirits, and Robert Laurence Salon and Spa. Downer West was completed in 1912 and contains two multi-housing units in addition to it
