KW COMMERCIAL - AMK PROPERTIES - ARRANGES THE SALE OF
VILLAGE PARK AT PLOVER:
A 44,911 RSF RETAIL CENTER IN PLOVER, WI
Plover, WI, May 28, 2019 – KW Commercial, a leading commercial real estate investment services firm with offices throughout the United States, today announced the sale of Village Park at Plover, a 44,911 RSF multi-tenant retail center located in Plover, Wisconsin, which is approximately five (5) miles south of Stevens Point, Wisconsin. The tenant roster features a wide assortment of retail, restaurants, and general office tenants.
Matthew Klein, CCIM (AMK Properties), investment specialist in KW Commercial’s Eagan office, represented the buyer, Amsden LLC in this 1031 replacement transaction which sold for $3,563,550. The Seller was represented by Jeff Rowlett with Marcus & Millichap.
Mr. Klein stated, “We are pleased to have added this quality asset to our real estate portfolio. Village Park at Plover is a proven retail asset with a diverse tenant mix and stabilized rent roll.”
Village Park at Plover is located at 3012 Village Park Drive in Plover. This established neighborhood retail center, situated on 6.54 acres, offers a strong tenant mix as well as excellent visibility along Hwy 51 which runs through Plover.