St. John Properties Acquires Two-Story 35,000 Square Foot Office Building in Mequon, Wisconsin
Located at 10375 N Baldev Court, approximately 14 miles North of Milwaukee
MEQUON, WI (May 24, 2022) – St. John Properties, Inc., a full-service commercial real estate development and management company which has operated a regional office in Wisconsin since 1987, has acquired 10375 N Baldev Court, a two-story building containing 35,654 square feet of commercial office space in Mequon. The building, located near the intersection of W Donges Bay Road and N Baehr Road, was purchased at auction with no sales price revealed. St. John Properties has developed more than 1.7 million square feet of commercial real estate in the Madison and Milwaukee areas of Wisconsin, including nearly 200,000 square feet in Mequon.
Delivered in 2005, 10375 N Baldev Court was designed with an all-brick exterior and two-story atrium, and is surrounded by a generous surface parking lot. Featuring immediate access to Interstates 41 and 43, the building is located approximately 14 miles from Milwaukee, and is within close proximity to numerous restaurants, retail stores and hotels. Additional nearby amenities include Walmart, Foxton Brewing, Ozaukee Country Club, North Shore Country Club and Milwaukee Country Club. Milwaukee Mitchell International Airport is approximately 20 miles from the site, and monument and pylon signage for the building are located along Donges Bay Road.
“This well-maintained building is a perfect addition to our portfolio within the state and the Mequon area,” explained Greg Fax, Regional Partner for St. John Properties in Wisconsin. “Our team is very excited to start the leasing process and intends to implement our superb asset and property management practices to maximize the building’s potential and grow long-term value.”
Representative projects developed by St. John Properties in Wisconsin include Mt. Pleasant Commerce, a more than 200,000 square foot mixed-use business community in Mt. Pleasant; Hoepker Corporate Center, a nearly 140,000 square business community in Madison; and Waunakee Business Center, a nearly 160,000 square foot mixed-use business community in Waunakee. The company owns and manages 15 projects in Wisconsin currently and has constructed over 80,000 square feet of space this year.
Founded in 1971, St. John Properties, Inc. is one of the nation’s largest and most successful privately held commercial real estate firms. The company is distinguished by its commitment to customer service, achievements in green building, and top-rated workplace culture. Throughout St. John Properties’ 51-year history, the company has developed more than 22 million square feet of flex/R&D, office, retail, warehouse space and has investments in over 2,600 apartments. The company proudly serves more than 2,500 clients in Colorado, Louisiana, Maryland, Nevada, Pennsylvania, Texas, Virginia, Utah, and Wisconsin. For more information about the company, visit www.sjpi.com.