The former New Berlin headquarters of GS Global Resources has been sold to Beloit-based Hendricks Commercial Properties, LLC for $3.85 million, according to state records.
GS Global Resources announced plans in January to move its headquarters from the 61,000-square-foot facility at 5050 S. Towne Drive to Mukwonago, relocating 90 jobs. The company, which makes products for electro-hydraulic system integration, said an increase in business necessitated the move.
GS Global Resources is still in the process of completing the move with production workers set to be out by the end of the month and the full move completed by March 31.
The New Berlin facility has an assessed value of $3,455,100, according to Waukesha County tax records. The deal was recorded Feb. 19.
A call and email to Hendricks regarding future plans for the site were not immediately returned.
