An affiliate of New York-based DRA Advisors LLC, purchased the Pick ‘n Save anchored retail property at 1717 N. Mayfair Road in Wauwatosa for $19.9 million, according to state records.
The property was sold by an affiliate of Beachwood, Ohio-based DDR Corp., which acquired it last year for $20.3 million.
The 5.2-acre site on the west side of Mayfair Road consists of a 60,598-square-foot Pick ‘n Save store, a 3,015-square-foot building occupied by a Mattress Firm store, a 6,136-square-foot multi-tenant building.
