Home Industries Real Estate REIT sells pair of Milwaukee-area Froedtert clinics for $19.8 million

REIT sells pair of Milwaukee-area Froedtert clinics for $19.8 million

By
Andrew Weiland
-
Springdale Health Center cropped

An affiliate of New York-based real estate investment trust Broadstone Net Lease Inc. has sold a pair of Froedtert & the Medical College of Wisconsin clinic buildings in the Milwaukee area to Chicago-based health care real estate company Remedy Medical Properties Inc. for $19.8 million, according to state records. The Springdale Health Center, located at

Already a subscriber? Log in

To continue reading this article ...

Subscribe to BizTimes today and get immediate access to our Insider-only content and much more.

Learn More and Subscribe Now
  • Critical Milwaukee and Southeastern Wisconsin business news and analysis updated daily.
  • 16 issues per year delivered in print or digitally
  • Unlimited access to all insider only content on our website, on any device.
  • Free email alerts.
  • Extra bonus issues (STUFF and Giving Guide)
  • Discounted in-person event registration

Click here to purchase a sharable paywall bypass link for this subscriber-only article.

Andrew Weiland
Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years. A University of Wisconsin-Madison graduate, he is a lifelong resident of the state. He lives in Muskego with his wife, Seng, their son, Zach, and their dog, Hokey. He is an avid sports fan, a member of the Muskego Athletic Association board of directors and commissioner of the MAA's high school rec baseball league.
Linkedin Mail Twitter

RELATED ARTICLES

Copyright ©2025 BizTimes Media, LLC. All Rights Reserved.
An affiliate of New York-based real estate investment trust Broadstone Net Lease Inc. has sold a pair of Froedtert & the Medical College of Wisconsin clinic buildings in the Milwaukee area to Chicago-based health care real estate company Remedy Medical Properties Inc. for $19.8 million, according to state records. The Springdale Health Center, located at 21700 Intech Drive, Brookfield, was sold for $10.6 million and the Greenfield Highlands Health Center at 4455 S. 108th St., Greenfield, was sold for $9.2 million. Both buildings are about 20,000 square feet in size and are occupied by Froedtert & the Medical College of Wisconsin. They were both sold by Wauwatosa-based Irgens to Broadstone in 2013 as part of a portfolio sale. The Springdale Health Center has an assessed value of $9.1 million, according to Waukesha County records and the Greenfield Highlands Health Center has an assessed value of $7.4 million, according to Milwaukee County records.

Holiday flash sale!

Limited time offer. New subscribers only.

Subscribe to BizTimes Milwaukee and save 40%

Holiday flash sale! Subscribe to BizTimes and save 40%!

Limited time offer. New subscribers only.

Exit mobile version