CORFAC News

BUYER:  CA Milwaukee 4200 WDA LLC (represented by Dickman Co.)SELLER:  Rawson Properties LLC (represented by Judson & Associates)ADDRESS: 4200 West Douglas Avenue, Milwaukee, WISIZE:  27,705 square feet on 3.67 acresBROKERS:  Brian Parrish, The Dickman Company, Inc./CORFAC International  Don Schmidt, Judson & AssociatesCA Milwaukee 4200 WDA LLC has purchased a 27,705 Sq. Ft. Industrial property located at 4200 West Douglas Ave., Milwaukee and will soon begin to redevelop the property as a school.  The property will be utilized as North Point Lighthouse Charter School which will open in August, 2012 with grades K-4. The school will add one grade each year until it reaches 12th grade.  LHA distinguishes itself as a charter management organization (CMO) using an arts-infused, K-12 college prep program funded solely on per pupil revenue to achieve its mission.Lighthouse Academies received consulting services Heather Heaviland, Director of Real Estate Services for IFF.  According to IFF, “By securing the 4200 Douglas property, Lighthouse Academies of Wisconsin is set to show Milwaukee that charter schools can and will overcome the physical barriers to growth.  Once headed toward blight, 4200 Douglas will soon be a beacon in a part of Milwaukee where thousands of children lack access to nearby performing schools.  IFF is proud to be working with Lighthouse in this effort.”