restaurant depot

May 5, 2016 Comments Off on Restaurant Depot Nabs Land for Milwaukee Center Views: 503 California News, Midwest, National News, Wisconsin

Restaurant Depot Nabs Land for Milwaukee Center

Restaurant Depot paid $4.2 million to acquire seven acres on Becher Street in Milwaukee. Next month, the cash-and-carry wholesale restaurant supplier will demolish abandoned buildings on the site to make way for a new 70,000-square-foot operation center.

According to Jerry Daws with Republic Property, the acquisition required a “prolonged negotiation” to convince the former property owners to sell. Republic Property brokered the transaction.

The new project’s estimated price tag is $12 million-$14 million, and completion is anticipated for fall of next year. Restaurant Depot is currently leasing space at 5250 S. Sixth Street. The new building will be two and one-half times larger than the existing facility.

Restaurant Depot supplies fresh produce, groceries, dairy, bar, bakery, catering and cleaning supplies to restaurant owners, schools, churches, hospitals and nonprofits.

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