restaurant depot

May 5, 2016 Comments Off on Restaurant Depot Nabs Land for Milwaukee Center Views: 337 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.

Read More at Bayview Compass

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