Capitol East Plaza

Commercial

Capitol East Plaza

14625, 14685, 14755 E. Capitol Dr – Brookfield, WI

← Back to Results

2014 Year Acquired

36,387 SF Building Size

Sold Status

General Capital acquired this 36,387 square foot (3) building property in June of 2014 with Warren Barnett as the anchor and long term tenant since 1998.

The center is on the busy thoroughfare of Capitol Drive in Brookfield. It had 8,185 rentable square feet of vacancy at acquisition, which creates the opportunity for new tenants to enjoy the superior visibility and accessibility this property offers.

KEY THEMES

• Strategic retail acquisition focused on maximizing long-term value through disciplined asset management and investment execution
• Prime Brookfield location provides exceptional visibility within one of southeastern Wisconsin's strongest commercial corridors
• Active ownership strategy emphasized operational performance, leasing stability, and value enhancement opportunities
• Diversified retail environment supports a strong commercial presence serving both local businesses and regional consumers
• Disciplined investment approach positioned the asset for a successful disposition following execution of the business plan

RESULTS

• Successfully acquired and managed a 36,387 SF retail property through a comprehensive value-add investment strategy
• Generated a 44.60% gross internal rate of return and a 3.36x gross equity multiple for investors
• Delivered a 27.80% net internal rate of return and a 2.30x net equity multiple upon disposition
• Completed a successful sale in 2018 following nearly four years of strategic ownership and asset management
• Further demonstrated General Capital's track record of creating value through disciplined commercial real estate investment

 

---

Related Commercial Projects