New Blueprint Partners Expands Midwest Presence with $8M Milwaukee Property Acquisition
Deal News | Apr 14, 2025 | EIN
New Blueprint Partners, a real estate investment firm, has successfully secured the acquisition of an industrial property located at 8100 North Teutonia Avenue in Brown Deer, Milwaukee County, Wisconsin, comprising 203,000 square feet. The facility, which rests on a 14-acre parcel, has been purchased from Hansen Storage, marking a strategic expansion for New Blueprint in the Midwest. This move aligns with New Blueprint's strategy to invest in well-positioned assets with robust tenant profiles and growth potential. Current major tenants include Engine & Transmission Exchange (ETE) and Rockwell Automation, companies engaged in automotive remanufacturing and industrial automation solutions respectively. The transaction, valued at $8 million, signifies the company's commitment to acquiring properties that provide strong cash flow and long-term appreciation. New Blueprint aims to collaborate with the Village of Brown Deer on adjacent redevelopment initiatives, further solidifying its role in community-centric growth and value creation.
Sectors
- Real Estate Investment
- Industrial Facilities
- Automotive and Automation Technology
Geography
- United States – The acquisition occurred in Milwaukee County, Wisconsin, part of the United States.
- Wisconsin – The property acquired is located in Brown Deer, Milwaukee County, specifically within Wisconsin.
Industry
- Real Estate Investment – The article is focused on New Blueprint Partners, a real estate investment firm acquiring and managing industrial properties.
- Industrial Facilities – The acquisition involves a large industrial facility in Milwaukee County, indicating the sector's significance.
- Automotive and Automation Technology – The tenants of the acquired property, ETE and Rockwell Automation, are key players in automotive remanufacturing and industrial automation respectively.
Financials
- $8 Million – The purchase price for the acquisition of the Milwaukee County industrial property.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| New Blueprint Partners | Acquiring Company | Company | A real estate investment and development firm focused on industrial and mixed-use properties. |
| Hansen Storage | Selling Company | Company | The long-time owner of the warehouse and industrial facility in Milwaukee County. |
| Engine & Transmission Exchange (ETE) | Tenant | Company | A private equity-backed industry leader in aftermarket vehicle transmission remanufacturing. |
| Rockwell Automation, Inc. | Tenant | Company | A publicly traded global provider of industrial automation and digital transformation solutions. |
| Ron Schinik | Contact Person | Person | Contact person for New Blueprint Partners. |