**CBRE Facilitates Sale of Cast Iron Luxury Living in West Bend, Wisconsin**
CBRE has arranged the sale of Cast Iron Luxury Living, a 129-unit multifamily property in West Bend, Wisconsin. A partnership of local buyers acquired the property from Hendricks Commercial Properties for $21 million.
CBRE’s Matson Holbrook, Patrick Gallagher, Gretchen Richards, Sean Beuche, and Peter Langhoff represented the seller in the transaction. Originally renovated in 2015 and 2017, the property was transformed into a mixed-use apartment community featuring 45,748 square feet of ground-floor commercial space. It offers a variety of studio, one-, two-, and three-bedroom floor plans.
The site was formerly home to The West Bend Company, which had occupied the location since 1911. Current commercial tenants at Cast Iron Luxury Living include Kettle Moraine YMCA, West Bend Pediatrics-Children’s Wisconsin, and the West Bend Area Chamber of Commerce. The property also houses dining establishments such as Café Floriana and The Grün Hexe Kitchen & Catering.
“Hendricks did a phenomenal job creating Cast Iron Luxury Living as the bellwether of high-end multifamily units in West Bend that consistently maintains nearly 100% occupancy,” said Matson Holbrook of CBRE.
