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Luther Group acquires more industrial properties in New Berlin

Elm Grove-based Luther Group LLC is continuing its acquisition binge of industrial properties with more buildings and a development site in New Berlin. ....

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Luther Group buys New Berlin industrial building for $13.5 million


Luther Group buys New Berlin industrial building for $13.5 million
Firm has eyes set on industrial market
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1920 S. Calhoun Road. Credit: Google
Elm Grove-based Luther Group LLC has acquired another New Berlin industrial building. Its latest acquisition, at 1920 S. Calhoun Road, went for $13.5 million, according to state records. The buyer was Luther Group affiliate NBI…
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Elm Grove-based Luther Group LLC has acquired another New Berlin industrial building.
Its latest acquisition, at 1920 S. Calhoun Road, went for $13.5 million, according to state records.
The buyer was Luther Group affiliate NBI Partners LLC. The seller was JLML Family LLC, an affiliate of New Berlin-based James Luterbach Construction Co. ....

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Luther Group planning industrial development near I-41 on Milwaukee's far northwest side


Elm Grove-based
Luther Group LLC plans to develop a roughly 90,000-square-foot industrial building just east of I-41 on Milwaukee s far northwest side.The building would be constructed at 11601 W. Bradley Road, according to city records and an
online listing. It will be built on approximately 6 acres of vacant land just south of two existing industrial flex buildings that Luther Group owns.Jason Luther, president and manager of Luther Group, said his firm bought the property in 2018, and had always contemplated developing another building on the southern 6 acres.Luther Group is moving forward soon with those plans now that the other two buildings are fully leased, he said. We feel there s a market for this type of user in the city of Milwaukee, he said.Luther said he particularly likes the location because of its proximity to the I-41/Highway 45 corridor.The company has applied for a certified survey map, which would separate the 6-acre building site from the area where ....

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