Waukesha Foundry building, 1300 Lincoln Ave., has been
sold to an Arizona-based real estate investment group.
Charles Auer/Freeman Staff
- The Waukesha Foundry building has been sold according to the
Ken Kurek said the building, 1300 Lincoln Ave. in Waukesha, had
been sold to the Glendale, Ariz.-based real estate investment
group STORE Capital. The building was purchased by United Stars
Holdings Inc. —
a Beloit metal company —last September.
“The business is healthy and we are doing well and we plan to
be here for a long time,” Kurek said.
The building is approximately 230,000-square-feet and employs
140 workers, Kurek said. While the building is in new hands,
Kurek said it will still be “business as
usual” at the foundry — there won’t be any operational
changes, and the business will stay in the same markets.
“In terms of the day-today operating of the business,” he
said, “nobody here is going to notice any difference in what