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Menomonee Falls agrees to sell building at lower price

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By of the Journal Sentinel Nov. 16, 2015 7:00 a.m. The Menomonee Falls Village Board has agreed to sell a building at a lower price after the buyer raised concerns about its condition. The board, at a Thursday night meeting, voted to approve the amended sale agreement, said Mark Fitzgerald, village manager. In August, the board approved the sale of the 530,000-square-foot building, at N54-W13901 Woodale Drive, to an affiliate of C.H. Coakley & Co. for $7.5 million. But the board agreed to reduce the price by $335,000 after the buyer, CMK Inc., raised concerns about the "physical condition of the property," according to the amended purchase agreement. Those concerns were...

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