September 14, 2021 – Luke Thomson of Horvath & Tremblay has successfully completed the sale of Spiros Industries in West Bend, Wisconsin. Horvath & Tremblay exclusively represented the buyer to complete the transaction at a sale price of $4,000,000.
Spiros Industries is located at 7666 Highway WW in West Bend, Wisconsin. The Property consists of a 45,000 square foot building comprised of 40,932 square feet of industrial space and 4,068 square feet of office space on a 5.729-acre parcel of land. Spiros Industries has a 15-year Triple Net lease. Spiros Industries is a high-volume manufacturer of precision springs and wire forms, providing prompt prototyping prior to production. Spiros Industries, Inc. has been located in West Bend for over 22 years. The Property is located 2.3-miles from US Highway/Interstate 41.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.