Dizard Successfully Concludes Another Receivership: Wisconsin Avenue Office Building Sold to Lender after Court Auction

Through a court-ordered auction, a downtown Milwaukee office building that houses the Internal Revenue Service was sold to a lender this month. The previous owners were the target of a lawsuit filed in 2013 that resulted in an auction where the building was purchased for $14 million. The IRS leases approximately 80 percent of the building, and it is located near The Shops of Grand Avenue. An article about the transaction recently ran in the Milwaukee Business Journal.

Attorney Seth Dizard was the receiver of this building leading up to the auction that attracted interest from national investors.

Read full article here.