chi-FosterErik (5) Erik Foster of Avison Young says secondary markets like Milwaukee offer higher yields, and have begun to attract institutional investors.

CHICAGO, MILWAUKEE—A seven-building industrial portfolio in the Milwaukee region, totaling 228,561 square feet, has just hit the market, presenting another chance for investors looking for the higher yields available from properties outside the primary metro areas. S.R. Sales, a leading independent supplier of original replacement parts for industrial, agricultural, automotive and other industries, leases the entire portfolio.

Avison Young principals Erik Foster and Mike Wilson, who are both based in the firm’s Chicago office and members of the company’s national industrial capital markets group, are representing the ownership, AIC Ventures, a real estate investment firm based in Austin, TX.

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