The buildings are at N17 W24222 and N19 W24133 Riverwood Dr. Theoccupancy rate at the buildings is 93%, says a spokesman forHolliday Fenoglio Fowler LP, which is representing Transwestern inthe deal. Riverwood One is 96,715 sf, and has tenants such as CiscoSystems, Hewlett Packard and Eli Lilly. Building Two is 99,536 sf,and has tenants such as Humana Health Care, Microsoft and WellsFargo.

Transwestern had acquired the buildings as part of its officeproperty takeover in 2004 of Great Lakes REIT, which had purchasedthe two-story office structures from the developer, Quadrangle, forabout $20 million a few years ago. Matt Haley, managing director atTranswestern, tells GlobeSt.com that it is time to sell theproperties. "We've completed our lease up and stabilized them intime for us to monetize the buildings," Haley says. "As avalue-added investor, we don't hold properties."

He says he could not say the lease rate for the buildings. Aspokeswoman for Triple Net, a subsidiary of NNN Realty Advisors,says she cannot comment until the sale is complete. Pewaukee is asuburb of Milwaukee.