Case Study: Project Management
Value-add building conversion
by PARADIGM Real Estate
705 Schoenhaar Drive
West Bend, Wisconsin
15,660 SF on 2.01 acres
Single-tenant industrial building purchased May 2023.
Demolished the whole interior on Day 1.
Every surface was painted or replaced, from floor to ceiling.
All new utilities & mechanicals, garage doors, demising walls, parking lot, and more.
(4) Four rentable units ranging from 2,700 SF – 5,000 SF.
Certificate of occupancy & 1st tenant moved-in December 2023.
Demolished the whole interior on Day 1.
Every surface was painted or replaced, from floor to ceiling.
All new utilities & mechanicals, garage doors, demising walls, parking lot, and more.
(4) Four rentable units ranging from 2,700 SF – 5,000 SF.
Certificate of occupancy & 1st tenant moved-in December 2023.
Another successful project by PARADIGM Real Estate
√ Purchased, renovated & stabilized a troubled asset in less than 12 months.
√ PARADIGM’s investors & tenants are satisfied with the project’s execution.
√ PARADIGM owns & manages 70,000 SF of industrial property in West Bend.