Klein Development Acquires Building on Capitol Square
MADISON, WI (May 4, 2022) – Milwaukee-based developer Klein Development in, partnership with Hintz Holdings, announced their recent acquisition of a high-profile building on Madison’s Capitol Square. The property is located at 14 W Mifflin St; neighboring businesses include engineering consultant HNTB Corporation, Wisconsin Veterans Museum, and Coopers Tavern, among other local favorites and national organizations.
The three-story building was originally constructed in 1924 as a Baron’s Department Store and is currently occupied by Rare Steakhouse on the ground floor. The building’s second and third floors boast approximately 20,000 square feet of vacant, Class A commercial space to be leased and unbeatable views of the Capitol. Located within walking distance of Capitol Square’s countless amenities, restaurants, and other popular destinations, the building welcomes tenants, specifically those in the retail business, the service industry, the beauty industry, or an office user in pursuit of the highly desirable and valuable opportunity of displaying signage on Capitol Square.
“We’re excited to add this iconic building in Madison to our portfolio,” said Michael Klein, President of Klein Development, of the acquisition. “Capitol Square is the pinnacle of Madison’s real estate, and we’re excited to see what other businesses we can introduce to such a vibrant neighborhood with new and valuable tenants.”
Building ownership is a partnership between Klein Development and Hintz Holdings; Eppstein Uhen Architects is the leading architect and Chase Brieman of CBRE is the office leasing broker.
About Klein Development
Klein Development is the result of decades of hard work, collaboration, and family legacy. Founded by Dennis Klein in 1981, Klein Development has become one of the largest privately held development companies in Wisconsin. Under the leadership of Michael Klein, Klein Development proudly holds the title as one of the most active developers in Milwaukee today. Klein Development is focused on moving forward, seizing rewarding opportunities, and always providing value to our partners and communities. We specialize in thoughtful renovations, new construction, project financing, intelligent progress, and solid investments. We take pride in balancing our projects and developments with community needs, character, and voice, always operating with respect, integrity, and an eye for the larger picture.
About Hintz Holdings
Hintz Holdings was founded in 2017 by Alexander Hintz in order to develop and acquire real estate in Wisconsin. Current assets under management include four retail condo units in Milwaukee’s Third Ward, a golf course in Racine County, and land along the I-94 corridor, which Hintz Holdings is actively working to develop. Alexander represents the third generation of his family’s contracting company, Ray Hintz, Inc., which was founded in 1974 and specializes in construction, grading, and excavating.
Please visit https://cbre.box.com/s/oiq53wc1pzcic1jwbz6d3057hs76vi9v with any leasing inquiries.