Developer sells Rexnord’s downtown Milwaukee office for $72M

By Rich Kirchen  –  Senior Reporter, Milwaukee Business Journal

A company affiliated with Klein Development of Wauwatosa sold Rexnord Corp.’s downtown Milwaukee process-and-motion-control products headquarters for $72.2 million ahead of Rexnord spinning off the business to Regal Beloit Corp.

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.