Borgman Capital is pleased to announce the acquisition of 7711 N. 81st St. in Milwaukee, Wisconsin. The 170,000 square foot industrial warehouse building is fully leased to Central Garden & Pet Company (NYSE: CENT).

Founded in 1965, Durex is a Wisconsin based manufacturer of premium wire and polymer screen media, urethane liners and accessories that are sold into the aggregate, recycling, and mining industries.

The three stabilized, single tenant assets are fully occupied and leased to Aerial Work Platforms (AWP). The acquisition of this industrial portfolio is Borgman Capital’s first real estate investment acquisition, marking the launch of its Real Estate Practice.

Borgman Capital welcomes Southeastern Meats to its portfolio. Founded in 1984 and headquartered in Alabama, Southeastern Meats specializes in producing and distributing frozen food to supermarkets and independent grocery stores in the south and southeast.

Pat Barney built AWP through exceeding his customers’ expectations and creating a great place to work. We’re very excited to be a part of the future of AWP and continue Pat’s great work.

Borgman Capital announced that Matt Kiefer will be joining the firm as an Operating Partner. Matt will lead real estate initiatives for the firm.