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Cobalt Partners, Joseph Property Development acquire portfolio of apartments and development site in $59 million deal
Milwaukee-based Cobalt Partners and Joseph Property Development have partnered on the purchase of a $59 million apartment portfolio from West Allis-based Supreme Builders.
The deal includes a 25.5-acre vacant parcel of land off I-894 in Greenfield where Cobalt and Joseph plan to develop a 250-unit apartment complex. The site is southwest of South 92nd Street and Coldspring Road, near the Hale Interchange.
