Retirement Realized at Rose Pointe Center

By Senior Assoicate, Mandy Witt 

Challenge: Preparing a Long-Held Investment for Sale

Coldwell Banker Commercial McGuire Mears & Associates’ relationship with Rose Pointe Center dates back to approximately 2010, when Senior Associate Mandy Witt began marketing available space in the property for lease.

Over the years, the owners carefully maintained the 9,650-square-foot, multi-tenant property at 4407 Milton Avenue in Janesville. Even after relocating to Florida, they remained actively involved in monitoring the building remotely and returning regularly to inspect the property and visit with tenants.

When the owners were ready to retire, they turned to Mandy to help transition the longtime investment to its next owner.

Action: Leveraging Long-Term Knowledge of the Property

Mandy’s extensive familiarity with Rose Pointe Center, its leasing history, and its tenants provided valuable continuity throughout the sale. The property was marketed based on its attractive appearance, stable tenant base, limited vacancy, NNN lease structure, and highly visible location along Janesville’s Milton Avenue corridor.

Managing Broker Adam Shultz represented the buyer, SRK Investments, LLC, an experienced local property owner. Working together, Mandy and Adam guided the parties through inspections, tenant estoppels, lease and operating-expense prorations, a tenant-improvement repayment agreement, and the other details involved in a multi-tenant investment sale.

Results: A Successful Transition for Both Parties

  • $1.05 Million Sale: Rose Pointe Center successfully closed on September 10, 2026.
  • More Than 15 Years of Property Knowledge: Mandy’s history with the property extended from leasing available suites to representing the owners in the final sale.
  • Retirement Realized: The sellers completed the transition of their longtime investment and can now fully enjoy their retirement.
  • Portfolio Growth: The buyer added another attractive, well-maintained property to its commercial real estate portfolio.
  • A New Business Location: Plans are underway for the buyer to establish a new office for its business at Rose Pointe Center.

The transaction represents a successful conclusion to the sellers’ many years of attentive ownership and an exciting new chapter for the property under an experienced local owner.