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Green Bay Packers buy property south of Lambeau Field for $800,000
ASHWAUBENON – The Inexperienced Bay Packers purchased 2055 Barberry Lane, south of Lambeau Subject, for $800,000.
The Packers already owned parcels on three sides of the lot, which had a residential house on one-quarter of an acre. All of the heaps have been cleared, together with the one simply bought.
To this point this calendar yr, the Packers spent almost $13.7 million on eight parcels — 5 industrial and three residential. All are south or east of Lambeau Subject. Two of the industrial companies have moved or are planning to maneuver to new websites.
The property was acquired by Henry Actual Property Growth on Sept. 6 for $800,000. Henry Actual Property Growth is owned by Ed Martin, previously a member of the Packers board of administrators. The Packers bought the property for a similar value on Oct. 30.
All instructed, the Packers spent greater than $81 million shopping for land round Lambeau Subject, most of it during the last 17 years. The staff owns greater than 92 acres, most of it in Ashwaubenon and half of it as a part of the Titletown district.
The Packers haven’t mentioned what they are going to do with the land. Staff representatives say proudly owning the land provides them flexibility for the long run. Additionally, among the heaps may very well be used for operations in the course of the 2025 NFL draft, scheduled for April 24-26 in Inexperienced Bay.
Different purchases this yr embody:
- 841 Mike McCarthy Manner, Ashwaubenon, on June 20, for $1.2 million. Team2Racing is the industrial constructing tenant.
- 835 Mike McCarthy Manner, Ashwaubenon, on Oct. 21, for $4.5 million. The property is house to Inexperienced Bay Distillery, which has a long-term lease.
- 842 Mike McCarthy Manner, Ashwaubenon, on Sept. 26, for $1.16 million. The property is house to Cleaning soap Merchandise Inc., which is able to transfer to a brand new web site on the finish of the yr.
- 728 Lombardi Ave., Inexperienced Bay, on April 10 for $2.35 million. The property was the former house of Packer Fastener. It now could be used as warehousing for Packers retail operations.
- 2031 S. Oneida St., Ashwaubenon, on April 16 for $2.5 million. The property is a BP fuel station and can proceed to function as a fuel station for the foreseeable future.
- 935 Stadium Drive, Ashwaubenon, on Jan. 30 for $600,000. Home was razed and land is used for parking.
- 927 Stadium Drive Ashwaubenon, on Could 22 for $600,000. Home was razed and land is used for parking.
Contact Richard Ryman at [email protected]. Comply with him on Twitter at @RichRymanPG, on Instagram at @rrymanPG or on Fb at www.fb.com/RichardRymanPG/.
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