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Explore Our Partial Sale-Leaseback Success Stories
See how we’ve helped banks boost local deposits, reduce operating costs, and unlock value through strategic branch downsizing. These real-world examples highlight how our financial-first approach delivers results for both banks and investors.
The Stats Pre-purchase
11,021 square feet
100% occupied by Bank of Montreal (BMO)
$134 million in deposits
100% occupied by Bank of Montreal (BMO)
$134 million in deposits
2018
Brookline Asset Management. acquired the Hartland BMO branch and right-sized it to 47.36% of the leasable space, re-signing a 15-year lease.
2019
We retrofitted the former bank branch to transform it into a vibrant, multi-tenancy office building, including creating several small office suites and revamping the leasable and common area to ensure a high-end finish.
2020-2022
We partnered with the Chamber of Commerce and the Business Improvement District to create an attractive and visible offer to third parties and began to lease this space.
2023
The marketing efforts led to all remaining space being leased, creating a thriving business hub that feeds into the local economy.
Current Stats
47.46% occupied by BMO
33.26%occupied by 4 tenants
19.27% common area
$149 million in deposits - 11.19% increase
33.26%occupied by 4 tenants
19.27% common area
$149 million in deposits - 11.19% increase
The Stats Pre-purchase
20,728 square feet
100% occupied by Bank of Montreal (BMO)
100% occupied by Bank of Montreal (BMO)
2018
Brookline Asset Management acquired the Reedsburg BMO branch and right-sized it to 33.28% of the leasable space, re-signing a 10-year lease.
2019
As part of the retrofit step of our “Less is More Strategy”, we transformed the former bank branch into a vibrant, multi-tenancy office building, addressing maintenance issues. We then leased 1000 square feet of office space to PARE Consultants, reactivating an office space that had been unoccupied for 20 years.
2020
BMO vacated their Reedsburg branch to consolidate their teams. While they continued to meet their financial obligations to Brookline Asset Management, this consolidation led to immediate operational cost savings.
2021
BMO approached Brookline Asset Management to discuss the possibility of an early lease termination. BMO agreed to a buy-out and Brookline Asset Management began to market the space to attract new tenants.
2022
Brookline Asset Management secured a 10-year lease for 10,500 square feet of space to Vierbicher, a prominent engineering firm, and invested $300,000 to accommodate their needs. PARE Consultants chose not to renew and Brookline Asset Management leased the space to Edward Jones, a financial consultant, investing an additional $200,000.
Current Stats
0% occupied by BMO
94.87% occupied by 2 tenants
Over $500,000 invested by Brookline Asset Management
94.87% occupied by 2 tenants
Over $500,000 invested by Brookline Asset Management
The Stats Pre-purchase
35,600 square feet
100% occupied by Bank of Montreal (BMO)
$160.73 million in deposits
100% occupied by Bank of Montreal (BMO)
$160.73 million in deposits
2018
We bought the BMO West Bend branch, right-sized it to 57% of its initial space and re-signed a 15-year lease.
2019
We revamped the space, creating a welcoming and modern environment. We then worked with the YMCA to sign a 10-year lease, bringing a non-profit into the heart of the local community.
2020
MSA, a community development consulting firm, leased 1000 SF of space, aligning with the building's growing use as a business center for socially conscious organizations. Brookline Asset Management sold a separate building parking lot parcel to the City of West Bend to develop as part of the city-wide Riverwalk Project which vastly improved the downtown riverside aesthetics and usability.
2021
Brookline Asset Management secured a 10-year lease with the United Way. The nonprofit's presence in the building increased foot traffic and visibility, benefiting all tenants and enhancing the building's reputation as a business center for community-oriented groups.
2022
MSA did not renew their lease and vacated their space so Brookline Asset Management re-leased it to West Bend Transit. West Bend Transits leased additional areas after Brookline Asset Management converted a dated boardroom into a modern multi-office center. West Bend Transit signed a 5-year lease for 4600 square feet.
2023
Brookline Asset Management is currently marketing the property for resale at a significantly higher price than purchased, thanks to the building's near full occupancy, long-term leases, high-quality tenants, improved branding, buildout, and new riverwalk.
Current Stats
45.75% occupied by BMO
45.11% occupied by third-party leases
9.14% available for lease
12.05% occupied by common areas
$196.23 million in deposits - 22.09% increase
45.11% occupied by third-party leases
9.14% available for lease
12.05% occupied by common areas
$196.23 million in deposits - 22.09% increase