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GE Healthcare selling large Waukesha campus ahead of relocation: Report

GE Healthcare
Posted at 9:00 PM, Feb 24, 2021

MILWAUKEE — GE Healthcare is looking to sell its 561-acre Waukesha campus as it moves its operations to its West Milwaukee and Wauwatosa facilities, our news partners at the Milwaukee Business Journal report.

The campus includes 1.2 million square feet of space at the intersection of Interstate 94 and Wisconsin Highway 16.

Last September, GE Healthcare announced it will be moving jobs and operations from its Waukesha campus to existing campuses in West Milwaukee, where it plans to invest $50 million, as well as in Wauwatosa.

Real estate company CBRE has the listing, and is selling the Waukesha campus as “a high-quality corporate campus sale-leaseback opportunity," the BizJournal reports.

The listing did not include a price, but Waukesha County tax records assess the property as being valued as much as $50 million, according to the report.

GE Healthcare’s 600 employees and MRI unit will stay in Waukesha.

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