Patrick Gallagher, CCIM
Executive Vice President
Find Your Perfect Space
777 E Wisconsin Ave
Milwaukee, WI 53202
Patrick Gallagher is an Executive Vice President in the CBRE Milwaukee office and oversees the Wisconsin Capital Markets team.
He brings more than 30 years of experience representing private equity and institutional clients across all asset classes including the sale of over 10,000 apartment units, hundreds of retail, office and industrial buildings, plus development land and golf courses. Patrick and his team have significant receivership and troubled asset advisory experience, working with financial institutions in the evaluation, takeover, management and disposition of numerous troubled assets and notes. He has been involved with portfolio and single asset sale transactions in excess of $6 billion.
Prior to joining CBRE, Patrick was President and CEO at Siegel-Gallagher, a Milwaukee commercial real estate firm he co–founded in 1995. Patrick led the firm’s investment property sales team as well as setting the strategic direction for the brokerage and property management companies. Upon its sale, Siegel-Gallagher had 195 employees. Before coming back to Milwaukee to start the firm, he began his investment sales career in Chicago.
Three adjacent communities: Arbor Ridge, St. James and Sunset Ridge, totaling 595-units in the Milwaukee area. Managed sale for two owners, Fiduciary Real Estate and Mandel Properties. Implemented simultaneous joint marketing process for both sellers, obtained multiple offers and negotiated that sale of all three properties to one buyer new to investing in Wisconsin.
$47 million recapitalization of The Lodge at Walnut Grove, a 194-unit, Class A apartment community, in Madison, Wisconsin. Generated highly competitive national interest that ultimately led to an insurance company entering into a limited partnership investment at market value.
Riverwalk Apartments, 136-unit, Class A-project in downtown Waukesha. Generated 24 offers, six Best & Final offers. Sold to two 1031 exchange buyers who joined to satisfy trade. Overcame environmental issues.
Equity Residential Property Trust retained Gallagher’s team to market their last three Wisconsin communities, which totaled 686 units. Generated 22 offers and sold for $68,700,000.
Decade Portfolio sale of 1,261 units in six Milwaukee and Madison communities. Generated exceptional interest and ultimately sold entire portfolio to one Chicago buyer new to the market.
National Development and Investment, Inc. portfolio. Sale of 1,735 apartment units and 1,796 self-storage units in four states for +$85 million in consideration. Represented receiver retained as a result of a class action lawsuit against the general partner. Sold individual assets to multiple buyers.
The Lux, a Class A, 12 story, 160-unit apartment project in downtown Madison. Represented seller in a $37,000,000 ($231,250 per unit) sale. Worked with CBRE student housing team to source buyer new to the market for a conversion to student housing.
Team Overview - Investment Properties Milwaukee
As part of CBRE Investment Properties, we leverage CBRE’s industry-leading network of over 500 investment sales professionals across the United States to analyze market cycles, anticipate investment trends, and command capital in local, national, and global markets. Our clients also benefit from cutting-edge commentary and statistical data, provided by CBRE Econometrics advisors, on topics across every facet of investment real estate. The Milwaukee Investment Properties group leverages an unparalleled disposition platform to achieve outstanding results and maximize value for our clients.
First Vice President