23
Cushman & Wakefield | Citibank
Power Center
Wisconsin
Initial Value:
$29,762,300
Final Value:
$20,892,000
Estimated Tax Savings:
$214,840
A power center in a desirable area of Wisconsin was purchased
for $32,000,100 and its proposed assessment increased
accordingly. We were able to convince the assessor that the
purchase price did not accurately represent true fair market
value for a number of reasons. Our valuation expertise,
understanding of the local market, and relationship with the
assessor helped us maximize our client’s tax savings in the
face of a much higher purchase price.