Property Tax Presentation for 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.

Cushman & Wakefield | Citibank

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