Real Estate

A pair of Georgia-based developers plan to build a 236 unit luxury apartment building on the site of the Hall Automotive service center at 11011 W. North Ave. in Wauwatosa, according to plans submitted to the city.
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A groundbreaking ceremony was held Tuesday to celebrate the start of construction of a 101-room Hampton Inn & Suites hotel at the corner of West Greenfield Avenue and South 82nd Street near Wisconsin State Fair Park in West Allis.
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A Wilmette, Ill.-based investment group has purchased the 135-room Radisson Hotel in Menomonee Falls. The sale was a quit claim deed transfer valued at $7.7 million according to state records.
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The YMCA of Metropolitan Milwaukee has closed on the sale of two of its properties to the YMCA of Greater Waukesha County, according to state records.
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An affiliate of Cincinnati, Ohio-based Phillips Edison & Company recently purchased the 160,533-square-foot Point Loomis shopping center on the south side of Milwaukee from an affiliate of Beachwood, Ohio-based DDR Corp. for $10.35 million, according to state records.
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The Milwaukee Bucks announced this week that the team will move its corporate offices to the Schlitz Park complex, just north of downtown Milwaukee. The team also says it has added 40 employees to its sales staff and executive team in recent months and now has more than 130 employees.
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The Milwaukee County Board’s Economic and Community Development Committee this week voted unanimously to reaffirm its support for a a multi-building office space development that Brookfield-based Hammes Co. wants to build in the Park East corridor.
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The Milwaukee County Board’s Economic and Community Development Committee this week endorsed a proposal to sell the O’Donnell Park parking structure near the lakefront in downtown Milwaukee to Northwestern Mutual Life Insurance Co.
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A panel of local developers working on some of the most significant development projects in southeastern Wisconsin will highlight the 12th annual BizTimes Milwaukee Commercial Real Estate and Development Conference.
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