Developer shifts gears for Pabst building redevelopment
July 16, 2014 11:06 AM
New York-based Whitestone Realty Capital LLC, which has been working on plans to redevelop the former malt house and grain warehouse buildings at the former Pabst brewery complex in downtown Milwaukee, has changed its plans for the project.

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Spec office building planned in Pewaukee
July 16, 2014 11:04 AM
Interstate Partners LLC has submitted preliminary plans to build a two-story, 25,352-square-foot speculative office building south of Watertown Road between Highway 164 and Highway F in the City of Pewaukee.

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Pieper Properties converting part of Third Ward building to apartments
July 16, 2014 10:37 AM
Pieper Properties is converting some vacant floors in the Mayer Building, located at the southeast corner of St. Paul Avenue and Water Street in Milwaukee Historic Third Ward, from commercial space into residential apartments.

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Milwaukee area office market gains strength
July 16, 2014 10:34 AM
The Milwaukee area office real estate market posted strong results in the second quarter with 233,909 square feet of positive absorption, which helped lower the vacancy rate to 18.98 percent, according to the latest report from Xceligent and the Commercial Association of Realtors Wisconsin.

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Milwaukee area industrial market continues strong performance
July 16, 2014 10:30 AM
The Milwaukee area industrial real estate market’s strong performance of recent years continued during the second quarter with 813,406 square feet of positive absorption, while the vacancy rate dipped from 6.71 percent to 6.05 percent, according to the latest report from Xceligent and the Commercial Association of Realtors Wisconsin.

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Milwaukee area retail market improves in second quarter
July 16, 2014 10:24 AM
After negative absorption of 263,641 square feet of space during the first quarter, the Milwaukee area retail real estate market improved and posted positive absorption of 115,562 square feet of space during the second quarter, according to the latest report from Xceligent and the Commercial Association of Realtors Wisconsin.

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Metro area home sales down a tad in June
July 16, 2014 10:06 AM
By the slimmest of margins, home sales in the metro Milwaukee area in June continued to lag behind the 2013 pace. The area's 1,924 home sales for the month was only one behind June of 2013, according to the latest report from the Greater Milwaukee Association of Realtors.

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NML wants to buy O’Donnell Park parking structure for $12.7 million
July 16, 2014 10:49 AM
Northwestern Mutual Life Insurance Company wants to buy the O’Donnell Park parking structure, located near the lakefront in downtown Milwaukee, for $12.7 million, according to a report from Milwaukee County Economic Development Director Teig Whaley-Smith to the Milwaukee County Board.

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Uline plans another distribution center and office building in Kenosha County
July 16, 2014 10:47 AM
Pleasant Praire-based Uline, which recently announced plans to double the size of its corporate headquarters campus and add 500 jobs there, this week announced that it will also move its Midwest distribution center operations from Waukegan, Ill. to Kenosha. That move will bring an additional 475 jobs to Kenosha County.

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East Troy industrial building sold for $6.9 million
July 16, 2014 10:45 AM
Boston-based STAG Industrial Inc. recently purchased a 149,600-square-foot industrial building at 2761 Buell Dr. in East Troy for $6,935,750, according to state records.

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South side medical office building sold for $5.95 million
July 16, 2014 10:48 AM
An affiliate of The Atkins Companies, a West Orange, N.J.-based real estate development, investment and management firm, recently purchased a 26,521-square-foot medical office building at 3305 S. 20th St. in Milwaukee for $5.95 million, according to state records.

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