Milwaukee-based commercial real estate brokerage releases 2007 market outlook

Milwaukee officials have selected 10 neighborhoods for the 2007 targeted investment neighborhoods program (TIN), which promotes home ownership, property renovation and community activities.

chair of real estate practice group, Whyte Hirschboeck Dudek

Group Two, a marketing company, recently leased 123,000 square feet of industrial space at 11100 W. Cleveland Ave., West Allis,...

The Brookfield office of Minneapolis-based M. A. Mortenson, recently hired Don Schliepp as a superintendent and promoted Mark Stanhope...

The Historic Third Ward portion of the Milwaukee Riverwalk is one of seven projects chosen by the American Institute...

"The Neighborhood Perspective: a Milwaukee BID Panel Discussion," hosted by BOMA Wisconsin/AOMA of Greater Milwaukee, on Tuesday, Feb. 13,...

Company Address: 600 Northshore Drive, Hartland, WI 53029 Web site: www.cdmfg.com, www.spincards.com Industry: ...

It’s that time of year. The 2007 budgets are in place, business plans have been reviewed, and there’s excitement and consternation in the air. The economy remains a growing concern due to fourth-quarter expectations and results. It seems that with respect to the last three years, nothing can be taken for granted or assumed with any degree of confidence in terms of business growth and profit expectations.

Tempered by a housing market hangover, a slumping American automotive industry and the costly war in Iraq, most economists are projecting slow growth of 2 to 3 percent for the U.S. economy in 2007. As the figures suggest, growth will be attainable. However, that growth will have to be earned, and it will usually come in small increments, as companies that are prepared to make the slow climb are able to grind through or around the obstacles in their paths.

The U.S. economy will struggle to shrug off a cooled housing market and a burgeoning fiscal deficit in the first half of 2007, but will regain some momentum in the second half of the year. That’s the prognosis of Michael Knetter, dean of the University of Wisconsin-Madison School of Business.

Led by the suddenly high-flying Midwest Air Group Inc., half of the top-performing stocks of southeastern Wisconsin’s publicly traded companies in 2006 were corporations in the midst of significant change. The best-performing stock in the BizTimes Stock Index in 2006 was that of Midwest Air Group Inc., the parent company of Oak Creek-based Midwest Airlines. Buoyed by December speculation that the company could be acquired by AirTran Holdings Inc., Midwest Air Group’s stock shot up 103.9 percent to close the year out at $11.50 per share.