Several potential Kenosha Highway 50 corridor retail sites in play
In recent years, urban sprawl from the Chicago area has crept north of the state line into Kenosha County. After sluggish growth in the '70s and '80s Kenosha County's population increased by 29 percent from 128,181 in 1990 to an estimated 165,382 in 2009. At the same time, Wispark LLC attracted dozens of firms to its LakeView Corporate Park in Pleasant Prairie, and retail development flourished along Highway 50, which has become a major retail corridor in Kenosha County.
Commercial Realtors form boutique brokerage
In early 2010, when the commercial real estate market was still deep in the post Great Recession doldrums, two Milwaukee area commercial Realtors left their jobs at two of the largest commercial real estate firms in the region to start their own boutique commercial real estate brokerage in the Village of Lannon in northern Waukesha County.
Downtown Marriott
Quad prints Super Bowl programs
Milwaukee health care costs 5% above Midwest average
Housing market remains a major drag
Back to building
The southeastern Wisconsin commercial real estate market still faces significant headwinds. The metro area's office space vacancy rate is at about 22 percent, and the class B office space vacancy rate is close to 25 percent.
Will other tenants follow Godfrey & Kahn?
In the race to attract tenants and put together a deal to build a new office building in downtown Milwaukee, a joint venture of Wauwatosa-based Irgens Development Partners LLC and Milwaukee-based Van Buren Management Inc. recently took a major step ahead of their competition.
