Industries

U.S. Bank to host fireworks tonight

U.S. Bank will sponsor a fireworks show on downtown Milwaukee’s lakefront tonight, starting at about 9:30 p.m.

Wauwatosa retail building sold for $6 million

The Stratford Plaza building, a 25,725-square-foot, multi-tenant retail building located at 12132 Capitol Drive in Wauwatosa, was sold recently for $6 million, according to state records.

Television preview of BizTimes Mid-Year Economic Forecast

The U.S. stock market is building on record highs, the housing and automotive markets continue to recover, the banking industry has stabilized, gross domestic product continues to grow, the unemployment rate is falling and new jobs are being added every month.

Most businesses won’t be affected by Obamacare delay

The news Tuesday that the Obama administration will delay until 2015 the requirement that employers with more than 50 employees provide insurance does not impact the vast majority of small business owners.

Real estate odds and ends

Wauwatosa retail building sold for $6 million The Stratford Plaza building, a 25,725-square-foot multi-tenant retail building located at 12132...

Rishi Tea could relocate in Milwaukee to expand

Milwaukee-based Rishi Tea needs additional space and could move to another location in the city or expand at its current location, co-owner and vice president of sales Benjamin Harrison said.
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Sales

Mid-America Real EstateThe Phillips Edison Group LLC purchased the Glenwood Crossings shopping center at 2723 18th St., Kenosha.Schaefer Land...

Leases

Colliers International|WisconsinDickten Masch Plastics leased 17,325 square feet of industrial space in the Pewaukee Commerce Center at N25 W23040...

Kenosha shopping center sold for $12.85 million

Glenwood Crossings, an 87,504-square-foot shopping center in Kenosha, was sold by Northbrook, Ill.-based Cloverleaf Group to Cincinnati-based Phillips Edison for $12.85 million, or $146.85 per square foot, according to state records.

Groundbreaking planned in August for office building at former Pabst brewery

Blue Ribbon Management LLC plans to break ground soon on two developments at the former Pabst brewery in downtown Milwaukee: an office building and an apartment building for international college students, said Blue Ribbon CEO Tom Gehl. Financing from foreign investors is in place for the office building but federal approval for similar financing for the apartment building has been delayed.

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