Industries

Don’t let paradigms preclude business model innovation

Business model innovation lessons abound in the daily news, and not just in the business section. CNN and Fox News provide recent examples. Both offered breaking but inaccurate news that the US Supreme Court ruled Obama’s signature healthcare reform – the Affordable Care Act (ACA) – as unconstitutional. Their paradigm – a mental model for how things work – coupled with competition to offer breaking news resulted in their reporting mistake.

Brookfield tech firm earns Microsoft partner of the year designation

Concurrency, Inc., of Brookfield, has earned a 2012 Microsoft Content Management Partner of the Year Award.

Real estate people

Milwaukee-based Colliers International|Wisconsin recently added Jenna Duesler as an associate broker for the retail division and Alex Brackman and...

Sales

Cassidy Turley Barry Bridge Holding LLC purchased a 154,000-square-foot building at 5700 Bender Ct., Milwaukee, from H. Coleman Norris...

Leases

Cassidy Turley Barry Xpress Global Systems Inc. leased 34,000 square feet of industrial space at N89 W14700 Patrita Dr.,...

Real estate odds and ends

Brookfield-based engineering firm R.A. Smith National said that it is providing complete site design services to Cabela’s for a new store in Ashwaubenon. The approximately 100,000-square-foot store will be located at U.S. Highway 41 and Lombardi Avenue near Lambeau Field. The store will be located in the Titletown Development area being developed in conjunction with the Green Bay Packers.
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County Board approves Park East Square

The Milwaukee County Board voted last week to approve a revised development agreement for the Park East Square project, a 181-unit apartment development planned in the Park East Corridor. Supervisors John Weishan Jr. and Willie Johnson Jr. cast the only “no” votes.

Bradley Corp. completes new plant in Germantown

Menomonee Falls-based Bradley Corp. recently held a ribbon cutting and grand opening ceremony at its new, 190,000-square-foot plant at N106 W13500 Bradley Way in Germantown. The facility, which may be expanded to 300,000 square feet in the future, will be the primary manufacturing location for a variety of commercial washroom products.

Another apartment building planned near downtown

Dominion LLC plans to build a five-story, 20-unit apartment building on a vacant lot at 1509 N. Jackson St., just north of downtown Milwaukee. The proposed building is designed by Joel Agacki, co-founder of Striegel-Agacki Studio.

Retail market rebounds in Q2

The southeastern Wisconsin retail real estate market bounced back during the second quarter, recovering from a rough first quarter, according to the Xceligent and Commercial Association of Realtors Wisconsin (CARW) second quarter report. During the second quarter the market had positive net absorption of 82,607 square feet of space and the vacancy rate dipped to 7.7 percent.

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