Industries
Real estate odds and ends
The state Department of Corrections' Division of Community Corrections will host an open house on Friday of its new offices in the Beerline Crossing development at 4160 N. Port Washington Road in Glendale.
Real estate people in the news
John J. Malloy, chief operating officer, chief financial officer and a principal for Brookfield-based NAI MLG Commercial, was recently...
Real estate deal of the week
Wells Real Estate Investment Trust II, a real estate investment trust (REIT) owned by Norcross, Ga.-based Wells Real Estate Funds, announced that it has purchased the 240,000-square-foot office building at 11200 W. Parkland Ave., Milwaukee.
Zilber to buy property from Milwaukee County for Pabst brewery project
Joseph Zilber, the founder of Milwaukee-based Zilber Ltd., plans to purchase two small pieces of vacant property from Milwaukee County for his redevelopment of the former Pabst brewery property in downtown Milwaukee.
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Residential sales, listings down
Residential real estate sales in southeastern were down 26.4 percent in January and 21.8 percent in February, compared with the previous year, according to the Greater Milwaukee Association of Realtors (GMAR).
City to purchase land for Terry Porter’s Bronzeville development
The City of Milwaukee's Redevelopment Authority plans to purchase two vacant properties from Milwaukee County to assist a mixed-use development planned by former Milwaukee Bucks coach Terry Porter in the Bronzeville district.
Doyle’s budget repair plan targets use of REITs by corporations
Gov. Jim Doyle said his budget repair plan would garner $6 million for the state by preventing corporations, such as Wal-Mart, from "abusing captive real estate investment trusts (REIT) as a means of avoiding taxes on profits generated in Wisconsin."
Wangard plans downtown office building
Milwaukee-based Wangard Properties announced plans this week to build an eight-story, 155,000-square-foot office building on top of a parking garage just south of the eight-story 875 East Wisconsin office building at 875 E. Wisconsin Ave.
