Real Estate
Stay informed on commercial real estate development, investment, and property news in the Milwaukee area.
Sendik’s Towne Centre to reconfigure parking lot
Cincinnati-based Phillips Edison & Company is spending $1.5 million on a parking lot reconfiguration project for Sendik’s Towne Center, a 189,000-square-foot lifestyle center located southwest of Capitol Drive and Brookfield Road in Brookfield.
Zilber breaks ground for New Berlin spec industrial building
Milwaukee-based Zilber Property Group recently broke ground to begin construction of a 54,155-square-foot speculative industrial building at 16235 W. Beloit Road, New Berlin.
Lake Lawn Resort completes $2 million remodeling project
Lake Lawn Resort in Delavan recently completed a $2 million project remodeling the former Woodlawn complex. Now renamed Lakewood, the renovated structure has 33 guestrooms and 15 suites, plus an outdoor pool and patio.
MU Dental School expansion work begins this week
Work begins this week on the 45,000-square-foot expansion of the Marquette University Dental School building at 1801 W. Wisconsin Ave., Milwaukee.
Telsmith to add warehouse
Mequon-based Telsmith Inc., a manufacturer of mineral processing equipment for the aggregate and mining industries, plans to build a 33,760-square-foot, free-standing warehouse on the south side of its property at 10910 N. Industrial Dr., Mequon.
City Hall Square Apt. sold for $12.15 million
An investors group including Milwaukee real estate investor and developer Mike Olson, Milwaukee-based Edgewater Real Estate LLC and other investors, recently closed on a purchase of the two-building City Hall Square Apartments complex in downtown Milwaukee.
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National home prices surge again
U.S. home prices rose for a second month in June, according to the S&P/Case-Shiller Index, which showed the strongest back-to-back monthly advance in the more than decade-long history of the price gauge.
Nature-inspired designs
A new exhibit at S.C. Johnson & Son Inc.'s corporate headquarters in Racine celebrates the architectural innovations of Frank Lloyd Wright with depictions of his Prairie-style homes and a particular emphasis on Wright's appreciation of nature in his approach to design.
Tenants line up for Global Water Center
Efforts to create a water technology business accelerator center and to establish Milwaukee as the “Silicon Valley” of water technology businesses are gaining momentum.
Schlitz Park
Schlitz Park is moving into the third and final phase of its $35-40 million renovation project, which it began last year.
