Real Estate

Grubb & Ellis|Apex Commercial Centare Group Ltd. leased 11,675 square feet of office space at 300 N. Executive Dr.,...

The Real Estate Spotlight column in the latest edition of the BizTimes Milwaukee magazine takes a look at positive signs for the residential housing market in the metro Milwaukee area.

The cover story of the latest edition of the BizTimes Milwaukee magazine takes an in-depth look at Marcus Corp.'s The Corners development planned in Brookfield, and compares the project to Pabst Farms in Oconomowoc.

Bethesda, Md.-based Walker & Dunlop Inc., a commercial real estate finance company, recently opened a Milwaukee area office in a 3,700-square-foot space at 142 E. Capitol Dr., Hartland. The company has 11 offices in the U.S.

HSI Properties Inc. plans to build a 40-unit apartment building next to The Enclave, the two-building 152-unit apartment complex that it is building southeast of Martin Drive and North 62nd Street in Wauwatosa.

Sunset Investment Co. recently purchased the 30,639-square-foot building at 2525 N. Mayfair Road, Wauwatosa, from MLG/2525 Limited Partnership (a group of local investors) for $3.95 million, or about $129 per square foot.

Piggly Wiggly Midwest LLC notified the state Department of Workforce Development this week that it plans to close the Piggly Wiggly store at 3124 S. Business Dr. in Sheboygan.

More good news for the recovering housing market: home sales in the metro Milwaukee area increased by 30 percent, year-over-year in the month of May, according to the Greater Milwaukee Association of Realtors (GMAR).

Connecture Inc., which recently moved its headquarters from Atlanta, Ga., to Pewaukee, has signed a 10-year lease and will move again to a larger office in the Brookfield Lakes Corporate Center in Brookfield.

Northwestern Mutual Life Insurance Co. is working on renovation plans for the 153,720-square-foot office building at 733 N. Van Buren St. in downtown Milwaukee. Northwestern Mutual has a contract to purchase the building from Van Buren Building Company, which is owned by developer Joel Lee. The deal is expected to close later this year.