Real Estate

Leases

Boerke Company The Shoppe LLC leased 2,205 square feet of office space in Catalano Place on the Park,...

Real estate odds and ends

Yogurt restaurant planned in West AllisOrange Leaf Yogurt plans to open a restaurant at 10922 W. National Ave., West...

Summit Credit Union to build new West Allis branch, add BBB as tenant

Summit Credit Union plans to tear down its existing branch building at 10015 W. Greenfield Ave. in West Allis and replace it with a new, 14,000-square-foot building.

Northwestern Mutual sells Seattle office tower

Northwestern Mutual Life Insurance Co. Inc. has sold the Russell Investments Center in Seattle to CommonWealth Partners for $480 million, in what is believed to be the largest single asset office sale in the Western United States since 2006.

Shoppes at Fox River expansion to include T.J. Maxx and Ulta

Opus Development Corp. announced that it will break ground on a 47,000-square-foot addition to the Shoppes at Fox River development, built on a 54.7-acre site along Sunset Drive on the southwest side of Waukesha. The project is expected to be complete by next winter.
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Home prices rise in state

The average price of homes sold in Wisconsin rose in March by 0.4 percent, compared to March of 2011, to $123,500, according to the Wisconsin Realtors Association (WRA).

Water Council Center lands small tenant

The Milwaukee Water Council announced that the global pump company Grundfos will become an initial tenant of the Water Research & Business Accelerator Center at 223 W. Pittsburgh in Milwaukee’s Walker’s Point neighborhood.

MGIC narrows losses

MGIC Investment Corp. today reported a net loss for the first quarter of $19.6 million, or 10 cents per share, compared with a net loss of $33.7 million, or 17 cents per share, for the same quarter a year ago.

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