Real Estate
Stay informed on commercial real estate development, investment, and property news in the Milwaukee area.
BMO to close 17 Wisconsin branches
BMO Harris Bank will close 24 branches, including 17 in Wisconsin, as part of its post-acquisition consolidation efforts.
ZND rejects historic designation for Sydney Hih
The Milwaukee Common Council’s Zoning Neighborhoods and Development (ZND) Committee on Tuesday rejected a temporary historic designation that the Historic Preservation Commission placed on the Sydney Hih buildings in an attempt to stave off demolition plans.
County Board committee reverses course, approves Park East Square
One week after it voted to delay its decision on a 181-unit Park East corridor development, because of a labor dispute with one of the developers, the Milwaukee County Board's Committee on Economic and Community Development Tuesday voted to approve the project. The project still needs approval of the full County Board.
Potawatomi Hotel construction to begin in mid-July
The Forest County Potawatomi tribe will hold a groundbreaking ceremony on July 12 to celebrate the start of construction of a 20-story, 382-room hotel next to its Potawatomi Bingo Casino in the Menomonee Valley in Milwaukee.
WAC plans fitness center at 833 East Michigan
The Wisconsin Athletic Club plans to open a 24,000-square-foot fitness center in the 18-story office building that Wauwatosa-based Irgens plans to build at 833 E. Michigan St. in downtown Milwaukee, according to numerous commercial real estate sources.
Assisted Living Concepts acquires 12 residences
Menomonee Falls-based Assisted Living Concepts Inc. (ALC) has signed an agreement with Ventas Realty, Limited Partnership and MLD Delaware Trust (MLD) to purchase 12 residences consisting of 696 units for a purchase price of $97 million, plus $3 million for a litigation settlement fee and Ventas' expenses in connection with the litigation.
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Remodeling firms merge
Renovators Ltd and The OAR Group (Owner Assisted Remodeling) have merged to form Renovations Group Inc.
Milwaukee NARI Foundation names officers
The Milwaukee/NARI Foundation, Inc., the educational and charitable arm of the Milwaukee/NARI Home Improvement Council, Inc., announced the re-election of the following officers for fiscal 2012:
Kahler Slater lands UW-Oshkosh contract
Kahler Slater, a Milwaukee-based architecture and experience design firm, has been chosen to provide design services for the renovation of the Clow Social Science Center at the University of Wisconsin-Oshkosh.
Five-alarm fire burns building on north side
A five-alarm fire is burning in a vacant two-story commercial building on Milwaukee’s north side near 12th and Vliet streets.
