Real Estate
Stay informed on commercial real estate development, investment, and property news in the Milwaukee area.
MGIC files lawsuit in pool insurance dispute
MGIC Investment Corp. announced that its Mortgage Guaranty Insurance Corp. subsidiary has filed a lawsuit in Federal District Court in Milwaukee against Freddie Mac and the Federal Housing Finance Administration (Freddie Mac's conservator) regarding the pool insurance dispute between MGIC and Freddie Mac.
REIT buys Delafield shopping center for $15.1 million
Ramco-Gershenson Properties Trust, a Farmington Hills, Mich.-based real estate investment trust (REIT) announced that it has purchased the 113,617-square-foot Nagawaukee Shopping Center in Delafield for $15.1 million.
BizTimes Real Estate Weekly: Art Museum plans $25 million project at War Memorial Center
The Milwaukee Art Museum wants to do a $25 million renovation and expansion project for the War Memorial Center in Milwaukee.
Art Museum plans $25 million upgrade to War Memorial Center
The Milwaukee Art Museum is pushing for a $25 million project to improve the War Memorial Center. The Art Museum occupies about 70 percent of the War Memorial Center buildings, which are adjacent to the winged Santiago Calatrava-designed addition to the Art Museum.
Mandel plans $27 million Whitefish Bay apartment development
Milwaukee-based Mandel Group Inc. plans to build a three-building, 103 unit luxury apartment development on parking lots south of East Beaumont Avenue between North Santa Monica Boulevard and North Consaul Place in Whitefish Bay.
New construction
Brookfield-based Briohn Building Corp. has been contracted to complete the design and construction of a 22,500-square-foot office remodeling project throughout three existing floors for Medovations Inc., a medical device manufacturing company located at 102 E. Keefe Ave. in Milwaukee.
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Real estate odds and ends
Student housing building planned near CarrollClysmic III Inc. plans to build a 57,392-sqaure-foot, three-story student housing building at the...
Real estate people
Milwaukee-based The Boerke Company Inc. recently added Roger Siegel as a principal. He will specialize in the sale and lease of industrial properties. Previously Siegel was an executive vice president for CBRE’s Milwaukee office.
Sales
Commercial Property Associates The Masue Trust sold the 7,200-square-foot former Payless Shoes building at 4018 75th St., Kenosha. Bank...
Leases
Commercial Property Associates Rue21 leased 5,000 square feet of space at The Shoppes at Fox River, 1240 Sunset Dr.,...
