Real Estate

Real Estate Profile: Ryan Persitza

vice president, NAI MLG Commercail

Real estate deal of the week

Milwaukee investors purchased Sheboygan strip mall

Wauwatosa Crowne Plaza opens

A ribbon-cutting ceremony will be held on Thursday, March 20 to celebrate the opening of the new Crowne Plaza hotel at 10499 W. Innovation Dr in the Milwaukee County Research Park in Wauwatosa.

Braeger dealership to move because of 27th Street ramp closure plans

Todd Reardon, the owner of the Braeger auto dealerships, said he plans to move his Braeger Chevrolet dealership south, and probably outside of the city of Milwaukee, because of plans by the state Department of Transportation to close the freeway ramp to the street for traffic coming north through the Mitchell Interchange.

Real estate resources

Building Owners and Managers Association Certified Commercial Investment Members ...

Residential sales, listings down

Residential real estate sales in southeastern were down 26.4 percent in January and 21.8 percent in February, compared with the previous year, according to the Greater Milwaukee Association of Realtors (GMAR).
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City to purchase land for Terry Porter’s Bronzeville development

The City of Milwaukee's Redevelopment Authority plans to purchase two vacant properties from Milwaukee County to assist a mixed-use development planned by former Milwaukee Bucks coach Terry Porter in the Bronzeville district.

Doyle’s budget repair plan targets use of REITs by corporations

Gov. Jim Doyle said his budget repair plan would garner $6 million for the state by preventing corporations, such as Wal-Mart, from "abusing captive real estate investment trusts (REIT) as a means of avoiding taxes on profits generated in Wisconsin."

Wangard plans downtown office building

Milwaukee-based Wangard Properties announced plans this week to build an eight-story, 155,000-square-foot office building on top of a parking garage just south of the eight-story 875 East Wisconsin office building at 875 E. Wisconsin Ave.

Towne Investments completes construction of Pleasant Prairie spec buildings

Milwaukee-based Towne Investments announced that it has completed construction of two speculative industrial buildings at LakeView Corporate Park in Pleasant Prairie, and has found an anchor tenant for one of them.

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