Real Estate

Real Estate Profile: Steve Traudt

partner/owner, Quinette & Traudt Inc.

Deal of the week

IndependenceFirst leased 40,000 square feet of space (with an option to buy) in the former Karp Bakery Warehouse at 544 S. 1st St., Milwaukee, from 544 South 1st Street LLC.

HomeSale Realty forms affiliation with Coldwell Banker

West Allis-based HomeSale Realty announced that it has formed an affiliation with the franchise system of Parsippany, N.J.-based Coldwell Banker Real Estate Corp. and will now be known as Coldwell Banker HomeSale Realty, effective June 1.

Region’s home sales fall in March

Home sales in the four-county metro Milwaukee area were down 27.4 percent in March, compared with March of 2007, falling from 1,492 sales to 1,083, according to MLS data from the Greater Milwaukee Association of Realtors.

State foreclosures continue to rise

Data compiled by ForeclosuresWI.com shows that foreclosures in the state continue to rise.

Park Lafayette progressing

Oak Brook-based Renaissant Development Group LLC announced this week that Park Lafayette, its 20-story twin tower condominium development on Milwaukee's east side, is on schedule and will top off around July 4.
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CVS Pharmacy planned for Fountains of Franklin

The Fountains of Franklin development at South 51st Street and Rawson Avenue in Franklin has landed another tenant. A 13,440-square-foot CVS Pharmacy will be built along Rawson Avenue, west of the Sendik's store, which anchors the development.

Marcus Center hires CB Richard Ellis to assist parking structure site development

The Marcus Center has hired Bill Bonifas of CB Richard Ellis to find either a tenant interested in occupying a mixed-use development on the parking structure or a developer for the project.

Developer files notice of injury for Lake Geneva referendum

Palatine, Ill.-based The Hummel Group and Skaneateles, N.Y.-based The Mirbeau Companies filed a Notice of Injury alleging that Lake Geneva officials violated the law when they held an advisory referendum to gauge public opinion about the company's proposed 710-acre resort, winery and 882-home residential development.

Real estate resources

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

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