Real Estate
Stay informed on commercial real estate development, investment, and property news in the Milwaukee area.
Downtown Hilton Tempo hotel project moving forward
A year and half after announcing a signing deal for the project with hotel giant Hilton, HKS Holdings appears to be moving forward with its plans to construct an eight-story Hilton Tempo hotel at the northwest corner of West Kilbourn Avenue and North Dr. Martin Luther King Jr. Drive in downtown Milwaukee.
Catholic Memorial buys Infinity Fields complex for $5.3 million
Catholic Memorial High School has purchased the 36-acre Infinity Fields Baseball Park complex in Waukesha for $5.3 million, according to state records.
Judge orders owners of former Northridge Mall to submit formal demo plan by Jan. 13
After little to no changes at the property, Milwaukee County Circuit Judge William Sosnay on Monday ordered U.S. Black Spruce Enterprises Group, the owner of the shuttered Northridge Mall in Milwaukee, to submit a written proposal spelling out how the Chinese-based company plans to raze the complex.
Financing for Iron District project remains a work in progress
Early-stage work has begun at the 11-acre site of the future Iron District in downtown Milwaukee, but developers are still ironing out the specifics around how the $160 million project will be financed.
Guardian Pharmacy of Wisconsin moves HQ to larger West Allis location
Guardian Pharmacy of Wisconsin has moved its headquarters to 11420 Theodore Trecker Way in West Allis.
California firm buys two Brown Deer industrial buildings for $13.7 million
A California-based private equity firm has purchased two industrial buildings in Brown Deer for $13.7 million
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Developers, nonprofits to share in $10.7 million in Housing Trust Fund grantsÂ
Developers and nonprofit organizations leading 14 affordable housing projects and programs in Milwaukee will share in $10.7 million in Housing Trust Fund assistance grants aimed at curbing homelessness across the city.
Home sales in Milwaukee area down 30% in November, from a year ago
The number of homes sold in the four-county metro Milwaukee area and the seven-county southeastern Wisconsin region were down about 30% in November, year-over-year, according to the latest report from the Greater Milwaukee Association of Realtors.
Recent real estate transaction announcements – 12/14/22
Leases
Founders 3:
Safeway Transportation Services Corp. leased 2,400 SF at 6055 S 6th Street in Milwaukee. Paul McBride represented the Tenant.
Tom...
Marquette to begin construction project for future College of Nursing facility
Marquette University will begin work on a new home for its College of Nursing — the second major construction project in its campus master plan set to get underway this month, approved by the board of trustees at its December meeting.