Real Estate

A warehouse in Menomonee Falls recently leased to Milwaukee Tool has been sold for $48.25 million, according to state records.

A Florida-based developer has acquired the former Shopko store in West Bend, and plans to redevelop the building.

Milwaukee-based developer New Land Enterprises recently celebrated the topping off of the Ascent project in downtown Milwaukee, and said the mass timber apartment building is drawing "unprecedented" interest from prospective tenants.

Milwaukee-based Barrett Lo Visionary Development plans to redevelop the former Boston Store site at Southridge Mall in Greendale. 

Brookfield-based MLG Capital has raised $196,690,000 in equity through its latest diversified Private Real Estate Fund, MLG Private Fund V, according to a Securities and Exchange Commission filing. The goal for the fund, which opened to investors in January 2021, was $300 million in equity.

A Wauwatosa panel charged with reviewing the design of new buildings for the second time reviewed the proposed Drew Tower at Mayfair and Bluemound Roads in a lengthy session that went late into the evening on Thursday.

A group of Bayside residents and property owners is suing the village over incentives it's providing to a redevelopment project.

Voorhees, New Jersey-based Comar has moved its West Bend manufacturing operations to a 160,000-square-foot facility at 2845 Wingate St. The new location officially opened this week.

The owner of the Holiday Inn Express in Germantown wants to renovate, expand and rebrand the building into a Fairfield Inn & Suites.

City officials are pushing for at least one public involvement meeting on a proposed indoor music venue complex next to the Summerfest grounds in Milwaukee's Historic Third Ward.