Real Estate

California REIT buys several Russ Darrow dealerships, and its HQ, for $95.8 million in sale-leaseback deal

Six Russ Darrow auto dealerships and the company's headquarters office building have been sold to a California real estate investment trust for about $61.4 million in a large sale-leaseback deal.

Couture construction reaches above-ground phase

Construction workers for The Couture have mostly spent more than a year in what is ostensibly a very deep, very high-tech basement for what will be a 44-story story apartment tower near the downtown Milwaukee lakefront.

MTE Corp. opens new HQ in Menomonee Falls

Menomonee Falls-based MTE Corp., a global supplier of power quality products designed to improve the reliability of power electronic systems, has moved its headquarters to a larger space in the village.

Fondy Food Center to move into former Legacy Bank building

The Fondy Food Center, a nonprofit with a mission of improving access to local, healthy food year-round, will move its offices into the former Legacy Bank building at 2102 W. Fond du Lac Ave., Milwaukee, on Nov. 1.
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$7.5 million Wells Fargo housing grant will fund home acquisition, down payments, and counseling

A $7.5 million grant from Wells Fargo to boost homeownership among Milwaukee families of color, would be spent on acquiring homes, down payments, and financial counseling for would-be homeowners.

Company affiliated with Porcaro Ford president buys 6.2-acre site along Highway 20 in Sturtevant

A limited liability company affiliated with Mark Porcaro, president of Porcaro Ford, has purchased 6.2 acres of land at the southeast corner of 96th Street and Washington Avenue (Highway 20) near I-94 in Racine County, according to state records.

City of Milwaukee gets federal grant to help redevelop site under I-43 near Marquette Interchange

The city of Milwaukee’s Redevelopment Authority is getting a $3.2 million federal grant to help redevelop the 15-acre Kneeland Properties site, located in the Menomonee Valley along the north side of the Menomonee River and straddled by I-43, just south of the Marquette Interchange.

Recent real estate transaction announcements – 9/14/22

Sales Colliers|Wisconsin: Chicago-based private real estate investment firm, Prairie Hill Holdings, has purchased a 70,414 square foot super regional anchored shopping...

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