Real Estate

The head of the group that owns the Century City 1 industrial building says he is eyeing a second quarter groundbreaking for a second industrial building that it hopes to construct in the central city business park.

With an economic future clouded by inflation, supply chain issues, and the possibility of recession, commercial real estate professionals...

Foxtown Brewing, an affiliate of Mequon-based dog food maker Fromm Nieman Brands has received approval for a certificate of appropriateness from the Third Ward Architectural Review Board for its plans to build a 28,000-square-foot, restaurant, tap room and distillery located northeast of St. Paul and Plankinton avenues along the Milwaukee River.

The historic Schuster Mansion, located at 3209 W. Wells St. in Milwaukee's Concordia neighborhood, will be put up for sale at auction by Beth Rose Real Estate and Auctions.

Home sales in the four-county metro Milwaukee area fell 29% in October, year-over-year, and 26.3% in the greater southeastern Wisconsin region, according to the latest report from the Greater Milwaukee Association of Realtors.

Campbellsport-based Drexel Building Supply, a wholesale building materials supplier, announced this week its intent to acquire McMahon and Company, a Jackson-based supplier of doors and millwork. Terms of the deal, which is scheduled to close Dec. 31, were not disclosed.

Josh Jeffers, founder and CEO of J. Jeffers & Co., joined with Mayor Cavalier Johnson, and others to mark the official opening of the Journal Commons luxury apartment building, marking the end of a year-long, $35 million rehabilitation of the former Milwaukee Journal Sentinel building at 333 W. State St.

Chad Bathke, a former owner and chief operating officer for Pewaukee-based VJS Construction Services, Inc., is the new chief operating officer for Milwaukee-based Doral Corp.

Kenosha Area Business Alliance president Todd Battle will leave the organization at the end of the year to take a role with Milwaukee-based real estate development firm Zilber Property Group.

After an initial unveiling late last month, Madison-based development firm Willow Partners announced Monday that it has formally submitted updated plans for a 192-unit apartment tower at the site of the Goll Mansion at 1550 N. Prospect Ave. on Milwaukee’s East Side.