Real Estate

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Greenfield-based Boucher Automotive Group has purchased 17 acres of vacant on 120th Street in the village of Bristol for $3.95 million, according to a property transfer that was posted by the state on Monday.

Median monthly rents for apartments in the metro Milwaukee area fell 9.8% in July, year-over-year, the steepest decline of the largest 50 metro areas in the nation, according to a new report from Seattle-based real estate brokerage Redfin.

The Wisconsin Center District Board on Friday approved issuing $20 million in additional long-term debt, and a mix of other financing measures, to cover what is projected to be $36 million overrun in the budget for the Wisconsin Center expansion project.

Milwaukee-based Mandel Group is planning a three-building food-centric development along South 66th Street in West Allis for restaurants, food production and retail use.

Mount Pleasant officials on Wednesday backed a plat and two site plan applications for housing developments that should result in the construction of hundreds of new homes, apartments, and condominiums in the village.

An affiliate of Bayside-based Katz Properties, Inc. has purchased the sprawling Foxcroft Apartments complex in Fox Point for $27.5 million.

Waukesha County's Lake Country next summer will be home to the newest fine dining concept by Milwaukee-based Bartolotta Restaurants.

Commercial real estate development firm Irgens this week disclosed its redevelopment plans for the 16-acre former Boston Store site at Brookfield Square mall.

Milwaukee-based Metropolitan Associates has purchased the sprawling Westchester Apartments complex in Kenosha for $20.4 million, according to a real estate transfer record posted by the state this week.