Real Estate

"There are few superlatives left to describe the 2020 real estate market," says the Greater Milwaukee Association of Realtors, in describing the performance of home sales in the metro area for last year.

Beloit-based Hendricks Commercial Properties has purchased the 112-acre St. John's Northwestern Military Academy Inc. campus in Delafield in a sale-leaseback transaction.

Chicago-area office furniture dealer Forward Space LLC has cut the ribbon on its new showroom space in Milwaukee's Harbor District.

Wauwatosa-based Wangard Partners Inc. plans to develop two industrial buildings totaling 500,000 square feet at 3617 W. Oakwood Road, in Franklin's new business park.

Milwaukee-based personal injury law firm Murphy & Prachthauser S.C. announced that it is opening an office in downtown West Bend, at 111 N. Main St., Suite 101.

The prospect of redeveloping a municipal-owned parking lot in Wauwatosa's village district drew the attention of prominent Milwaukee-area developers, who are pitching ideas that could add potentially 100-plus new residential units and new retail space to the bustling neighborhood.

Jet's Pizza is planning its fifth Milwaukee-area location, in Waukesha.

Brookfield-based Milwaukee Tool plans to nearly double the usable space in a new technology center it is building in Menomonee Falls.

Developers on more than a dozen affordable-housing projects in Milwaukee County have applied for nearly $19 million worth of tax credits.

The conversion of a historic south side Milwaukee convent into mostly senior housing could receive $720,000 in financial assistance from the city.