Real Estate

Korb Tredo Architects principals to split

The principals of Milwaukee-based architectural firm Korb Tredo Architects say they are splitting amicably to pursue new business opportunities.

Metro Milwaukee office market shows improvement in Q1

The metropolitan Milwaukee area office market showed improvement in the first quarter of 2015, according to the latest report from Colliers International|Wisconsin.

Abele buys condo in The Moderne for $2.1 million

Milwaukee County Executive Chris Abele purchased a condominium on the 29th floor of The Moderne in downtown Milwaukee for $2.1 million, according to state records.

Real estate people

Vande Zande returns to Boerke Company as partner Chad Vande Zande recently left his job as senior vice president...

Developer buys Prospect Avenue property

An affiliate of Milwaukee-based Dermond Property Investments purchased the two-story building at 2150 N. Prospect Ave. occupied by Izumi’s, a Japanese restaurant.

Meltric Corp. moves to new building

Franklin-based Meltric Corp., a manufacturer of electrical plugs and receptacles for industrial users, recently moved to a new 90,000-square-foot building at 4765 W. Oakwood Park Dr.
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Physicians Realty Trust buys Third Ward office building for $6.5 million

Milwaukee-based Physicians Realty Trust, a health care real estate investment trust, on Friday closed on a $6.5 million deal to purchase the seven-story Renaissance on Water office building in the Historic Third Ward.

Zilber to build three spec industrial buildings in region

Milwaukee-based Zilber Property Group announced today that it will break ground on three spec industrial buildings this spring in southeastern Wisconsin.

Racine gets $1 million state grant for Machinery Row redevelopment project

The City of Racine has been awarded a $1 million grant from the state’s Idle Industrial Sites Redevelopment Program, an initiative that helps help spur the redevelopment of abandoned properties throughout Wisconsin.

Aurora Health Center in Plymouth sold for $27.85 million

An affiliate of Dresher, Pa.-based American Realty Capital Healthcare Trust II Inc. recently purchased the Aurora Health Center facility in Plymouth from San Diego-based NN Eastern Wisconsin Medical Portfolio LLC for $27.85 million, according to state records.

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