Real Estate

City selling foreclosed properties to nonprofits for $1

Nonprofit organizations looking for a home in Milwaukee now have an opportunity to purchase city-owned, tax-foreclosed properties for $1, thanks to legislation approved by the Milwaukee Common Council on Tuesday.

US Bank parking structure remains closed

About 1,000 downtown employees have been finding a new place to park this week. The US Bank parking structure at 716 E. Clybourn St. has been closed since Tuesday because of a concern about the movement of a wall.

Jo Cat’s Pub plans expansion on Brady Street

Jo Cat’s Pub, located at 1311 E. Brady St. on Milwaukee’s East Side, plans to expand and renovate. The owner of the tavern JoeyC’s Inc. is seeking approval for the building alternation plans from the city’s Historic Preservation Commission.

Days Inn hotels in Oak Creek and Glendale sold and converted to Motel 6

The 107-room Days Inn hotel at 1201 W. College Ave. in Oak Creek and the 122-room Days Inn hotel at 5485 N. Port Washington Road, Glendale, were sold recently and have been converted to the Motel 6 hotel flag.

Posner Building sold to developer for $3.4 million

An affiliate of Milwaukee-based HKS Holdings LLC recently purchased the 106-year-old Posner Building at 152 W. Wisconsin Ave. in downtown Milwaukee for $3.4 million from an affiliate of Mo’s Restaurants.

Energy saving renovations planned for University Club building

Milwaukee-based PACE Equity LLC, a property assessed clean energy project originator, today announced the first PACE project in the state: a $1.9 million renovation of the University Club building at 924 E. Wells St in downtown Milwaukee.
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Commercial Real Estate and Development Conference will focus on major projects

A panel of local developers working on some of the most transformative development projects in southeastern Wisconsin will highlight the 12th annual BizTimes Milwaukee Commercial Real Estate and Development Conference.

Sales

CBREArts Senior Livings of Mequon LLC purchased 4.85 acres of land at 11900 N. Port Washington Road, Mequon, from...

Leases

CBREGoodwill Retail Services Inc. leased 88,492 square feet of space at 8201 109th St., Pleasant Prairie, from Centerpoint 8201...

Cassidy Turley to be merged into DTZ

Washington, D.C.-based Cassidy Turley, a commercial real estate services provider whose Milwaukee affiliate is Cassidy Turley Barry, announced this week that it has entered into an agreement with an affiliate of DTZ Investment Holdings, backed by TPG, PAG Asia Capital and Ontario Teachers’ Pension Plan (the consortium that agreed to acquire DTZ), to sell 100 percent of the equity interests of Cassidy Turley.

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