Real Estate

IT firm to move Brookfield office downtown

Logicalis, a London-based IT firm, plans to move its Brookfield office to the Pabst Professional Center, the new office building recently completed in the former Pabst brewery complex in downtown Milwaukee.

RFQ seeks ‘world class’ design for Lakefront Gateway Plaza

The City of Milwaukee, Milwaukee County Parks and a “group of local stakeholders” have issued a request for qualifications seeking a design team to create plans for a “world class public plaza” that would be created on the lakefront between Lincoln Memorial Drive and Discovery World.

Shoppes at Prairie Ridge sold as part of $318 million portfolio deal

The Shoppes at Prairie Ridge, a shopping center in Pleasant Prairie, is part of a 15-property retail real estate portfolio that Oak Brook, Ill.-based Inland Real Estate Income Trust Inc. is buying from Indianapolis-based Kite Realty Group Trust for $318 million, Inland and Kite announced today.

Oak Creek site once planned for Goodwill is listed for sale

A vacant 13.5-acre at 140 E. Rawson Ave. in Oak Creek, where Goodwill Industries of Southeastern Wisconsin once planned to build a 140,000-square-foot facility, is now listed for sale.

Online auction rescheduled for Shops of Grand Avenue

The Shops of Grand Avenue in downtown Milwaukee has again been scheduled to be sold in an online auction.

Metro Milwaukee home sales down 2.2% in August

Home sales in the four county metro Milwaukee area were down 2.2 percent in August, the eighth consecutive month of fewer home sales year-over-year, according to the latest report from the Greater Milwaukee Association of Realtors.
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Brown Deer Road strip mall sold for $1.2 million

An affiliate of Los Angeles-based Black Lion Investment Group recently purchased the 95,143-square-foot Highland Plaza strip mall at 8600 W. Brown Deer Road in Milwaukee for $1.2 million from an affiliate of Northbrook, Ill.-based Cloverleaf Group, according to state records.

Commercial Real Estate and Development Conference will focus on major projects

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

Physicians Realty Trust makes public offering, acquisitions

Milwaukee-based health care real estate investment trust Physicians Realty Trust has announced a public offering of 9 million common shares at $14 per share, for net proceeds of about $126.3 million.

Sales

Anderson CommercialWest Bend Professional Center LLC purchased a 22,500-square-foot office building at 143 S. Main St., West Bend, from...

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