Real Estate

Third Ward Kimpton hotel to break ground by end of year

San Francisco-based Kimpton Hotels & Restaurants announced today that construction will begin by the end of the year on the 158-room boutique hotel that it will open at the northeast corner of Broadway and Chicago Street in Milwaukee's Historic Third Ward neighborhood.

Leases

Anderson CommercialTamarack Waldorf School Inc. leased a 18,070-square-foot building at 2628 N. Dr. Martin Luther King Jr. Dr., Milwaukee,...

Brookfield TownePlace Suites hotel sold for $9.6 million

An affiliate of New York-based Garrison Investment Group LP, a middle market credit and asset based investor, recently purchased the 112-room TownPlace Suites hotel in Brookfield for $9.6 million, according to state records.

Real estate odds and ends

Industrial building in Menomonee Falls sold for $4.5 millionBeloit-based Hendricks Commercial Properties LLC recently purchased a 66,000-square-foot industrial building...

Three Milwaukee area Pick ‘n Save stores to close

Milwaukee-based Roundy’s Supermarkets Inc. notified the state this week that it plans to close three Pick ‘n Save stores in Milwaukee, West Allis and Saukville, which will result in a total of 226 job losses.

Weimer Bearing & Transmission plans new HQ in Germantown

Weimer Bearing & Transmission plans to build a 68,390-square-foot industrial building at Mequon Road and Eisenower Drive in Germantown. The building will be the new corporate headquarters for the company. Its headquarters are currently located at W134 N5368 Campbell Dr. in Menomonee Falls.
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Kohl’s puts Menomonee Falls office building up for sale

Menomonee Falls-based Kohl’s Corp. has put an office building up for sale that it acquired just last year.

Midland Plastics plans expansion of New Berlin HQ facility

New Berlin-based Midland Plastics Inc., a distributor of plastic stock shapes and a manufacturer of plastic custom componens, plans to build a 40,000-square-foot addition to its 75,500-square-foot facility at 5405 S. Westridge Ct.

Staples warehouse in Oak Creek sold for $17 million

An affiliate of Plymouth Meeting, Pa.-based Exeter Property Group, a real estate investment management firm, recently purchased the 279,828-square-foot Staples Inc. distribution center in Oak Creek for $17 million, according to state records.

Former Midwest Engineering Systems HQ sold for $2.9 million

XY Pewaukee LLC, a Brookfield-based investment group, recently purchased the former Midwest Engineering Systems headquarters in Pewaukee for $2.9 million, according to state records.

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