Real Estate

Uline purchased a 20-acre site from the Village of Pleasant Prairie, where the company plans to build a new office building, for $4.4 million, according to state records.

The former Porterhouse Restaurant building, located at 800 W. Layton Ave. in Milwaukee near Mitchell International Airport, will be sold at auction by Micoley.com.

Deerfield, Ill.-based Walgreen Co. plans to close its store at 8488 W. Brown Deer Road, in Milwaukee, on June 18.
Last year the company closed its store at 4520 W. North Ave. in Milwaukee.

Head of the Herd LLC, whose managing members include the majority owners of the Milwaukee Bucks, has pledged to meet the objectives of Milwaukee County’s Park East Redevelopment Compact (PERC) in its $400 million development proposal for the Park East corridor, according to a report from Milwaukee County economic development director James Tarantino.

The number of condo sales in downtown Milwaukee rose 3 percent in 2014, compared to 2013, and prices for downtown condo sales were up 1.8 percent, according to a new report from the Greater Milwaukee Association of Realtors.

As the Wisconsin Legislature prepares to give final consideration to the proposed $250 million in public financing for a new arena in downtown Milwaukee, a new economic impact paper by a prominent Marquette University economist found that the Milwaukee Bucks' proposed sports and entertainment district could yield approximately 2,100 permanent non-construction, non-arena jobs.

Menasha-based electrical, engineering and technology systems contractor Faith Technologies has announced it will hire 800 full-time employees across its 14 national locations by September.

Mequon Town Center, the development by WiRED Properties and Shaffer Development at the northeast corner of Mequon Road and Cedarburg Road in Mequon will open in July.

Foreclosure rates in the Milwaukee-Waukesha-West Allis area decreased for the month of March over the same period last year, according to newly released data from Irvine, Calif.-based CoreLogic.

Foreclosure rates in the Milwaukee-Waukesha-West Allis area decreased for the month of March over the same period last year, according to newly released data from Irvine, Calif.-based CoreLogic.