Real Estate

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.

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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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...

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