Real Estate
In addition to these stories, check out our real estate data tool for agricultural, commercial, manufacturing, and multi-family real estate transactions over the past 30 days.
Developer shifts gears for Pabst building redevelopment
New York-based Whitestone Realty Capital LLC, which has been working on plans to redevelop the former malt house and grain warehouse buildings at the former Pabst brewery complex in downtown Milwaukee, has changed its plans for the project.
Spec office building planned in Pewaukee
Interstate Partners LLC has submitted preliminary plans to build a two-story, 25,352-square-foot speculative office building south of Watertown Road between Highway 164 and Highway F in the City of Pewaukee.
NML wants to buy O’Donnell Park parking structure for $12.7 million
Northwestern Mutual Life Insurance Company wants to buy the O’Donnell Park parking structure, located near the lakefront in downtown Milwaukee, for $12.7 million, according to a report from Milwaukee County Economic Development Director Teig Whaley-Smith to the Milwaukee County Board.
South side medical office building sold for $5.95 million
An affiliate of The Atkins Companies, a West Orange, N.J.-based real estate development, investment and management firm, recently purchased a 26,521-square-foot medical office building at 3305 S. 20th St. in Milwaukee for $5.95 million, according to state records.
Uline plans another distribution center and office building in Kenosha County
Pleasant Praire-based Uline, which recently announced plans to double the size of its corporate headquarters campus and add 500 jobs there, this week announced that it will also move its Midwest distribution center operations from Waukegan, Ill. to Kenosha. That move will bring an additional 475 jobs to Kenosha County.
East Troy industrial building sold for $6.9 million
Boston-based STAG Industrial Inc. recently purchased a 149,600-square-foot industrial building at 2761 Buell Dr. in East Troy for $6,935,750, according to state records.
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Pieper Properties converting part of Third Ward building to apartments
Pieper Properties is converting some vacant floors in the Mayer Building, located at the southeast corner of St. Paul Avenue and Water Street in Milwaukee Historic Third Ward, from commercial space into residential apartments.
Milwaukee College Prep buys Northside YMCA for $5 million
M.C. Preparatory School of Wisconsin Inc., an affiliate of Milwaukee College Prep, a K-8 public charter school, recently purchased the Northside YMCA at 1350 W. North Ave., Milwaukee, for $5 million, according to state records.
Milwaukee area office market gains strength
The Milwaukee area office real estate market posted strong results in the second quarter with 233,909 square feet of positive absorption, which helped lower the vacancy rate to 18.98 percent, according to the latest report from Xceligent and the Commercial Association of Realtors Wisconsin.
Milwaukee area industrial market continues strong performance
The Milwaukee area industrial real estate market’s strong performance of recent years continued during the second quarter with 813,406 square feet of positive absorption, while the vacancy rate dipped from 6.71 percent to 6.05 percent, according to the latest report from Xceligent and the Commercial Association of Realtors Wisconsin.
