Real Estate

Hal Leonard HQ building sold for $6.8 millionAn affiliate of Milwaukee-based Hal Leonard Corp. sold the company’s corporate headquarters...

Archie Realty LLC, an affiliate of Watertown-based Archie Monument & Stone, recently purchased three office buildings, totaling 72,419 square feet of space, at 19265, 19275 and 19395 W. Capitol Dr., Brookfield, from an affiliate of Greenwich, Conn.-based Starwood Capital Group.

An affiliate of Atlanta-based RCG Ventures purchased 40 acres of land, 26 of which is developable, at Somers Market Center in the Town of Somers in Kenosha County.

Hurt by Sears and Pick ‘n Save store closures, the southeastern Wisconsin retail real estate market had negative absorption of 171,351 square feet of space during the fourth quarter of 2014, according to the latest quarterly report from Xceligent and the Commercial Association of Realtors Wisconsin.

The southeastern Wisconsin industrial real estate market posted its 18th consecutive quarter of positive absorption during the fourth quarter of 2014, according to the latest quarterly report from Xceligent and the Commercial Association of Realtors Wisconsin.

The southeastern Wisconsin office real estate market absorbed 510,657 square feet of space in 2014, including 85,898 square feet in the fourth quarter, according to the latest quarterly report from Xceligent and the Commercial Association of Realtors Wisconsin.

Home sales in the four county metro Milwaukee area were up 6.6 percent, compared to December of 2013, to 1,252 homes sold, according to the latest report from the Greater Milwaukee Association of Realtors.

The Federal Home Loan Bank of Chicago has awarded $2.2 million in grants to BMO Harris Bank to fund six affordable housing projects in Wisconsin through the Affordable Housing Project program.

An affiliate of Atlanta-based RCG Ventures purchased 40 acres of land, 26 of which is developable, at Somers Market Center in the Town of Somers in Kenosha County.

An affiliate of Milwaukee-based Hal Leonard Corp. sold the company’s corporate headquarters office building to an affiliate of Rochester, N.Y.-based Broadstone Real Estate LLC for $6.8 million, according to state records.