Real Estate

Village of Shorewood officials will consider a proposal to provide $13.9 million in tax incremental financing for a proposed Metro Market, apartment and additional retail space development on Oakland Avenue.

Milwaukee-based health care real estate investment trust Physicians Realty Trust has named Jeff Theiler to the new position of executive vice president and chief financial officer, effective July 7.

The Wisconsin Department of Transportation and the City of Milwaukee are applying for $22 million in federal funds to help pay for the $34 million Lakefront Gateway Project.

The Bartolotta Restaurants will add a new fast-casual concept to their lineup of Milwaukee-area restaurants early next month when they open Miss Beverly's Deluxe Barbeque next-door to Joey Gerard's in the village of Greendale.

Bentley Development LLC, an affiliate of Milwaukee-based Bentley World-Packaging Ltd., recently sold a 64,980-square-foot industrial property at 5350 S. Kirkwood Ave., Cudahy, to Kirkwood Holdings LLC, d.b.a. Huron Fabrication and Machine Corp. for $1.2 million.

The Walgreens store at 4520 W. North Ave. on the north side of the City of Milwaukee closed last week.

A Burger King restaurant will open in the Ivy on Fourteenth project at 1400 W. Wells St. near the Marquette University campus.

Water Street Brewery will open a restaurant in the Drexel Town Square development in Oak Creek, officials announced Saturday at a groundbreaking ceremony for the 85-acre mixed use development.

Pleasant Prairie continues to be a hotbed of speculative industrial development. A joint venture of Milwaukee-based Wispark LLC and Oak Brook, Ill.-based CenterPoint Properties plans to build a pair of large spec industrial buildings in the Kenosha County village.

Milwaukee-based Maures Development Group LLC and CommonBond Communities have submitted a scaled-down redevelopment propsol for the former Dover Street School site at 619 E. Dover St. in the city’s Bay View neighborhood.