Real Estate

Metro Milwaukee home sales up 3.7% in October

Home sales in the metro Milwaukee area were up 3.7 percent in October, compared to October of 2013. There were 1,487 homes sold in October in the four-county area, compared to 1,434 sold in October of 2013, according to the latest report from the Greater Milwaukee Association of Realtors.

BizTimes Bubbler Executive of the Week: Phil Callen

Phil Callen, president of Callen Construction, Inc.Address: S63 W13131 Janesville Road, MuskegoWebsite: www.callcallen.com Industry: Home improvement and remodelingEmployees: 46Family:...

Physicians Realty Trust posts third quarter loss

Milwaukee-based Physicians Realty Trust today reported a third quarter net loss of $2.3 million, or six cents lost per share, compared to a net loss of $1.4 million, or 10 cents lost per share, in the third quarter of 2013.

Last call to register for Friday’s Commercial Real Estate & Development Conference

Registration closes today for the 12th annual BizTimes Milwaukee Commercial Real Estate and Development Conference, which will be held Friday, Nov. 14, from 7:30 to 9:30 a.m. at Potawatomi Hotel & Casino in Milwaukee.

Sheboygan Sears store to close

The Sears store and Sears Auto Center at Memorial Mall in Sheboygan will close in February, a spokesman for the company said. The store has 31 employees.

Mackie Building and parking lot sold for $2.2 million

An investment group led by developer Joshua Jeffers has completed its purchase of the historic Mackie Building at 225 E. Michigan St., and an adjacent parking lot, in downtown Milwaukee.
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Wal-Mart pays $5 million to buy former Sheboygan Menards store

An affiliate of Bentonville, Ark.-based Wal-Mart Stores Inc. recently purchased the former Menards store building in the Town of Sheboygan for $5 million, according to state records.

Real estate odds and ends

Pizzeria planned in Washington HeightsWy’East Pizza LLC purchased a vacant building at 5601 W. Vliet St. in Milwaukee’s Washington...

Rock-Tenn’s Germantown building sold for $9.3 million

An affiliate of Boston-based STAG Industrial Inc. recently purchased a 202,500-square-foot industrial building in Germantown, occupied by Rock-Tenn Co., from New York-based Icahn Enterprises L.P. for $9.3 million, according to state records.

PAK Technologies to add Calumet Road facility

Milwaukee-based PAK Technologies Inc. plans to acquire a 67,000-square-foot building at 6800 W. Calumet Road in Milwaukee.

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