Real Estate
Stay informed on commercial real estate development, investment, and property news in the Milwaukee area.
Oak Creek office building sold for $2.88 million
An affiliate of Newport Beach, Calif.-based Sabal Financial Group LP recently purchased the three-story, 48,000-square-foot Ryan Professional Center office building at 200 E. Ryan Road in Oak Creek, according to state records.
Menomonee Falls buys site of rejected waste processing operation from Advanced Waste Services
The Village of Menomonee Falls recently purchased a 21.6-acre site at W140 N5998 Lilly Road in the village, where West Allis-based Advanced Waste Services Inc. wanted to move its ChemWorks industrial waste processing business from the west side of the City of Milwaukee.
Scion Dental buys office building in Menomonee Falls
An affiliate of Menomonee Falls-based Scion Dental, a dental benefits administration firm, recently purchased the 57,137-square-foot office building at W140 N8981 Lilly Road in Menomonee Falls.
B&B planned near Alverno
A former nuns dormitory near Alverno College on Milwaukee’s south side would be converted into a bed and breakfast inn, according to a plan submitted to the city by Guangfu Jia.
Apartment development planned near Rockwell Automation HQ
A three-building, 40-unit, market-rate apartment development is planned just north of the Rockwell Automation corporate headquarters in Milwaukee’s Walker’s Point neighborhood.
JCPenney to close Racine store
The JCPenney store at Regency Mall in Racine will close during the first quarter of 2015, a spokesman for the company said.
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Sales
CBRECalson Group LLC purchased 25,964 square feet of space at 13255 W. Hampton Road, Brookfield, from Hampton Metcalfe LLC.JR...
Leases
CBREDigicorp Inc. leased 11,732 square feet of space at 3315 N. 124th St., Brookfield, from Stone Properties.Prolitec Inc. leased...
Multi-tenant industrial building in West Milwaukee sold for $900,000
Local real estate investor Paul Weaver purchased the 24,000-square-foot multi-tenant industrial building at 4545 W. Burnham St., West Milwaukee, from Samuel Check Family Trust for $900,000.
Gravity Marketing plans new Walker’s Point office and event venue
Gravity Marketing LLC, a marketing and events firm located at 305 N. Plankinton Ave. in the Pritzlaff Building near downtown Milwaukee, plans to establish a new office and event venue in the city’s Walker’s Point neighborhood.