Real Estate

The metro Milwaukee industrial real estate market outperformed the national market during the first quarter of the year, according to the first quarter report from commercial real estate services firm Cassidy Turley.

The 18-story, $150 million hotel under construction at Potawatomi Bingo Casino in Milwaukee will enhance the facility’s offerings for meeting and events when the hotel opens this fall.

Two companies in the Village of Jackson in Washington County are planning expansions.

Wisconsin Lutheran High School will break ground on a dramatic expansion on Friday as part of a $6.7 million project aimed at enhancing the school's amenities and better blending its arts programming with other curriculum.

Home sales in Wisconsin were down 11.3 percent in March and 8.5 percent in the first quarter, but average home sale prices rose 1.9 percent to $136,500 in March, year-over-year, and prices were up 4.2 percent, to $131,250, in the first quarter compared to the first quarter of 2013, according to the latest report from the Wisconsin Realtors Association.

FedEx Ground plans to build a 202,950-square-foot distribution center on a 30-acre site on the south side of County Line Road, about one-third of a mile west of Pilgrim Road, in Menomonee Falls.

A 107-room Home2 Suites by Hilton hotel has been proposed for a site near Goerke’s Corners in the Town of Brookfield.

Northwestern Mutual Life Insurance Co. Inc. today announced the selection of the team of Gilbane Building Co. and Milwaukee-based C.G. Schmidt Inc. as the general contractor for construction of its new 1.1 million-square-foot tower and commons on Milwaukee’s lakefront.

Fox Point-based real estate development firm General Capital Group is working on a retail redevelopment plan for the Kmart store property in Hales Corners.

Home sales in metro Milwaukee for the first quarter of the year were down 10.2 percent compared to the first quarter of 2013, according to the latest report from the Greater Milwaukee Association of Realtors.