Real Estate

Real Estate Weekly: New building planned in Oak Creek for Stella and Chewy’s

Stella & Chewy's LLC, a producer of natural pet food for dogs and cats, plans to move its operations from Milwaukee to a new 160,000-square-foot industrial building that is planned in the OakView Business Park in Oak Creek.

Grunau to receive Lifetime Achievement Award

Commercial real estate developer and community advocate Gary Grunau will receive the 2014 BizTimes Bravo! Entrepreneur Lifetime Achievement Award.

Laacke & Joys buys Brookfield building for manufacturing operations

An affilate of Laacke & Joys Co. recently purchased a 51,000-square-foot industrial building in Brookfield currently occupied by a Pella Windows & Doors operation. Laacke & Joys plans to move its manufacturing operations to the building from downtown Milwaukee.

Metro Milwaukee real estate market froze in February

Area home buyers hibernated in February as bitter cold weather hit the region. Home sales in the four-county metro Milwaukee area were down 10.1 percent in February compared to February of 2013, according to the latest report from the Greater Milwaukee Association of Realtors.

Falls Plaza sold in sheriff’s sale

Falls Plaza, a 124,636-square-foot shopping center in Menomonee Falls that had been in foreclosure, was recently sold in a sheriff’s sale to Kansas City, Mo.-based Mission Peak Capital. The property was sold by Horsham, Penn.-based Falls Plaza Venture LLC.

Zilber sells two area buildings to Minnesota firm for $12.7 million

Milwaukee-based Zilber Ltd. recently sold a pair of industrial buildings in the Milwaukee area to Minneapolis-based Founders Properties LLC for $12.7 million, according to state records.
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Pierce Engineers buys Walker’s Point building for $1.15 million

An affiliate of Pierce Engineers Inc., a structural engineering firm currently located in Milwaukee's Historic Third Ward, recently purchased the former Kramer Foundry building in Walker's Point for $1.15 million, according to state records.

New construction

Brookfield-based Briohn Building Corp. has been contracted to complete the design and construction of a 5,000-square-foot office space renovation...

Leases

Colliers International|WisconsinSunshine Spa leased 1,500 square feet of retail space at 2810-50 W. Rawson Ave., Oak Creek.NAI MLG CommercialCenters...

Another spec industrial building planned in Racine County

Caledonia-based Jon Hendersen Real Estate Inc. plans to build a 37,200-square-foot speculative industrial building in a 36-acre business park that it is developing southwest of I-94 and 6 ½ Mile Road in the Town of Raymond in Racine County.
About 7,000 square feet of space in the building will be occupied by ClearCom Inc., which will move there from Racine. The remaining 30,000 square feet of space in the building, which will be built on a 3-acre lot, is available for lease. Construction of the building is expected to begin this summer, said Jon Hendersen.

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