Real Estate

Four construction teams asked to bid for Northwestern Mutual tower project

Northwestern Mutual Life Insurance Co. announced today that it has asked four construction teams to submit proposals to be the general contractor for the $450 million Northwestern Mutual Tower and Commons project at its downtown Milwaukee corporate headquarters campus.

Former Plunkett Raysich president dies

Jim Plunkett, the former president of Milwaukee-based Plunkett Raysich Architects LLP and the son of company founder Henry Plunkett, died last week at his home in River Hills. He was 81.

Physicians Realty Trust posts loss

Milwaukee-based health care real estate investment trust Physicians Realty Trust today reported a net loss of $638 million in the fourth quarter, compared to a loss of $1.2 billion in the fourth quarter of 2012.

Demand drives Unico to increase addition size

Unico Inc. is moving equipment into its completed headquarters building expansion in Franksville, which ended up being larger than planned.

Sales

NAI MLG CommercialBauer/Kunes LLC purchased 20,380 square feet of space at 1145 E. Geneva St., Delavan, from Roger Willemsen...

Leases

CBREMontage leased 8,759 square feet of space, Badger Orthotics LLC leased 3,892 square feet of space, Delafield Design Gallery...
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Real estate odds and ends

Ogden Avenue apartment building sold for $1.9 millionMilwaukee-based Ernst on Ogden LLC purchased a 112-year-old, 29-unit apartment building at...

Tempt opens New Berlin Design Center

Tempt In-Store Productions, part of Sussex-based Quad/Graphics Inc., has leased a 205,000-square-foot building in New Berlin to house a North American Design Center.

Mandel Group completes lease-up of North End’s second phase, Shorewood project

Milwaukee-based multi-family residential development firm Mandel Group Inc. announced today that it has completed the lease-up of its latest apartment developments, the second phase of the North End development near downtown Milwaukee and the LightHorse 4041 development in Shorewood.

Nelson Schmidt revitalizes Wisconsin Avenue building

A café that will open soon in the first floor of Nelson Schmidt Inc. office building could become a new destination for people who work in downtown Milwaukee.

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