Real Estate

MU buys Zilber property for $5.25 million

As part of Marquette University’s seven-acre expansion, announced recently by new president Michael Lovell, the university has purchased two buildings on 2.3 acres from Zilber Property Group for $5.25 million, according to state records.

API Healthcare HQ sold for $13 million

An affiliate of Glen Allen, Va.-based Morse Capital Partners recently purchased the two-story, 73,756-square-foot API Healthcare corporate headquarters office building at 1550 Innovation Way in Hartford for $13 million, according to state records.

Ryan Cos. seeks TIF for proposed Oak Creek industrial development

Ryan Companies U.S. Inc. plans to build a 230,000-square-foot industrial space development on a 23-acre site in Oak Creek and is seeking tax incremental financing assistance for the project from the city.

Kenosha Uptown Brass Pick ‘n Save store sold for $9.25 million

Wauwatosa-based Wangard Partners recently sold the Pick ‘n Save grocery store in the Uptown Brass Center in Kenosha to a Michigan-based firm for $9.25 million, according to state records.

City selling foreclosed properties to nonprofits for $1

Nonprofit organizations looking for a home in Milwaukee now have an opportunity to purchase city-owned, tax-foreclosed properties for $1, thanks to legislation approved by the Milwaukee Common Council on Tuesday.

US Bank parking structure remains closed

About 1,000 downtown employees have been finding a new place to park this week. The US Bank parking structure at 716 E. Clybourn St. has been closed since Tuesday because of a concern about the movement of a wall.
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Commercial Real Estate and Development Conference will focus on major projects

A panel of local developers working on some of the most transformative development projects in southeastern Wisconsin will highlight the 12th annual BizTimes Milwaukee Commercial Real Estate and Development Conference.

Sales

CBREArts Senior Livings of Mequon LLC purchased 4.85 acres of land at 11900 N. Port Washington Road, Mequon, from...

Leases

CBREGoodwill Retail Services Inc. leased 88,492 square feet of space at 8201 109th St., Pleasant Prairie, from Centerpoint 8201...

Cassidy Turley to be merged into DTZ

Washington, D.C.-based Cassidy Turley, a commercial real estate services provider whose Milwaukee affiliate is Cassidy Turley Barry, announced this week that it has entered into an agreement with an affiliate of DTZ Investment Holdings, backed by TPG, PAG Asia Capital and Ontario Teachers’ Pension Plan (the consortium that agreed to acquire DTZ), to sell 100 percent of the equity interests of Cassidy Turley.

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