Real Estate
Stay informed on commercial real estate development, investment, and property news in the Milwaukee area.
Ferguson Enterprises to occupy building at former Yellow Freight site
Ferguson Enterprises, a distributor of residential and commercial plumbing supplies, has signed a lease to occupy a 72,000-square-foot building that Wauwatosa-based Wangard Partners Inc. plans to build at the former Yellow Freight trucking site at 11406 and 11528 W. Rogers St. in West Allis.
Former Midwest Engineering Systems HQ sold for $2.9 million
XY Pewaukee LLC, a Brookfield-based investment group, recently purchased the former Midwest Engineering Systems headquarters in Pewaukee for $2.9 million, according to state records.
Physicians Realty Trust makes public offering, acquisitions
Milwaukee-based health care real estate investment trust Physicians Realty Trust has announced a public offering of 9 million common shares at $14 per share, for net proceeds of about $126.3 million.
Midland Plastics plans expansion of New Berlin HQ facility
New Berlin-based Midland Plastics Inc., a distributor of plastic stock shapes and a manufacturer of plastic custom components, plans to build a 40,000-square-foot addition to its 75,500-square-foot facility at 5405 S. Westridge Court.
Kohl’s puts Menomonee Falls office building up for sale
Menomonee Falls-based Kohl's Corp. has put an office building up for sale that it acquired just last year.
Staples warehouse in Oak Creek sold for $17 million
An affiliate of Plymouth Meeting, Pa.-based Exeter Property Group, a real estate investment management firm, recently purchased the 279,828-square-foot Staples Inc. distribution center in Oak Creek for $17 million, according to state records.
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Uline to occupy another large Pleasant Prairie building
Pleasant Praire-based Uline, which earlier this year announced significant expansion plans in Kenosha County, also plans to occupy a large industrial building that is under construction in Pleasant Prairie.
New developer could take over Park East corridor site
A different real estate development group could take over a site in the Park East corridor, along the east side of the Milwaukee River in downtown Milwaukee.
Weimer Bearing & Transmission plans new HQ in Germantown
Weimer Bearing & Transmission plans to build a 68,390-square-foot industrial building at Mequon Road and Eisenower Drive in Germantown. The building will be the new corporate headquarters for the company. Its headquarters are currently located at W134 N5368 Campbell Dr. in Menomonee Falls.
Brookfield TownePlace Suites hotel sold for $9.6 million
An affiliate of New York-based Garrison Investment Group LP, a middle market credit and asset based investor, recently purchased the 112-room TownPlace Suites hotel in Brookfield for $9.6 million, according to state records.
