Real Estate

Mandel Group secures $53 million in financing for North End’s third phase

Milwaukee-based Mandel Group Inc. announced Tuesday that it has closed on financing for the third phase of its North End developmet in downtown Milwaukee, raising $53 million to develop a six-story mixed use building at the corner of North Water and East Pleasant streets.

Sales

NAI MLG Commercial76th Street Industrial LLC purchased 70,000 square feet of space at 6000-20 N. 76th St., Milwaukee, from...

Leases

CBREStarX Inc. leased 39,630 square feet of space at 16150 W. Lincoln Ave., New Berlin, from 16150 West Lincoln...

Commercial Real Estate and Development Conference will focus on major projects

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

Zimmerman to own minor league baseball team in Indiana

Mike Zimmerman, the developer of The Rock Sports Complex in Franklin and the owner of the Milwaukee Wave, will be the owner of a new minor league baseball team in Kokomo, Indiana.

First phase of rebuilt airport baggage claim area opens Wednesday

The first phase of the $45 million Mitchell International Airport baggage claim area renovation project will open to the public on Wednesday.
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Developer buys Pleasant Prairie site for $4.2 million

An affiliate of Rosemont, Ill.-based Venture One Real Estate LLC recently purchased a 248.4-acre site in Pleasant Prairie for $4.2 million, according to state records.

Franklin commercial building sold for $5.1 million

A 15,459-square-foot commercial building in Franklin, anchored by BMO Harris Bank, was sold recently to an affiliate of York, Pa.-based Bank Realty LP for $5.1 million, according to state records.

Dynamic Tool & Design expands plant

Dynamic Tool & Design Inc. announced the completion of a new technology center at its plant in Menomonee Falls.

Milwaukee Public Library seeks development partners

The Milwaukee Public Library is seeking private sector real estate development partners to do mixed-use developments of library sites, similar to projects done for the Villard Square Branch and for the East Branch on North Avenue, which is part of HSI Properties' The Standard at East Library project that is under construction.

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