Real Estate
Stay informed on commercial real estate development, investment, and property news in the Milwaukee area.
Oak Creek site once planned for Goodwill is listed for sale
A vacant 13.5-acre at 140 E. Rawson Ave. in Oak Creek, where Goodwill Industries of Southeastern Wisconsin once planned to build a 140,000-square-foot facility, is now listed for sale.
Metro Milwaukee home sales down 2.2% in August
Home sales in the four county metro Milwaukee area were down 2.2 percent in August, the eighth consecutive month of fewer home sales year-over-year, according to the latest report from the Greater Milwaukee Association of Realtors.
Brown Deer Road strip mall sold for $1.2 million
An affiliate of Los Angeles-based Black Lion Investment Group recently purchased the 95,143-square-foot Highland Plaza strip mall at 8600 W. Brown Deer Road in Milwaukee for $1.2 million from an affiliate of Northbrook, Ill.-based Cloverleaf Group, according to state records.
Online auction rescheduled for Shops of Grand Avenue
The Shops of Grand Avenue in downtown Milwaukee has again been scheduled to be sold in an online auction.
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.
Third Ward Kimpton hotel to break ground by end of year
San Francisco-based Kimpton Hotels & Restaurants announced today that construction will begin by the end of the year on the 158-room boutique hotel that it will open at the northeast corner of Broadway and Chicago Street in Milwaukee's Historic Third Ward neighborhood.
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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.
Three Milwaukee area Pick ‘n Save stores to close
Milwaukee-based Roundy’s Supermarkets Inc. notified the state this week that it plans to close three Pick ‘n Save stores in Milwaukee, West Allis and Saukville, which will result in a total of 226 job losses.
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.
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.
