Real Estate

Marquette University, in Milwaukee, will break ground on its new residence for the college’s Jesuit priest community on Friday.

Northwestern Mutual Life Insurance Co. announced today that it will host a groundbreaking ceremony on Tuesday, Aug. 26 to celebrate the start of construction for its Northwestern Mutual Tower and Commons project at its corporate headquarters campus in downtown Milwaukee.

The Wisconsin Women's Business Initiative Corp. will move its Milwaukee office to the Schlitz Park office complex. WWBIC has signed a lease for 9,000 squasre feet of space in the River Center building at 1555 River Center Drive in the former Schlitz brewery complex just north of downtown Milwaukee.

Premier Real Estate Management LLC, an apartment management and development company, plans to build a new 11,141-square-foot, two-story office building on a 2.3-acre site at 3120 Gateway Road in the Gateway West Office Park in Brookfield.

A long vacant site in the Menomonee Valley where Lakefront Brewery Inc. had recently considered plans to build a brewery, and where Allen Edmonds Corp. several years ago had planned to build a factory, has been put on the market for sale.

Wauwatosa-based real estate development firm Wangard Partners Inc. plans to build a two-building, $14 million industrial space development on the former Yellow Freight Truck terminal sites at 11525 and 11406 W. Rogers St. in West Allis.

Milwaukee’s Lakefront Brewery will spend $1.2 million to expand its cold storage and distribution warehouse to keep up with increasing production.

The two Red Lobster restaurants in Milwaukee County, one located in Wauwatosa and the other in Greenfield, sold recently for a combined $9.5 million, according to state records.

Milwaukee-based investment group DEV Group LLC recently purchased the 80-room Comfort Suites hotel in Delavan for $2.25 million, according to state records.

A 36-unit residential development is under construction at 1809 N. Cambridge Ave. on Milwaukee's East Side.