Real Estate

Pleasant Praire-based Uline, which recently announced plans to double the size of its corporate headquarters campus and add 500 jobs there, this week announced that it will also move its Midwest distribution center operations from Waukegan, Ill. to Kenosha. That move will bring an additional 475 jobs to Kenosha County.

Boston-based STAG Industrial Inc. recently purchased a 149,600-square-foot industrial building at 2761 Buell Dr. in East Troy for $6,935,750, according to state records.

Pieper Properties is converting some vacant floors in the Mayer Building, located at the southeast corner of St. Paul Avenue and Water Street in Milwaukee Historic Third Ward, from commercial space into residential apartments.

M.C. Preparatory School of Wisconsin Inc., an affiliate of Milwaukee College Prep, a K-8 public charter school, recently purchased the Northside YMCA at 1350 W. North Ave., Milwaukee, for $5 million, according to state records.

The Milwaukee area office real estate market posted strong results in the second quarter with 233,909 square feet of positive absorption, which helped lower the vacancy rate to 18.98 percent, according to the latest report from Xceligent and the Commercial Association of Realtors Wisconsin.

The Milwaukee area industrial real estate market’s strong performance of recent years continued during the second quarter with 813,406 square feet of positive absorption, while the vacancy rate dipped from 6.71 percent to 6.05 percent, according to the latest report from Xceligent and the Commercial Association of Realtors Wisconsin.

After negative absorption of 263,641 square feet of space during the first quarter, the Milwaukee area retail real estate market improved and posted positive absorption of 115,562 square feet of space during the second quarter, according to the latest report from Xceligent and the Commercial Association of Realtors Wisconsin.

CBRERabbit Tracks LLC purchased 12,000 square feet of space at 7435 S. Howell Ave., Oak Creek, from Union Building...

CBREJoy Global Surface Mining Inc. leased 305,065 square feet of space at 10001 S. Howell Ave., Oak Creek, from...

By the slimmest of margins, home sales in the metro Milwaukee area in June continued to lag behind the 2013 pace. The area's 1,924 home sales for the month was only one behind June of 2013, according to the latest report from the Greater Milwaukee Association of Realtors.