Real Estate

An office building on the lakefront in St. Francis appears to be the leading candidate to land the Milwaukee-area FBI office, according to commercial real estate sources.

Cole Capital, the Phoenix, Ariz.-based private capital management business of American New York-based Realty Capital Properties Inc., recently purchased the 55,000-square-foot Pick ‘n Save store building at 1405 Capitol Dr. in Pewaukee for $9 million, according to state records.

Good Foods Group LLC, which moved its corporate headquarters and production operations last year from Chicago to Pleasant Prairie now plans to expand in the Kenosha County village.

Another Illinois company is making plans to move to Kenosha County. Quest Products Inc., a Gurnee, Ill.-based consumer packaged goods company, plans to move to Pleasant Prairie.

Rogers Memorial Hospital recently purchased a medical office building in Oconomowoc that was formerly occupied by ProHealth Care, and plans to shift its outpatient treatment program there from its existing Oconomowoc facility.

Wisconsin Lutheran College announced Thursday that it plans to build a $5.5 million, 360-space parking structure on its campus, which is located on the border of Milwaukee and Wauwatosa.

Green Bay-based Associated Bank on Tuesday formally announced plans to open a new branch at 102 N. Water St. in Milwaukee’s Historic Third Ward neighborhood.

Intermedix Corp., a provider of technology-enabled health and safety solutions, will move its Milwaukee office to the Schlitz Park office complex north of downtown Milwaukee.

Alpine Valley Music Theatre, a 37,000-seat outdoor concert venue on a 198-acre site near East Troy, is for sale. The asking price is $8,437,500, according to Stan Johnson Company, which says Alpine Valley is the second largest amphitheater in the U.S.

Northwestern Mutual Life Insurance Co. hosted a celebration Tuesday to mark the end of demolition work and the start of construction work for the $450 million, 32-story, 1.1 million-square-foot Northwestern Mutual Tower and Commons office building on its downtown Milwaukee campus.