Real Estate

 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.

Fox Point-based real estate development firm General Capital Group is seeking a $3.2 million loan from the Milwaukee Economic Development Corp. for the 53,160-square-foot multi-tenant industrial building that it plans to build in the Century City Business Park. The total cost for the building development is estimated at $4 million.

The Wisconsin Economic Development Corp. will lift the moratorium on the historic preservation tax credit, Gov. Scott Walker announced today.

The Wisconsin Department of Transportation will fully close I-94 between WIS 100 and the Zoo Interchange from 11 p.m. on Friday, July 18 to 5:30 a.m. on Monday, July 21.

An affiliate of The Atkins Companies, a West Orange, N.J.-based real estate development, investment and management firm, recently purchased a 26,521-square-foot medical office building at 3305 S. 20th St. in Milwaukee for $5.95 million, according to state records.

Real estate development firm Irgens recently celebrated the groundbreaking of 833 East with a ceremony at the U.S. Bank Center. The 17-story office tower at 833 E. Michigan St. in downtown Milwaukee will contain 358,017 square feet of office space and cost an estimated $101.51 million to build. The general contractor for the project is Milwaukee-based CG Schmidt, Inc., and the architect is Milwaukee-based Kahler Slater.

Northwestern Mutual Life Insurance Co. wants to buy the O'Donnell Park parking structure, located near the lakefront in downtown Milwaukee, for $12.7 million, according to a report from Milwaukee County Economic Development Director Teig Whaley-Smith to the Milwaukee County Board.

Issaquah, Wash.-based Costco Wholesale Corp. plans to build a 156,000-square-foot store northeast of Moorland and Grange roads in New Berlin.

The Bon-Ton Department Stores Inc., which has corporate headquarters offices in Milwaukee and York, Pa., recently purchased the Boston Store property at Southridge Mall in Greendale from Anthony Palermo for $3.925 million, according to state records.

An affiliate of Milwaukee-based Zilber Property Group recently purchased six industrial buildings, with a total of 206,000 square feet of space, near Gen. Mitchell International Airport for $2.55 million, according to state records.