Real Estate

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.

Marquette University’s College of Engineering dean, Robert Bishop, Ph.D., has resigned to become dean of the University of South Florida’s College of Engineering.

Milwaukee County Supervisor Michael Mayo Sr. is questioning the proposed $14 million sale of the O'Donnell Park parking structure to Northwestern Mutual Life Insurance Co. Inc., saying it may not generate enough revenue for Milwaukee County.

HellermannTyton Corp. is seeking a $10 million loan from the Milwaukee Economic Development Corp. for the ongoing expansion of its facility at 6701-11 W. Good Hope Road in Milwaukee.

On behalf of our nearly 600-strong city and village members of the League of Wisconsin Municipalities, I applaud Gov. Scott Walker lifting the moratorium on the Historic Preservation Tax Credit on buildings certified by the State Historical Society and the National Park Service as “Historic.”