Real Estate

Milwaukee College Prep buys Northside YMCA for $5 million

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.

Milwaukee area office market gains strength

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.

Milwaukee area industrial market continues strong performance

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.

Milwaukee area retail market improves in second quarter

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.

Sales

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

Leases

CBREJoy Global Surface Mining Inc. leased 305,065 square feet of space at 10001 S. Howell Ave., Oak Creek, from...
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Metro area home sales down a tad in June

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 engineering dean departs

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.

Mayo questions sale price of O’Donnell Park structure

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 seeks $10 million MEDC loan for bigger expansion

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.

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