Real Estate

Seattle-based Nordstrom Inc. recently purchased the site at Mayfair Mall in Wauwatosa where it is building a new department store.

Marquette University, in Milwaukee, will break ground on its new residence for the college’s Jesuit priest community on Friday.

Saginaw, Mich.-based Central Property Development Inc. recently purchased the corporate headquarters office building for Batteries Plus LLC in Hartland for $3.85 million, according to state records.

Siepmann Realty Corp. plans to build a two-story, 10,000-square-foot building with retail or restaurant space on the first floor and office space on the upper floor at 125 W. Wisconsin Ave. in downtown of the Village of Pewaukee.

Milwaukee-based real estate investment trust Physicians Realty Trust today reported a second quarter net loss of $600,000, or 2 cents per share, compared to a net loss of $283,000 in the second quarter of 2013.

Diamond Marketing LLC, a firm that designs and manufactures point of purchase displays, is in the process of moving its corporate headquarters from Mequon to West Bend.

Wauwatosa-based real estate development firm Wangard Partners Inc. plans to build a two-building, $14 million industrial space development on the former Yellow Freight Truck terminal sites at 11525 and 11406 W. Rogers St. in West Allis.

The two Red Lobster restaurants in Milwaukee County, one located in Wauwatosa and the other in Greenfield, sold recently for a combined $9.5 million, according to state records.

Home sales in the four county metro Milwaukee area continue to lag behind the 2013 pace.

Premier Real Estate Management plans new HQ in Brookfield Premier Real Estate Management LLC, an apartment management and development...