Real Estate

YMCA of Metro Milwaukee to sell real estate assets to reduce $30 million debt

To overcome a near $30 million debt, the YMCA of Metropolitan Milwaukee filed for bankruptcy today and also announced plans to sell most of its owned real estate assets.

Joy Global to establish Oak Creek facility

Milwaukee-based Joy Global Inc., the parent company of P&H Mining Equipment Inc., plans to establish a distribution facility in Oak Creek that would have more than 100 employees, according to sources.

Local group wants to redevelop Grand Avenue with major educational component

A group of Milwaukee civic and business leaders wants to buy and redevelop The Shops of Grand Avenue mall in downtown Milwaukee into a mixed-use complex with a major educational component.

General Capital plans first Reed Street Yards building

Fox Point-based real estate development firm General Capital Group is working on plans to build a four-story, 80,000-square-foot office building in the Reed Street Yards.

Costco store to anchor Menomonee Falls development

Milwaukee-based real estate development firm Cobalt Partners announced that a Costco store will anchor a mixed-use development, called Whitestone Station, that it plans to build on a 65-acre former industrial site located west of the interchange of US 41/45 and Pilgrim Road in Menomonee Falls.

411 East Wisconsin Building sold for $74.3 million

Stamford, Conn.-based Five Mile Capital Partners LLC announced today that it has purchased the 30-story 411 East Wisconsin Building in downtown Milwaukee for $74.3 million. The building was previously owned by NNN 411 East Wis 6 LLC, a tenants in common ownership group.
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Irgens plans June 18 groundbreaking for downtown office tower

Real estate development firm Irgens will host a groundbreaking ceremony on June 18 to celebrate the start of construction for 833 East, a 17-story class A office building that the firm will build at 833 E. Michigan St. in downtown Milwaukee.

DSW to move Wauwatosa store to Mayfair Collection

The DSW Designer Shoe Warehouse store at 2265 Mayfair Road in Wauwatosa will close, and will replace it with a new DSW store that will open in an 18,072-square-foot space in the Mayfair Collection development northeast of U.S. Highway 45 and Burleigh Road, also in Wauwatosa.

New construction

Miron Construction Co. Inc. was recently awarded three projects with the University of Wisconsin-Milwaukee: a $1.4 million project for...

Sales

Mid-America Real EstateSummit Credit Union purchased a 0.85-acre site in the Shoppes at Wyndham Village in Franklin.Siegel-GallagherMayfair Milwaukee purchased...

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