Real Estate

An affiliate of Inland Real Estate Income Trust, a real estate investment trust sponsored by Oak Brook, Ill.-based Inland Real Estate Investment Corp., recently purchased a four-building shopping center, anchored by a Pick ‘n Save store, in West Bend for $19.1 million, according to state records.

Boston-based STAG Industrial recently purchased a 81,500-square-foot industrial building at 5150 S. Towne Dr., New Berlin, for $4,275,000, according to state records.

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.

The Wisconsin Department of Transportation is preparing drivers for a full closure of Interstate 94 this weekend.

New York-based Whitestone Realty Capital LLC, which has been working on plans to redevelop the former malt house and grain warehouse buildings at the former Pabst brewery complex in downtown Milwaukee, has changed its plans for the project.

Interstate Partners LLC has submitted preliminary plans to build a two-story, 25,352-square-foot speculative office building south of Watertown Road between Highway 164 and Highway F in the City of Pewaukee.

Northwestern Mutual Life Insurance Company 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.

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.

Pleasant Praire-based Uline, which recently announced plans to double the size of its corporate headquarters campus and add 500 jobs there, this week announced that it will also move its Midwest distribution center operations from Waukegan, Ill. to Kenosha. That move will bring an additional 475 jobs to Kenosha County.

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.