Real Estate

An affiliate of Wangard Partners Inc. recently purchased a 9.4-acre site at 1201/1215 N. 62nd St. in Wauwatosa for $2.265 million from an affiliate of Northbrook, Ill.-based Learsi & Co. Inc., according to state records.

The University of Wisconsin-Madison College of Engineering will be outfitted with a new research institute focused on tackling technological challenges across disciplines, thanks to a $25 million gift from The Grainger Foundation.

Milwaukee-based Aurora Health Care has opened its two new medical facilities in Kenosha, Aurora Cancer Care and Aurora Health Center.

HSA Bank, a division of Waterbury, Conn.-based Webster Bank, will relocate its Milwaukee area office from Bayshore Town Center in Glendale to Schlitz Park in downtown Milwaukee. The move will bring 100 HSA Bank employees to downtown Milwaukee.

General Capital buys Bluemound Road retail buildings An affiliate of Fox Point-based real estate firm General Capital Group recently...

Milwaukee-based Joy Global Inc., a manufacturer of mining equipment and the parent company of P&H Mining Equipment Inc., last week announced its plans to establish a warehouse and distribution center operation in a 300,000-square-foot building in Oak Creek.

A construction project office and a model hotel room for the Third Ward Kimpton hotel project is being built at 311 E. Chicago St., across the street from the hotel site.

Developer Rick Barrett, the owner of Barrett Visionary Development, said this week that he has dropped plans for a hotel in the 44-story The Couture development that he plans to build near the lakefront in downtown Milwaukee.

Milwaukee-based Jackson Street Management LLC plans to build a 200-room Westin hotel on a vacant lot south of the U.S. Bank Center at 777 E. Wisconsin Ave. in downtown Milwaukee.

Irgens will host a groundbreaking ceremony today to celebrate the start of demolition work for 833 East, the 17-story office tower that it will build at 833 E. Michigan St. in downtown Milwaukee.