Real Estate

Colliers InternationalMaster Lock leased 9,316 square feet of office space at 135 W. Forest Hill, Oak Creek.Arcadis U.S. Inc....

A proposed redevelopment project for the Posner Building, located at 152 W. Wisconsin Ave. in downtown Milwaukee, would create 105 apartments and “extensive retail space,” according to an announcement from the City of Milwaukee.

The Herzfeld Foundation is giving a $500,000 grant to the Milwaukee Repertory Theater to help pay for repairs to its sinking building northeast of Wells Street and the Milwaukee River in downtown Milwaukee.

Value Hospitality Inc., a group led by Pat Kasthurirangaian, the general manager of the Hotel of the Arts Days Inn & Suites near downtown Milwaukee, recently purchased the 96-room Milwaukee Airport Inn, located at 1716 W. Layton Ave., and plans to convert it into an assisted living center.

A second industrial park is planned west of I-94 in the City of Kenosha as the freeway corridor in Kenosha County remains a hot spot for industrial development.

Another new apartment building development is planned on South Kinnickinnic Avenue in Milwaukee’s Bay View neighborhood, which has attracted several development and redevelopment projects lately.

Glendale-based Johnson Controls Inc. plans to expand into West Allis with a 143,000-square-foot lease of office space in the Renaissance Faire II building at 801 S. 60th St.

Six Points Apartments LLC, an affiliate of Milwaukee-based Trike Property Management, recently purchased the Six Points Apartments complex in West Allis from Toldt Development Inc. for $19.1 million, according to state records.

Another new apartment building development is planned on South Kinnickinnic Avenue in Milwaukee's Bay View neighborhood, which has attracted several development and redevelopment projects lately.

Glendale-based Johnson Controls Inc. plans to expand into West Allis with a 143,000-square-foot lease of office space in the Renaissance Faire II building at 801 S. 60th St.