Real Estate
In addition to these stories, check out our real estate data tool for agricultural, commercial, manufacturing, and multi-family real estate transactions over the past 30 days.
MSOE buys unfinished Staybridge Suites building for $12 million
The Milwaukee School of Engineering recently purchased the half-built Staybridge Suites hotel building at 1150 N. Water St. in downtown Milwaukee for $12 million, according to state records.
Campione buys former CSM Bakery Products building in Oak Creek
Oak Creek-based Joseph Campione Inc., a manufacturer of Italian bread products, recently purchased the former CSM Bakery Products plant at 7350 S. 10th St. in Oak Creek for $1.5 million, according to state records.
Custom Fabricating and Supplies buys Franklin industrial building
An entity formed by Greendale-based Custom Fabricating and Supplies, a supplier of masking products such as powder coating tape discs for industrial applications, recently purchased a 30,000-square-foot industrial building at 5500 W. Oakwood Park Dr. in Franklin for $1.3 million, according to state records.
Acuity HQ Expansion
Sheboygan-based property and casualty insurer Acuity plans to build a $130 million, 240,000-square-foot expansion to its existing 450,000-square-foot corporate headquarters at 2800 S. Taylor Drive.
Downtown East submarket class A office buildings
(as classified by Xceligent)
U.S. Bank Center
777 E. Wisconsin Ave.
Owner: U.S. Bank
Office space: 1,078,668 square feet
Vacancy rate: 2%
411 East Wisconsin Center
411 E. Wisconsin Ave.
Owner: NNN 411 East Wis 6 LLC et al
Office space: 654,165 square feet
Vacancy rate: 22.2%
Strength of class A office market depends on point of view
The class A office market in the Milwaukee area has shown gradual improvement recently and the downtown east area is arguably the region's strongest class A office submarket.
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Custom Fabricating and Supplies buys Franklin industrial building
An entity formed by Greendale-based Custom Fabricating and Supplies, a supplier of masking products such as powder coating tape discs for industrial applications, recently purchased a 30,000-square-foot industrial building at 5500 W. Oakwood Park Dr. in Franklin for $1.3 million, according to state records.
Hoan closures to begin in November
Motorists who connect between downtown Milwaukee and the south side of the county can begin to prepare for longer commute times.
Pewaukee office building sold for $4.35 million
Madison-based Sara Investment Real Estate LLC purchased the three-story, 53,626-square-foot Squires III Office Center building at N19 W24075 Riverwood Dr., Pewaukee, from Brookfield-based Palmisano Companies Ltd. for $4.35 million, according to state records.
Meijer buys site for Sussex store
Grand Rapids, Mich.-based Meijer Inc. recently purchased a 40-acre site near Sussex, for $5.25 million, where it plans to build a 192,000-square-foot store and a gas station.
