Real Estate
Stay informed on commercial real estate development, investment, and property news in the Milwaukee area.
Wisconsin Lutheran launches second phase of $6.7 million project
Wisconsin Lutheran High School will break ground on a dramatic expansion on Friday as part of a $6.7 million project aimed at enhancing the school's amenities and better blending its arts programming with other curriculum.
Sales down but prices up for state housing market
Home sales in Wisconsin were down 11.3 percent in March and 8.5 percent in the first quarter, but average home sale prices rose 1.9 percent to $136,500 in March, year-over-year, and prices were up 4.2 percent, to $131,250, in the first quarter compared to the first quarter of 2013, according to the latest report from the Wisconsin Realtors Association.
FedEx Ground plans distribution facility in Menomonee Falls
FedEx Ground plans to build a 202,950-square-foot distribution center on a 30-acre site on the south side of County Line Road, about one-third of a mile west of Pilgrim Road, in Menomonee Falls.
Suites hotel proposed in Town of Brookfield
A 107-room Home2 Suites by Hilton hotel has been proposed for a site near Goerke’s Corners in the Town of Brookfield.
Northwestern Mutual selects contractors to build new tower
Northwestern Mutual Life Insurance Co. Inc. today announced the selection of the team of Gilbane Building Co. and Milwaukee-based C.G. Schmidt Inc. as the general contractor for construction of its new 1.1 million-square-foot tower and commons on Milwaukee’s lakefront.
General Capital plans redevelopment for Hales Corners Kmart
Fox Point-based real estate development firm General Capital Group is working on a retail redevelopment plan for the Kmart store property in Hales Corners.
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Metro Milwaukee home sales down 10.2 percent in first quarter
Home sales in metro Milwaukee for the first quarter of the year were down 10.2 percent compared to the first quarter of 2013, according to the latest report from the Greater Milwaukee Association of Realtors.
Sales
CBREJomela Butters LLC purchased 50,754 square feet of space at 1201-11 and 1213-37 W. Historic Mitchell St., and 1730-38...
Leases
CBREAim Distribution Services LLC leased 19,200 squasre feet of space at 525 W. Maquette Ave., Oak Creek, from CJF2...
Redevelopment project planned in downtown Port Washington
Developer Gertjan van den Broek recently announced plans to redevelop a downtown Port Washington property between Franklin Avenue and the harbor.