Real Estate
Stay informed on commercial real estate development, investment, and property news in the Milwaukee area.
Falls Plaza sold in sheriff’s sale
Falls Plaza, a 124,636-square-foot shopping center in Menomonee Falls that had been in foreclosure, was recently sold in a sheriff’s sale to Kansas City, Mo.-based Mission Peak Capital. The property was sold by Horsham, Penn.-based Falls Plaza Venture LLC.
Zilber sells two area buildings to Minnesota firm for $12.7 million
Milwaukee-based Zilber Ltd. recently sold a pair of industrial buildings in the Milwaukee area to Minneapolis-based Founders Properties LLC for $12.7 million, according to state records.
Pierce Engineers buys Walker’s Point building for $1.15 million
An affiliate of Pierce Engineers Inc., a structural engineering firm currently located in Milwaukee's Historic Third Ward, recently purchased the former Kramer Foundry building in Walker's Point for $1.15 million, according to state records.
New construction
Brookfield-based Briohn Building Corp. has been contracted to complete the design and construction of a 5,000-square-foot office space renovation...
Leases
Colliers International|WisconsinSunshine Spa leased 1,500 square feet of retail space at 2810-50 W. Rawson Ave., Oak Creek.NAI MLG CommercialCenters...
Another spec industrial building planned in Racine County
Caledonia-based Jon Hendersen Real Estate Inc. plans to build a 37,200-square-foot speculative industrial building in a 36-acre business park that it is developing southwest of I-94 and 6 ½ Mile Road in the Town of Raymond in Racine County.
About 7,000 square feet of space in the building will be occupied by ClearCom Inc., which will move there from Racine. The remaining 30,000 square feet of space in the building, which will be built on a 3-acre lot, is available for lease. Construction of the building is expected to begin this summer, said Jon Hendersen.
About 7,000 square feet of space in the building will be occupied by ClearCom Inc., which will move there from Racine. The remaining 30,000 square feet of space in the building, which will be built on a 3-acre lot, is available for lease. Construction of the building is expected to begin this summer, said Jon Hendersen.
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Salvation Army to open Brown Deer Road store
The Salvation Army Adult Rehabilitation Center of Milwaukee plans to open a thrift store in a 16,709-square-foot building at 8008 W. Brown Deer Road in Milwaukee.
Oak Creek building pitched for Suzy’s Cream Cheesecakes sold for $2 million
An affiliate of Port Washington-based Ansay Development, recently purchased a 44,200-square-foot building at 9911 S. Howell Ave. in Oak Creek from an affiliate of Milwaukee-based Van Buren Management Inc. for $2 million, according to state records.
Four construction teams asked to bid for NML project
Northwestern Mutual Life Insurance Co. has asked four construction teams to submit proposals to be the general contractor for the $450 million Northwestern Mutual Tower and Commons project at its downtown Milwaukee corporate headquarters campus.
Starbucks planned near airport in Milwaukee, on Bluemound in Brookfield
New Starbucks cafes are planned in the City of Milwaukee near Mitchell International Airport and along Bluemound Road in the Town of Brookfield.
