Real Estate

Mayfair Milwaukee LLC recently purchased the 134-unit Mayfair Apartments complex at 5292 N. Lovers Lane, Milwaukee, from Axiom Properties for $7.05 million.

Mike Mitchell, the owner of Prototype Stampings, a metal stamping company currently located in Muskego, recently purchased a 14,000-square-foot industrial building at 16055 Ryerson Dr. in New Berlin for $525,000.

Uline plans to buy a 30-acre site from the Village of Pleasant Prairie to build a new 200,000-square-foot office building near its corporate headquarters campus in the village.

Real estate development firm Irgens will host a groundbreaking ceremony on June 18 to celebrate the start of construction for 833 East, a 17-story class A office building that the firm will build at 833 E. Michigan St. in downtown Milwaukee.

Stamford, Conn.-based Five Mile Capital Partners LLC announced today that it has purchased the 30-story 411 East Wisconsin Building in downtown Milwaukee for $74.3 million. The building, the second largest office tower in downtown Milwaukee, was previously owned by NNN 411 East Wis 6 LLC, a tenants in common ownership group.

Greenfield-based Zimmerman Ventures LLC wants to build a stadium for professional baseball and soccer, plus a domed indoor multi-sports complex, in Oak Creek.

Milwaukee-based health care real estate investment trust Physicians Realty Trust, has closed on the acquisition of two medical buildings worth a combined $21.4 million.

Hyvinkaa, Finland-based Konecranes has moved its Oak Creek offices and 105 employees to West Allis.

Glendale-based Johnson Controls Inc. has expanded its manufacturing and research and development facility in Wuxi, China.