Real Estate
Stay informed on commercial real estate development, investment, and property news in the Milwaukee area.
Pfister renovating rooms in tower
The Marcus Corp. is spending about $3.1 million on a renovation project of the 173 guest rooms in the tower section of the Pfister Hotel in downtown Milwaukee.
Redevelopment planned for 86-year-old Bay View building
Scott Genke, founder and president of SG Property Management LLC, plans to redevelop the two-story, 86-year-old King Building at 2534 S. Kinnickinnic Ave. in Milwaukee's Bay View neighborhood.
Sales
NAI MLG CommercialBauer/Kunes LLC purchased 20,380 square feet of space at 1145 E. Geneva St., Delavan, from Roger Willemsen...
Leases
CBREMontage leased 8,759 square feet of space, Badger Orthotics LLC leased 3,892 square feet of space, Delafield Design Gallery...
Real estate odds and ends
Ogden Avenue apartment building sold for $1.9 millionMilwaukee-based Ernst on Ogden LLC purchased a 112-year-old, 29-unit apartment building at...
Tempt opens New Berlin Design Center
Tempt In-Store Productions, part of Sussex-based Quad/Graphics Inc., has leased a 205,000-square-foot building in New Berlin to house a North American Design Center.
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Mandel Group completes lease-up of North End’s second phase, Shorewood project
Milwaukee-based multi-family residential development firm Mandel Group Inc. announced today that it has completed the lease-up of its latest apartment developments, the second phase of the North End development near downtown Milwaukee and the LightHorse 4041 development in Shorewood.
Whole Foods announces plans for Wauwatosa store
Whole Foods has made it official: the Austin, Texas-based retailer of natural and organic foods will open a store at The Mayfair Collection development in Wauwatosa.
FedEx Smart Post HQ building sold for $16.75 million
An affiliate of New York-based Sentinel Real Estate Corp. recently purchased the 79,228-square-foot office building in Brookfield that was leased last year to FedEx, which will move the headquarters of its SmartPost division there from New Berlin.
Pleasant Prairie radio station property sold for $1.1 million
West Plam Beach, Fla.-based Digity Companies LLC recently acquired a 7.5-acre property in Pleasant Prairie that includes the radio station offices and studios for rock station WIIL FM 95 WIIL Rock and news talk station WLIP AM 1050. The property was sold by Englewood, Colo.-based NextMedia Group Inc. for $1.1 million.