Real Estate

Area home buyers hibernated in February as bitter cold weather hit the region. Home sales in the four-county metro Milwaukee area were down 10.1 percent in February compared to February of 2013, according to the latest report from the Greater Milwaukee Association of Realtors.

An affiliate of Laacke & Joys Co. recently purchased a 51,000-square-foot industrial building in Brookfield currently occupied by a Pella Windows & Doors operation. Laacke & Joys plans to move its manufacturing operations to the building from downtown Milwaukee.

Colliers International|WisconsinSDI purchased the building at 170 S. 1st St., Milwaukee, for $1.15 million.Judson & AssociatesLaura Wallace LLC purchased...

Colliers International|WisconsinNorth American Communications Resource Inc. leased 3,240 square feet of office space at W2440 Riverwood Dr., Pewaukee.Enterprise Rent-A-Car...

The state Senate on Tuesday, by a 25-8 vote, approved legislation to establish the legal boundary for the Milwaukee shoreline. The bill is an attempt to clear up legal issues blocking The Couture, a proposed high-rise development near the lakefront in downtown Milwaukee.

An affilate of Laacke & Joys Co. recently purchased a 51,000-square-foot industrial building in Brookfield currently occupied by a Pella Windows & Doors operation. Laacke & Joys plans to move its manufacturing operations to the building from downtown Milwaukee.

Area home buyers hibernated in February as bitter cold weather hit the region. Home sales in the four-county metro Milwaukee area were down 10.1 percent in February compared to February of 2013, according to the latest report from the Greater Milwaukee Association of Realtors.

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.

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.

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.