Real Estate

Third Ward Blount Orthopaedic Clinic building sold

Brookfield-based Alpha Realty LLC recently purchased the Blount Orthopaedic Clinic building in Milwaukee's Historic Third Ward for $1.135 million, according to state records.

Zimmerman asks Franklin to borrow $10.5 million for ballpark at The Rock

Zimmerman Ventures, which developed The Rock sports complex in Franklin and is led by Michael Zimmerman, is asking the city to borrow $10.5 million to finance construction of a minor league ballpark at The Rock, according to a proposal submitted to the city.

Hobby Lobby store planned in Menomonee Falls

A Hobby Lobby store is planned for a former Pick ‘n Save store space in Menomonee Falls.

Group plans to re-open Modjeska Theatre in November

The Modjeska Theatre Project LLC, which owns the Modjeska Theatre at 1124 W. Historic Mitchell St. on Milwaukee’s south side, plans to reopen the 90-year-old theater in November.

Irgens gives $2 million to UW-Madison real estate center

Mark Irgens, the chief executive officer and president of Wauwatosa-based real estate development firm Irgens, and his wife Susan have donated $2 million to the James A. Graaskamp Center for Real Estate at the Wisconsin School of Business at the University of Wisconsin-Madison, the center announced Wednesday. The funds will be used to endow the center's executive directorship.

Student housing building near MU sold for $20.5 million

An affiliate of Austin, Texas-based student housing firm Campus Advantage recently purchased the 2040 Lofts student housing facility near the Marquettee University campus for about $20.5 million, according to state records.
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LISC to revive ACRE program

Local Initiatives Support Corp.’s Milwaukee office is taking the lead on redeveloping the Associates in Commercial Real Estate program to train minorities for career paths in commercial real estate and connect them to industry professionals.

Walker signs Milwaukee shoreline bill to assist The Couture

Gov. Scott Walker earlier this week signed the Milwaukee shoreline bill, which is intended to assist The Couture development, at a ceremony this afternoon at Discovery World on the downtown Milwaukee lakefront.

Meijer could get $5 million in tax credits for Pleasant Prairie distribution center

Grand Rapids, Mich.-based retailer Meijer Inc., which plans to open several stores in southeastern Wisconsin, Gov. Scott Walker announced this week.

Sales

Colliers International|WisconsinLifetime Transition Strategies LLC purchased the building at 3205 N. 124th St., Brookfield, for $1.92 million.Associated Bank purchased...

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