Real Estate
In addition to these stories, check out our real estate data tool for agricultural, commercial, manufacturing, and multi-family real estate transactions over the past 30 days.
Milwaukee-based health care REIT launches IPO
Physicians Realty Trust, a Milwaukee-based health care real estate investment trust (REIT), went public last week with an initial public offering of 10.4 million common shares at a price of $11.50 per share, for a total of approximately $109.8 million of net proceeds.
Struggling downtown office building sold
250 Plaza, a 20-story office building located at 250 E. Wisconsin Ave. in downtown Milwaukee, was sold for $7.5 million to Lone Star Real Estate Fund II, according to state records. The transaction was recorded on Thursday.
Joseph buys former Eisner Museum building for $2 million
Joseph Property Development LLC, owned by developer Robert Joseph, recently purchased the the five-story former Eisner Museum of Advertising & Design building in Milwaukee’s Historic Third Ward for $2 million from the Milwaukee Institute of Art and Design (MIAD).
Groundbreaking Tuesday for development at North Avenue library site
A groundbreaking ceremony will be held Tuesday to celebrate the start of construction for The Standard at East Library development at the site of the East Milwaukee Library at 1910 E. North Ave., on Milwaukee's East Side.
Indianapolis-based law firm to open Milwaukee office
Indianapolis-based law firm Scopelitis, Garvin, Light, Hanson & Feary PC plans to open an office in Milwaukee and recently leased 4,000 square feet of office space in the Plaza East building at 330 E. Kilbourn Ave. downtown.
Bank takes back historic downtown office building
Wauwatosa-based The Equitable Bank has acquired the 117-year-old Germania Building in downtown Milwaukee, according to state records.
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Downtown cluster to be redeveloped
An investors group this week purchased a cluster of six small buildings, all built around 1900, located southwest of East Wisconsin Avenue and North Broadway in downtown Milwaukee, with plans to redevelop the site. The buildings wrap around the Railway Exchange building at the corner of Wisconsin and Broadway.
Lakefront might build new brewery in Menomonee Valley
Milwaukee-based Lakefront Brewery Inc. announced today that it has obtained an option to purchase 9.3 acres of land in the Menomonee Valley in Milwaukee that was once intended for an expansion of the Allen Edmonds Shoe Company.
New construction
Brookfield-based Briohn Building Corp. recently completed the design and construction work for a 42,074-square-foot building at 3776 Kettle Court...
Sales
Boerke CompanyExacto Spring Corp. purchased a 19,680-square-foot building at 738 10th Ave., Grafton, from Marcy Lichtig.CBRE575 Riverwoods Partners LLC...
