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.
Retail real estate market heats up
As the U.S. economy continues to improve, more shoppers are returning to stores, and retailers are back in expansion mode.
Mammoth Springs
Construction began recently for developer Arthur Sawall's $19 million Mammoth Springs development at N63 W23231 Main St in Sussex. Two, 30-unit upscale residential buildings will be built this year. The project will take several years to complete, but ultimately the site will have more than 150 residential units, more than 12,000 square feet of commercial space and a walking path highlighting a three-acre quarry pond, Sawall said. “The Mammoth Springs Development will be one of the best and most unique mixed use developments in Waukesha County,” he said. “It will be a stunning development and a great place for people to live with majestic views of the quarry pond.”
Dan McCoy, Chief executive officer, McCoy Contractors
What was the smartest thing your company did in the past year?
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.
Neroli to open new spa in Mequon
As it celebrates its 20th anniversary this year, Neroli Salon & Spa plans to open its fifth location this fall in Mequon.
Real estate odds and ends
Pair of Delavan industrial buildings sold for $1.7 million Elkhorn-based Southern Lakes Recycle recently purchased a pair of industrial...
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New construction
Waukesha-based Gerald Nell Inc. was selected by La Crosse-based Kwik Trip Inc. to build a 7,000-square-foot convenience store and...
Real estate people
Mequon-based Lakeside Development Company recently hired Dustin Melzark to its construction management team. He is a registered architect and...
Metro Milwaukee home sales up 7.8% in June
The number of home sales in the four-county metro Milwaukee area increased by 7.8 percent in June, compared to June of 2012, to 1,925 sales, according to the latest report from the Greater Milwaukee Association of Realtors (GMAR).
Pair of homes sold for Mequon Town Center site assembly
Milwaukee-based WiRED Properties recently purchased two homes at 11229 N. Cedarburg Road, Mequon, from Mequon-based Shaffer Development LLC for $812,967. The deal is part of the site assembly for the mixed-use Mequon Town Center project that WiRED plans to build northwest of Mequon and Cedarburg roads in Mequon.
