Real Estate

Alverno College will break ground next spring on a $30 million expansion and renovation project at its campus on the south side of Milwaukee.

The annual commercial real estate forecast breakfast hosted by the Milwaukee chapter of the Institute of Real Estate Management will be held on Thursday, Jan. 9, from 6:45-9:30 a.m. at the Italian Conference Center, 631 E. Chicago St., Milwaukee.

Glendale-based Wheaton Franciscan Healthcare recently acquired a medical office building mostly occupied by Wheaton Franciscan Medical Group near Wheaton Franciscan’s St. Francis Hospital on Milwaukee’s south side, according to state records.

Club Kids in Danger Saved, Inc., a Milwaukee-based nonprofit organization, is in need of a 10,000-square-foot commercial space where it can run after-school programs and offer recreational opportunities for inner city students.

New Berlin-based K.G. Stevens Inc., a fabricator and installer of countertops, recently purchased the former headquarters of The Boelter Companies, a 127,400-square-foot industrial facility at 11100 Silver Spring Road, Milwaukee, according to state records.

Children's Hospital of Wisconsin plans to move 475 employees and multiple divisions to 80,000 square feet of office space that it has leased at the Summit Place Office Complex at 6737 W. Washington St. in West Allis, city and hospital officials announced on Monday.

TI Investors of Franklin LLC, an affiliate of Milwaukee-based real estate firm Zilber Ltd., recently purchased the 246,000-square-foot former Harley-Davidson warehouse at 1000 S. Franklin Dr. in Franklin for $9.7 million, according to state records. The property was sold by Harley affiliate H-D Franklin LLC.

Fitchburg-based Sara Investment Real Estate announced today that it has purchased the headquarters of Great Lakes Packaging Corp. in Germantown. The sale price was $8.05 million, according to state records.

Grand Rapids, Mich.-based Meijer Inc. recently purchased the 17.5 acre site in the Drexel Town Square development in Oak Creek where it plans to build a 192,940-square-foot store. Meijer bought the site for $7 million from One West Drexel LLC, an affiliate of Wispark LLC. Proceeds of the land sale will be shared with the city of Oak Creek.

An affiliate of Chicago-based real estate investment management firm Harrison Street recently purchased a 30,000-square-foot medical office building that is under construction at 201 E. Morrissy Dr. in Elkhorn for Aurora Health Care, according to state records.