Real Estate

Katt launches development company

Dan Katt recently left his job as project development director for Milwaukee-based Eppstein Uhen Architects to launch his own development company, Craft Development.

REIT buys Kenosha Texas Roadhouse and several Milwaukee area KFCs

American Realty Capital Properties Inc., a New York-based real estate investment trust (REIT), recently purchased seven Milwaukee area KFC restaurants and the Texas Roadhouse restaurant in Kenosha, from GE Capital Solutions, according to state records.

Sales

Commercial Property AssociatesStratford-Wisconsin LLC sold the 26,000-square-foot Stratford Plaza Shopping Center at 12132 W. Capitol Dr., Wauwatosa.Dickman CompanyIan Sustar...

Leases

Commercial Property AssociatesMusic Go Round leased 4,800 square feet of space in Plaza 50 at 7508 75th St., Kenosha.Blue...

Homebuilders’ confidence soars

Builder confidence in the market for newly built, single-family homes rose six points to 57 for the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for July, released today.

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 with June of 2012, to 1,925 sales, according to the latest report from the Greater Milwaukee Association of Realtors (GMAR).
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Opus and Mercy team up for mixed-use Park East development proposal

Opus Development Company LLC and Mercy Housing Lakefront have teamed up to propose a mixed-use development with office space, retail space, residential units and structured parking on a 2.3-acre site in the Park East corridor.

Symmetry to open third Milwaukee location

Milwaukee-based Symmetry Corp. plans to open its third Milwaukee location at 1443 N. Prospect Ave., on the city’s East Side. The building was built in 1968 and features 7,638 square feet of office space.

Real estate deals of the week

Sussex Shopko store sold for $9.2 millionEscondido, Calif.-based Realty Income Corp. recently purchased the 80,000-square-foot Shopko store building at...

Higher quality tenants sought for Timmerman Plaza outlot buildings

Franklin-based Outlook Development Group LLC plans to upgrade a pair of outlot retail buildings that it purchased recently in the Timmerman Plaza shopping complex on Milwaukee's northwest side.

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