Real Estate

A grand opening ceremony will be held Thursday, April 3, to celebrate completion of the first phase of the Mayfair Collection development in Wauwatosa.

Kissak Sarajian and Armen Sarajian, the owners of Franksville-based Engineered Products & Services Inc., recently purchased Silvernail Woods I, a 32,630-square-foot office building at 2727 N. Grandview Blvd. in Waukesha, from Waukesha-based Bryce Styza Properties for $1.5 million, according to state records.

An affiliate of Mequon-based Midland Management LLC recently purchased a 26,600-square-foot, 28-year-old retail building at 2851 N. Mayfair Road in Wauwatosa from an affiliate of Minneapolis-based CSM Corp. for $3.15 million, according to state records.

InPro Corp. plans to build a new two-story, 29,810-square-foot office building at its Muskego headquarters campus.

Fox Point-based real estate development firm General Capital Group plans to build a mixed-use development along Oakland Avenue in Shorewood with an 80,000-square-foot Roundy's Metro Market grocery store, 80 upscale apartments and 15,000 square feet of additional retail space.

Malvern, Pa.-based Liberty Property Trust, a real estate investment trust, today announced plans to build a 172,000-square-foot speculative industrial building in Oak Creek.

Ken Braden, vice president at Cassidy Turley Barry in Milwaukee, passed away on Tuesday, March 25.

Yet another industrial park development is planned in the I-94 corridor in Kenosha County.

Mandel Group Inc. plans to build a mixed-use building, on a site southwest of East North Avenue and Commerce Street, that will have 46-apartments and a 18,000-square-foot space leased to Adventure Rock Climbing Gym Inc.

The Ruby Tap will open a location in the Mequon Town Center, and the developer for the project says construction could begin within the next 30 days.