Real Estate
Stay informed on commercial real estate development, investment, and property news in the Milwaukee area.
Renovation work finally begins for Avalon Theater
A $1.8 million project to renovate and reopen the long-closed Avalon Theater in Milwaukee's Bay View neighborhood began recently. The project, which has been planned for years, could be completed in time for the theater to open in May.
Shoppes at Wyndham Village in Franklin sold for $12.8 million
Northbrook, Ill.-based Cloverleaf Group recently purchased the Shoppes at Wyndham Village shopping center in Franklin from an affiliate of Greenwich, Conn.-based Starwood Capital Group for $12.8 million, according to state records.
Artisan Partners to expand in downtown Milwaukee
Artisan Partners, a global investment management firm founded in Milwaukee, announced today that it signed a major, long-term lease at 875 E. Wisconsin Ave. as the firm plans for its future and growth in the downtown Milwaukee area.
Former Quilted Bear restaurant in Germantown sold
The former Quilted Bear Restaurant & Banquet Hall, located at N111 W18611 Mequon Road in Germantown, has been sold. The restaurant will be reopened and rebranded under new ownership, according to an announcement today.
Baby boomers adapt homes for retirement
Almost 90 percent of those ages 50 and older want to remain in their homes indefinitely, according to an AARP survey.
East North Avenue gets surge of development
In a three-block stretch of East North Avenue, between Oakland Avenue and Prospect Avenue, three apartment developments are under construction and a fourth is planned.
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Park East Corridor
Wangard Partners recently began construction of a 104-unit, four-story apartment building, called Avenir, at the southwest corner of North Jefferson Street and East Lyon Street in the Park East corridor in downtown Milwaukee.
4.09%
The percentage of U.S. homeowners who are at least two months behind on their mortgage payments fell in the third quarter to 4.09 percent, the lowest delinquency rate since the third quarter of 2008.
Veit gets demolition contract for Northwestern Mutual building
Rogers, Minn.-based specialty contracting and waste management firm Veit, which has a Milwaukee-area office in New Berlin, will be the project manager for the deconstruction of Northwestern Mutual Life Insurance Co.’s east office building at its downtown Milwaukee corporate headquarters campus.
Kohl’s drops plans for new HQ campus in Menomonee Falls
Kohl’s Corp. announced today that it has dropped its plans to build a new 900,000-square-foot corporate headquarters campus in the Woodland Prime Office Park in Menomonee Falls.
