Real Estate
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Budget provision could clear Couture
The state budget approved this morning by the Joint Finance Committee, the powerful budget-writing committee of the state Legislature, includes a provision that establishes the Lake Michigan shoreline in Milwaukee. The measure is an attempt to end a dispute about development rights for the Downtown Transit Center site, located southwest of Lincoln Memorial Drive and Michigan Street.
Chicago law firm opens downtown Milwaukee office
Chicago-based law firm Johnson, Blumberg & Associates LLC recently opened an office at 633 W. Wisconsin Ave. in downtown Milwaukee.
MATC to expand into former Everest College building
Milwaukee Area Technical College (MATC) announced today that its board has approved an expansion plan to lease 45,000 square feet of classroom and lab space for the college’s School of Health Sciences. The space is located at 1311 N. 6th St., Milwaukee, which was formerly occupied by Everest College.
South side strip mall sold for $3.2 million
Mequon-based Langhoff Commercial recently purchased a 46-year-old, 34,155-square-foot strip mall at 3951 S. 76th St., Milwaukee, from Milwaukee-based Phoenix Investors LLC for $3.2 million, according to state records.
Diamond Vogel Paints buys industrial building to expand operations in Sheboygan Falls
Orange City, Iowa-based Diamond Vogel Paints recently purchased a 48,000-square-foot building in Sheboygan Falls for $1.15 million.
HSA buys Brookfield shopping center
A joint real estate fund formed by commercial mortgage lending specialists Innovative Capital Advisors (ICA) and Chicago-based HSA Commercial Real Estate, recently purchased the 92,000-square-foot Plaza 173 shopping center located at the northwest corner of Bluemound Road and Calhoun Road in Brookfield.
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MSOE to purchase downtown Staybridge Suites building
The Milwaukee School of Engineering (MSOE) announced today that is has a contract to purchase the mostly vacant and half-built Staybridge Suites building at 1150 N. Water St. in downtown Milwaukee.
Kenosha site for Aurora cancer center sold for $1.75 million
Kenosha Healthcare Properties LLC, a subsidiary of Appleton-based The Boldt Company, recently purchased an 11.4-acre site near I-94 and Highway 50 in Kenosha for $1.747 million. Boldt plans to build a $31 million, 61,082-square-foot complex on the site for Aurora Health Care for use as a cancer treatment and a pain management and ophthalmology center.
Sak’s Off 5th Avenue could be coming to Mayfair Collection
A Sak’s Off 5th Avenue, the discount version of the upscale Sak's Fifth Avenue department store chain, could be part of the Mayfair Collection project in Wauwatosa.
Applebee’s to close Mayfair restaurant
The Applebee's restaurant at Mayfair Mall in Wauwatosa will close, according to commercial real estate sources
