Real Estate
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U.S. Bank provides financing for Milwaukee housing project
U.S. Bank is providing nearly $10 million in financing to help Heartland Housing Inc. develop a 37-unit family supportive housing project on a once vacant piece of land in northeast Milwaukee.
Fewer homeowners in region are underwater
As a housing market continues to gradually recover from the collapse during the Great Recession, the percentage of homeowners in the metro Milwaukee area that are underwater (owe more on their home than it is worth) fell from 29.1 percent in the fourth quarter of 2012 to 28.2 percent in the first quarter of 2013, according to a new report from Seattle-based Zillow Inc., which tracks residential real estate values.
The Couture might include hall for MSO
The Milwaukee Symphony Orchestra is in early stages of considering plans to move its performances to a concert hall that could be built for the MSO in The Couture, the 44-story residential and hotel tower planned by Barrett Visionary Development near the lakefront.
Leases
Colliers International|WisconsinTOW of Wisconsin leased 6,875 square feet of warehouse space at W143 N9350 Henry Stark Road, Menomonee Falls.Associated...
Aldi to expand Oak Creek distribution center by 100,000 square feet
Aldi will add more than 100,000 square feet to its Oak Creek distribution center at 9342 S. 13th St.
SURG to open 8-Twelve MVP Bar and Grill at Bayshore
SURG Restaurant Group plans to open a second 8-twelve MVP Bar and Grill restaurant, which would be located in space currently occupied by Coa at Bayshore Town Center in Glendale, SURG announced this week.
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The Couture might include hall for MSO
The Milwaukee Symphony Orchestra is in early stages of considering plans to move its performances to a concert hall that could be built for the MSO in The Couture, the 44-story residential and hotel tower planned by Barrett Visionary Development near the lakefront.
Walmart and Sam’s Club stores planned for Pabst Farms
The Pabst Farms development, once envisioned as a Midwestern upscale retail jewel destination in Oconomowoc, will soon be the home of a 151,000-square-foot Walmart Supercenter store and a 136,000-square-foot Sam's Club store.
Whole Foods plans to open new store in western suburbs
Whole Foods plans to open a second store in the Milwaukee area and is considering sites in Brookfield and Wauwatosa, according to commercial real estate sources.
Hendricks buys northwest side industrial building for $3.95 million
Hendricks Commercial Properties, an affiliate of Beloit-based Hendricks Holding Co. Inc., recently purchased a 68,675-square-foot industrial building at 11200 W. Heather Ave. on the far northwest side of Milwaukee for $3.95 million, or about $57.51 per square foot.