Real Estate

David Zanon, the owner of Wauwatosa-based Nu-Art Dental Laboratory Inc., recently purchased a vacant 30,000-square-foot office building at 160 Bishops Way in Brookfield for $999,000, according to state records.

An investors group consisting of developer Joshua Jeffers, the owner of J. Jeffers & Co., Shelley Lamoreaux of the North Shore Arsenal Soccer Club and John Lamoreaux, the owner of Ticket King, plan to purchase a 25,000-square-foot building at 2920 W. Vera Ave. in Glendale, which they will convert into an indoor sports complex called Inbounds Training.

Sheboygan-based Community Bank & Trust recently acquired the Clarke Hotel, located at 314 W. Main St. in downtown Waukesha in a sheriff’s sale. The transaction was recorded on Thursday, May 9, according to state records.

Home sales in the four-county metro Milwaukee area were up 2.3 percent, to 1,576, in April compared to April of 2012, according to the latest report from the Greater Milwaukee Realtors Association (GMAR).

An investors group consisting of developer Joshua Jeffers, the owner of J. Jeffers & Co., Shelley Lamoreaux of the North Shore Arsenal Soccer Club and John Lamoreaux, the owner of Ticket King, plan to purchase a 25,000-square-foot building at 2920 W. Vera Ave. in Glendale, which they will convert into an indoor sports complex called Inbounds Training.

The ownership group of Schlitz Park in downtown Milwaukee is seeking a $900,000 loan from the Milwaukee Economic Development Corp. (MEDC) to renovate 50,000 square feet of space in its RiverCenter building.

National Retail Properties Inc., an Orlando-based real estate investment trust (REIT), recently purchased a 2.5-acre site at the southeast corner of Highway 50 and 104th Avenue in Pleasant Prairie for $1.3 million, according to state records.

Dan Druml, the owner of Milwaukee-based Paul Davis Restoration, recently purchased a 9,020-square-foot warehouse building at 1310 N. 6th St. in Milwaukee.

Developer Robert Joseph, the owner of Joseph Property Developmet LLC, plans to build a four-story building with 39 market rate apartments and 6,000 square feet of retail space, at the former Pizza Man restaurant site northeast of North Avenue and Oakland Avenue on Milwaukee’s East Side.

Grand Rapids, Mich.-based Meijer Inc. plans to build a 192,940-square-foot store and a 2,509-square-foot gas station on a 29-acre site southeast of Sunset Drive and Tenny Avenue in Waukesha. Meijer stores include large grocery departments and general merchandise.