Real Estate
Stay informed on commercial real estate development, investment, and property news in the Milwaukee area.
Kohl’s takes scattered real estate approach
Kohl's Corp.'s recently announced decision to drop its plans for a $250 million, 900,000-square-foot second corporate campus that it had planned to build in the Woodland Prime office park in Menomonee Falls means the company's operations will remain scattered in several locations. The company has, or will soon have, operations in at least nine buildings in Menomonee Falls and the far northwest side of Milwaukee.
Alverno Expansion
Alverno College will break ground next spring on a $30 million expansion and renovation project at its campus on the south side of Milwaukee.
Walker to speak at IREM real estate forecast breakfast next week
The annual commercial real estate forecast breakfast hosted by the Milwaukee chapter of the Institute of Real Estate Management will be held on Thursday, Jan. 9, from 6:45-9:30 a.m. at the Italian Conference Center, 631 E. Chicago St., Milwaukee.
Wheaton Franciscan buys medical office building near St. Francis Hospital
Glendale-based Wheaton Franciscan Healthcare recently acquired a medical office building mostly occupied by Wheaton Franciscan Medical Group near Wheaton Franciscan’s St. Francis Hospital on Milwaukee’s south side, according to state records.
Nonprofit organization seeking donated buildings
Club Kids in Danger Saved, Inc., a Milwaukee-based nonprofit organization, is in need of a 10,000-square-foot commercial space where it can run after-school programs and offer recreational opportunities for inner city students.
K.G. Stevens buys former Boelter HQ
New Berlin-based K.G. Stevens Inc., a fabricator and installer of countertops, recently purchased the former headquarters of The Boelter Companies, a 127,400-square-foot industrial facility at 11100 Silver Spring Road, Milwaukee, according to state records.
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Children’s Hospital to move 475 employees to West Allis
Children's Hospital of Wisconsin plans to move 475 employees and multiple divisions to 80,000 square feet of office space that it has leased at the Summit Place Office Complex at 6737 W. Washington St. in West Allis, city and hospital officials announced on Monday.
Zilber pays $9.7M for Harley warehouse
TI Investors of Franklin LLC, an affiliate of Milwaukee-based real estate firm Zilber Ltd., recently purchased the 246,000-square-foot former Harley-Davidson warehouse at 1000 S. Franklin Dr. in Franklin for $9.7 million, according to state records. The property was sold by Harley affiliate H-D Franklin LLC.
Great Lakes Packaging HQ sold for $8 million
Fitchburg-based Sara Investment Real Estate announced today that it has purchased the headquarters of Great Lakes Packaging Corp. in Germantown. The sale price was $8.05 million, according to state records.
Meijer buys site for Drexel Town Square store for $7 million
Grand Rapids, Mich.-based Meijer Inc. recently purchased the 17.5 acre site in the Drexel Town Square development in Oak Creek where it plans to build a 192,940-square-foot store. Meijer bought the site for $7 million from One West Drexel LLC, an affiliate of Wispark LLC. Proceeds of the land sale will be shared with the city of Oak Creek.
