Real Estate

A proposal for Meijer to anchor the Drexel Town Square development moved closer to fruition Tuesday night.

Fueled by record profits and continued company growth, Acuity announced Tuesday it will begin a more than $130 million construction project at its corporate headquarters in Sheboygan by the end of this year.

FedEx will move the headquarters of its SmartPost subsidiary from New Berlin to the Brookfield Lakes Corporate Center XI building at 17950 W. Corporate Drive, according to Andrew Weltcheff, senior vice president of asset management for Hammes Company, which owns the building.

Tampa, Fla.-based Carter Validus Mission Critical REIT Inc. recently purchased the AT&T data center at N15 W24250 S. Riverwood Dr. in the city of Pewaukee for $51.87 million from AT&T.

Brookfield-based Briohn Building Corp. has been contracted to complete the design and construction of a 20,000-square-foot industrial building, with...

NAI MLG CommercialGary L. Swanson and Shirley J. Swanson purchased 43,460 square feet of space at 1099 Proctor Dr.,...

NAI MLG CommercialPinstripe leased 59,861 square fet of space at 200 S. Executive Dr., Brookfield, from 200 S. Executive...

Retail building planned for Festival Foods outlot in KenoshaAIG Properties plans to build a 12,941-square-foot multi-tenant retail building at...

Livonia, Mich.-based Major Pharmaceuticals purchased a 25,000-square-foot building at 12250 N. Corporate Parkway in Mequon and plans to add about 50 wrokers in the facility.

The southeastern Wisconsin retial real estate market posted its sixth consecutive quarter of positive absorption during the third quarter, but only absorbed 22,978 square feet of space and its vacancy rate of 7.7 percent was virtually unchanged from the second quarter, according to the third quarter report from Xceligent and CARW.