Real Estate

Park East Corridor

Wangard Partners recently began construction of a 104-unit, four-story apartment building, called Avenir, at the southwest corner of North Jefferson Street and East Lyon Street in the Park East corridor in downtown Milwaukee.

4.09%

The percentage of U.S. homeowners who are at least two months behind on their mortgage payments fell in the third quarter to 4.09 percent, the lowest delinquency rate since the third quarter of 2008.

Veit gets demolition contract for Northwestern Mutual building

Rogers, Minn.-based specialty contracting and waste management firm Veit, which has a Milwaukee-area office in New Berlin, will be the project manager for the deconstruction of Northwestern Mutual Life Insurance Co.’s east office building at its downtown Milwaukee corporate headquarters campus.

Kohl’s drops plans for new HQ campus in Menomonee Falls

Kohl’s Corp. announced today that it has dropped its plans to build a new 900,000-square-foot corporate headquarters campus in the Woodland Prime Office Park in Menomonee Falls.

Concordia plans new center for School of Business Administration

Concordia University Wisconsin (CUW) hopes to consolidate its business courses, expand its program offerings and continue growing enrollment numbers with a new 50,000-square-foot facility for its School of Business Administration at its Mequon campus.

Concordia plans new center for School of Business Administration

Concordia University Wisconsin (CUW) hopes to consolidate its business courses, expand its program offerings and continue growing enrollment numbers with a new 50,000-square-foot facility for its School of Business Administration at its Mequon campus.
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Bader Rutter weighs office space options

Brookfield-based Bader Rutter & Associates, a public relations, advertising and marketing firm, is evaluating its future office space plans and is considering plans to relocate to downtown Milwaukee or areas near downtown such as the Third Ward, according to numerous commercial real estate sources.

Bon-Ton to close Boston Store in Sheboygan

Bon-Ton Stores Inc. today announced it will close its Boston Store Harbor Center location in Sheboygan.

Sendik’s to open new store in Hartland

Expanding its service into the Lake Country area, Balistreri-owned and operated Sendik’s Food Markets announced it will open a store in Hartland next year.

Real estate people

Attorney Joshua Gimbel, whose practice includes zoning and real estate law, recently left his role as a partner at Milwaukee-based Michael, Best & Freidrich to join Gimbel, Reilly, Guerin and Brown LLP, the Milwaukee law firm started by his farther, Franklyn Gimbel, in 1968.

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