Real Estate

The number of homes sold increased 18.3 percent in January, year-over-year, according to the latest report from the Wisconsin Realtors Association (WRA). That continues a 19-month trend of double digit home sales growth in the state.

Neroli Salon & Spa in April will move its Third Ward location at 325 E. Chicago St., Milwaukee, to the Institute of Beauty and Wellness building at 327 E. St. Paul Ave.

Six years ago, developer Kendall Breunig began work on a massive redevelopment project, an effort to revitalize a 260,000-square-foot mostly vacant and underutilized complex of six connected buildings built between 1875 and 1910 near downtown Milwaukee.

The Opus Group plans to build a six-story, 80-unit student apartment building at 1400 W. Wells St., adjacent to the Marquette University campus in Milwaukee. The 80 apartments would have a total of 165 bedrooms. The building would also have 8,126 square feet of first floor retail space. The building would be constructed northwest of North 14th Street and West Wells Street. The existing building on the 0.4-acre site, which includes a Subway restaurant and the Kampus Foods store, would be demolished. Korb Tredo Architects is the designer for the project.

A team of developers, led by Wispark LLC, this week unveiled detailed architectural renderings for the Drexel Town Square project in Oak Creek. Hundreds of residents attended an open house to see the plans.

Waukesha-based Gerald Nell Inc. was hired by Kwik Trip Inc. to remodel and build a 5,300-square-foot addition to its...

CBREForward Real Estate LLC purchased 1.26 acres at the southwest corner of Washington Street and Wisconsin Avenue in West...

CBREAdvanced Stores Company, Inc. leased 6,000 square feet of space at 4153 S. 76th St., Greenfield, from Lewenauer Investment...

Nysse launches new ventureDoug Nysse, an architect who has specialized in hotel projects, recently left his postion with Milwaukee-based...

Milwaukee-based Northwestern Mutual Life Insurance Co. announced late last week that New Haven, Conn.-based Pickard Chilton will be the design architect for the new office tower that the company plans to build at its downtown Milwaukee headquarters campus.