Real Estate

Area home sales up 15% in August

The number of homes sold in the four-county metro Milwaukee area increased by 15 percent in August to 1,862, compared to 1,619 homes sold in August of 2012, according to the latest report from the Greater Milwaukee Association of Realtors (GMAR).

Third Ward building sold for $4.5M

Badger Investments LLC recently purchased the 95-year-old, seven-story office building at 219-39 N. Milwaukee St., in the city's Historic Third Ward neighborhood, from Phoenix Building LLC for $4.545 million.

Commercial developers target Pleasant Prairie sites

The Village of Pleasant Prairie, which for years has been a Kenosha County hot spot attracting businesses moving north from the Chicago area, continues to attract development.

Hofbrauhaus planned at Bavarian Inn

Cincinnati-based The Bistro Group Inc. plans to open a Hofbrauhaus restaurant and beer garden in the Old Bavarian Inn building at 700 W. Lexington Blvd. in Glendale.

New construction

Brookfield-based Briohn Building Corp. recently completed the design and construction of a 8,500-square-foot retail building at Moorland Road and...

Sales

Judson & Associates205 W. Vogel LLC purchased 28,090 square feet of space at 205 W. Vogel Ave., Milwaukee, from...
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Leases

Judson & AssociatesImperial Communications Company leased 5,950 square feet of space at 17770 W. Liberty Lane, New Berlin, from...

Real estate odds and ends

CARW and NAIOP-WI to move office downtownCommercial real estate trade associations Commercial Association of Realtors Wisconsin (CARW) and NAIOP-WI...

ProHealth Care to break ground Sept. 17 for cancer center

ProHealth Care will hold a groundbreaking ceremony on Tuesday, Sept. 17, to celebrate the start of construction for the $70 million, 116,000-square-foot cancer center that it will build on a 14-acre site southwest of Pewaukee Road (Highway 164) and Riverwood Drive, just north of I-94 in the City of Pewaukee.

Physicians Realty Trust acquires Texas medical buildings

Physicians Realty Trust, a Milwaukee-based health care real estate investment trust, has used the proceeds of its recent IPO to complete the $40 million acquisition of a surgical hospital and adjacent medical office building in El Paso, Texas.

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