Real Estate

A $22 million renovation project has begun at the Schlitz Park office complex at the former Schlitz brewery in downtown Milwaukee.

Stoughton-based Universal Acoustic & Emission Technology Inc., will invest more than $3 million to improve its plant in Beloit.

Carroll University will build a state-of-the-art science center in Waukesha for occupancy in fall 2016.

After years of planning, the city of Waupun will break ground next month for a new aquatic center on the city’s east side.

The county could start construction on a new jail facility as early as 2015, but county leaders still have no plan for what the facility will look like, where it will be, how much it will cost or how they will pay for it.

Milwaukee-based real estate development firm J. Jeffers & Co. recently purchased a 128-year-old Brady Street building for $305,000, according to state records.

The former Milwaukee Paper Box Co. building at 1560-68 W. Pierce St. in Milwaukee was sold recently for $1.375 million, according to state records.

A vacant 0.4-acre site at 200-216 S. Broadway in Milwaukee’s Historic Third Ward sold recently for $2 million, according to state records. Chicago Street Holdings LLC purchased the property from Term-Broadway LLC.

Redevelopment of another historic building at the former Pabst brewery complex is expcted to begin this fall.

Brookfield-based real estate development firm 2000 Development Corp. plans to build a 120,000-square-foot, multi-tenant industrial building on an 11-acre site at the northeast corner of Commerce Circle and Watertown Road in the city of Pewaukee.
The firm hopes to break ground on the project this fall or in the spring of 2014, said Brandon Bergman, president of 2000 Development Corp.