Real Estate
Stay informed on commercial real estate development, investment, and property news in the Milwaukee area.
Advertising agency buys former Capitol Drive Ethan Allen store
Adserts Inc. recently purchased the 15,000-square-foot former Ethan Allen store building at 14750 W. Capitol Dr., Brookfield, for $900,000, according to state records.
Quad New Berlin commingling center building sold for $9.3 million
Boston-based STAG Industrial Inc. purchased the 204,500-square-foot building at 5600 S. Moorland Road in New Berlin, which is occupied by a Quad/Graphics Inc. commingling center, for $9.28 million, according to state records. The deal was recorded Monday.
Former Metropolitan Cadillac dealership sold for $2 million
The former Metropolitan Cadillac dealership at 10221 W. Arthur Ave. in West Allis sold recently for $2 million to an Illinois real estate investment group, according to state records.
UMB lease kick-starts Schlitz Park
UMB Fund Services has signed a lease for 88,000 square feet of office space at the Schlitz Park office complex in downtown Milwaukee and will move there next year from its current downtown location at 803 W. Michigan St., owned by Zilber Property Group, executives with Schlitz Park and UMB announced Tuesday. UMB has signed a 10-year lease at Schlitz Park.
NML to vacate East Building in October
In October, 600 Northwestern Mutual Life Insurance Co. employees will vacate the East Building on its downtown Milwaukee corporate headquarters campus.
Harmony Initiative shifts plans to Laacke & Joys site
The Harmony Initiative, a collaboration of the Milwaukee Ballet Company, the University of Wisconsin-Milwaukee Peck School of the Arts and the Medical College of Wisconsin, no longer plans to build a facility at the site of the Marcus Center for the Performing Arts parking structure at Water and State streets. Now the initiative plans to establish operations in the former Laacke & Joys buildings at 1421-33 N. Water St. in downtown Milwaukee.
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Real estate odds and ends
Sales up for area remodelersA recently completed member survey conducted for the Milwaukee/NARI (National Association of the Remodeling Industry)...
Vollrath fills middle of restaurant niche
Vollrath Co. has a history stretching back to 1874, when it was called Sheboygan Cast Steel Co. and manufactured enameled cast iron utensils.
Activity picks up on two-block stretch of Wisconsin Avenue
Wisconsin Avenue is supposed to be downtown Milwaukee's grand main drag. But while full service hotels on the street, such as The Pfister, and class A office buildings on the street, such as the U.S. Bank Center, have performed well the retail spaces and class B and C office buildings there have struggled for years with a large amount of vacant space.
Radio station’s building will have unique rooftop
On the rooftop of the building at 220 E. Pittsburgh Ave. in Milwaukee's Walker's Point neighborhood sits 2,422 square feet of green space.
