Real Estate

BizTimes Real Estate Weekly: Meijer store could anchor Oak Creek’s new downtown

Drexel Town Square developers are negotiating with Grand Rapids, Mich.-based retailer Meijer Inc. to open a 192,000-square-foot store that would anchor Oak Creek's new downtown development, according to numerous sources.

New construction

Brookfield-based Briohn Building Corp. recently completed the design and construction of a 17,866-square-foot Aurora Medical Clinic on Janesville Road...

Sales

Colliers International|WisconsinThe Drilling Restaurant Group purchased a retail center at 5651 Broad St. in Greendale for $375,000.Commercial Realty AdvisorsAndy...

Leases

Colliers International|WisconsinThe American Heart Association leased 5,510 square feet of office space in Schlitz Park at 1555 N. River...

Homebuilders’ confidence rises to highest since 2006

A gauge of confidence among homebuilders rose in December to its highest level since April 2006, with respondents encouraged by declining inventory and good sales conditions.

Wisconsin home sales continue to soar

Wisconsin home sales continued to grow at a robust pace in November, extending a strong growth trend that started in July last year.
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Conversion

Keith and Sharon Seib, the owners of Planet Bead, recently purchased a vacant 95-year-old, 5-story, 12,500-square-foot, office building at 810 N. Plankinton Ave. in downtown Milwaukee.

MANDI finalists announced

LISC Milwaukee has announced the 16 finalists for its Milwaukee Awards for Neighborhood Development Innovation (MANDI).

Waukesha shopping center sold

Opus Development Corp. announced today that it has sold the second phase of The Shoppes at Fox River shopping center development in Waukesha to Ramco Gershenson Properties Trust.

Sales

CBRE1801 Pewaukee LLC purchased 45,164 square feet of space at 1801-05 Pewaukee Road, Waukesha, from Eastern Wisconsin Water Conditioning...

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