Real Estate

Parks advocacy group Preserve Our Parks this week sent a letter to Milwaukee County Executive Chris Abele threatening to file a lawsuit to prevent development of The Couture, a proposed 44-story mixed use building, on the current site of Milwaukee County's Downtown Transit Center, located southwest of Lincoln Memorial Drive and Michigan Street near the lakefront.

Milwaukee County Executive Chris Abele plans to veto the development agreement approved last week by the County Board for an extended stay hotel at the Innovation Park development in Wauwatosa in an attempt to eliminate wage requirements for the project, Abele spokesman Brendan Conway said.

Colliers International|Wisconsin and Inland Companies today announced plans to move its Milwaukee offices from the former Pabst brewery complex in downtown Milwaukee to the 17-story office tower proposed by Wauwatosa-based Irgens at 833 E. Michigan St. in downtown Milwaukee.

Glenwood Crossings, a 87,504-square-foot shopping center in Kenosha, was sold by Northbrook, Ill.-based Cloverleaf Group to Cincinnati-based Phillips Edison for $12.85 million, according to state records.

Northwestern Mutual Life Insurance Co. Inc. has acquired a leasehold interest in 3330 Hillview, a two-story, 29,744-square-foot office building in the Stanford Research Park in Palo Alto, Calif.

The membership of Brew City Redevelopment Group LLC, which includes an investors group led by Best Place owner Jim Haertel and another group that includes Wauwatosa accountant Daniel Glaser, has entered into an agreement that settles a legal battle between the two groups, Haertel announced.

Milwaukee-based Rishi Tea needs additional space and could move to another location in the city or expand at its current location, co-owner and vice president of sales Benjamin Harrison said.

Construction is underway on a renovation and expansion project at Horizon Home Care & Hospice’s in-patient hospice unit at Columbia St. Mary’s Hospital Ozaukee that will both increase sizes of individual rooms and make the unit more inviting and comfortable for hospice patients.

Milwaukee-based C.G. Schmidt has been named construction manager for a $1.4 million addition at the Paper Machinery Corp. (PMC) headquarters in Milwaukee.

UMB Fund Services Inc. plans to move its office from 803 W. Michigan St. on the west side of downtown Milwaukee about 1.5 miles northeast to the Schlitz Park office complex on the north side of downtown Milwaukee.