Real Estate

Imagine you have been appointed king of Milwaukee for a day. You hold all the chips, you press all the buttons and you pull all the levers. And you are a commercial real estate developer. What is the one dream project you would do?
BizTimes is asking that question to three commercial real estate developers. They will present their dream projects at the 10th annual BizTimes Commercial Real Estate & Development Conference.

RedFusion Studios, a product design and development firm focused on integrating technologies with manufacturers’ products, will relocate its Port Washington office to the fifth floor of the Phoenix Building, 219 Milwaukee Street, in Milwaukee’s Third Ward by Oct. 1.

Olive Fine Organic Living, located at 2624 N. Downer Ave. in Milwaukee’s East Side neighborhood, is expanding adding 700 square feet to its existing 1,500 square feet of space.

U-Haul Company of Eastern Wisconsin announced it has expanded the U-Haul network of self-storage locations with its purchase of an existing Wisconsin storage facility located in Oak Creek at 611 W. Puetz Road.

Steele Solutions Inc. recently completed construction of a 35,000-square-foot plant addition in Franklin that has significantly boosted its capacity to manufacture mezzanines and other steel structures for use in distribution centers, warehouses, factories and other commercial and military settings throughout the world.

Stormwater Solutions Engineering LLC, announced this week that it will occupy space in the Global Water Center, which is being developed in a seven-story, 98,000-square-foot, 106-year-old Walker’s Point warehouse at 223 W. Pittsburgh Ave., Milwaukee.

East Pointe Marketplace, a 57,888-square-foot shopping center in downtown Milwaukee, is for sale, according to Chicago-based commercial real estate firm Holliday Fenoglio Fowler LP, which says it has been hired to market the property for the sellers, a joint venture of Northwestern Mutual Life Insurance Co. and Mandel Group Inc.

West Bend Corporate Center, a 130,000-square-foot shopping center at 1201-91 Paradise Dr., West Bend, was sold recently by Ripp Family LLC to Madison-based real estate investment firm Ascendant Holdings LLC for $11.475 million, or about $88.27 per square foot.

The state Department of Natural Resources (DNR) announced last week that it has determined that the Downtown Transit Center site in Milwaukee is not subject to the state’s public trust doctrine.

The 127-room Hilton Garden Inn hotel that First Hospitality Group Inc. is building in the historic Loyalty Building in downtown Milwaukee is expected to open Nov. 1, said hotel general manager Lisa Farrell.