Real Estate

Fewer homeowners in region are underwater

As a housing market continues to gradually recover from the collapse during the Great Recession, the percentage of homeowners in the metro Milwaukee area that are underwater (owe more on their home than it is worth) fell from 29.1 percent in the fourth quarter of 2012 to 28.2 percent in the first quarter of 2013, according to a new report from Seattle-based Zillow Inc., which tracks residential real estate values.

The Couture might include hall for MSO

The Milwaukee Symphony Orchestra is in early stages of considering plans to move its performances to a concert hall that could be built for the MSO in The Couture, the 44-story residential and hotel tower planned by Barrett Visionary Development near the lakefront.

Real estate people

The Milwaukee office of CBRE recently added Matthew Cariello to its office brokerage team and welcomed back Matt Hunter...

New construction

Brookfield-based Briohn Building Corp. was contracted to design and build an 80,000-square-foot manufacturing facility for Lake Country Manufacturing Inc....

Owners of strip club near West Bend buy building

Norco, Calif.-based Spearmint Rhino Consulting Worldwide Inc. recently purchased a building at 1208-96 Highway 33, in the Town of Trenton east of West Bend, that is partially occupied by its Spearmint Rhino strip club.

Grunau featured in Flying Car video

Milwaukee real estate developer Gary Grunau, president of Grucon Group LLC and co-owner of the Schlitz Park office complex, was recently featured in an online video for Flying Car, a showcase of emerging Milwaukee-area innovation and technology talent.
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Leases

Colliers International|WisconsinTOW of Wisconsin leased 6,875 square feet of warehouse space at W143 N9350 Henry Stark Road, Menomonee Falls.Associated...

Aldi to expand Oak Creek distribution center by 100,000 square feet

Aldi will add more than 100,000 square feet to its Oak Creek distribution center at 9342 S. 13th St.

SURG to open 8-Twelve MVP Bar and Grill at Bayshore

SURG Restaurant Group plans to open a second 8-twelve MVP Bar and Grill restaurant, which would be located in space currently occupied by Coa at Bayshore Town Center in Glendale, SURG announced this week.

The Couture might include hall for MSO

The Milwaukee Symphony Orchestra is in early stages of considering plans to move its performances to a concert hall that could be built for the MSO in The Couture, the 44-story residential and hotel tower planned by Barrett Visionary Development near the lakefront.

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