Real Estate

Bank acquires Clarke Hotel in sheriff’s sale

Sheboygan-based Community Bank & Trust recently acquired the Clarke Hotel, located at 314 W. Main St. in downtown Waukesha in a sheriff’s sale. The transaction was recorded on Thursday, May 9, according to state records.

Metro area home sales up 2.3% in April

Home sales in the four-county metro Milwaukee area were up 2.3 percent, to 1,576, in April compared to April of 2012, according to the latest report from the Greater Milwaukee Realtors Association (GMAR).

Mandel Group to break ground on Whitefish Bay project

Milwaukee-based Mandel Group Inc. will hold a groundbreaking ceremony on Wednesday, May 29, to celebrate the start of construction for its $28 million Beaumont Place project, an 83-unit, three-building apartment development that will be built in Whitefish Bay.

Subdivision planned in Brookfield at former school site

Neumann Companies plans to build a 25-home subdivision on a 6.5-acre site in Brookfield.

Real estate people

The Milwaukee office of Cresa recently added Shannon Mayer as a broker. Previously she worked for Foley & Lardner...

New construction

Brookfield-based Briohn Building Corp. recently completed the construction of a 7,500-square-foot medical clinic for Concentra at 5500 W. Brown...
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Sales

Anderson CommercialMichael Eidenberger purchased a 0.3-acre site at 528 W. Grand Ave., Port Washington, from Westbury Bank.Mid-America Real EstateOutpost...

Leases

Anderson Commercial Airgas Safety leased 13,000 square feet of office space at 12000 W. Park Place, Milwaukee.Moraine Park Technical...

Real estate odds and ends

Panel approves plans for huge warehouse in Pleasant Prairie The Village of Pleasant Prairie Plan Commission this week approved...

Penzeys to move corporate offices to Northridge

Penzeys Spices has been tight-lipped and vague publicly about its plans for the former Northridge Mall property, located near Brown Deer Road and North 76th Street on Milwaukee’s far northwest side, which the company is in the process of acquiring.

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