Real Estate
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Legislator wants audit of public bonds for Marriott hotel project
State Sen. Lena Taylor, D-Milwaukee, on Tuesday issued a request for an audit of the Wisconsin Housing and Economic Development Authority’s (WHEDA) allocation of $43.5 million Midwest Disaster Area bonds for Jackson Street Management LLC’s $54 million, 204-room Marriott hotel development, which is currently under construction southwest of Wisconsin Avenue and Milwaukee Street in downtown Milwaukee.
Grand Avenue adds three new tenants
The Shops of Grand Avenue in downtown Milwaukee recently added three new tenants to the western half of the mall.
Sports World will occupy 1,730 square feet, Cream City Soap Company will occupy 1,675 square feet and Boss Chick Clothing will occupy 1,496 square feet. All three will open in mid-October.
Sports World will occupy 1,730 square feet, Cream City Soap Company will occupy 1,675 square feet and Boss Chick Clothing will occupy 1,496 square feet. All three will open in mid-October.
Willis North America to move Milwaukee area office to Brookfield
Willis North America, a unit of London-based Willis Group Holdings, a global insurance broker, announced today that it plans to move its Milwaukee area office from 2323 N. Mayfair Road in Wauwatosa, to a 26,000-square-foot office space at 400 N. Executive Dr. in Brookfield. The new office will open on Oct. 29.
Aldermen vote to retain DCD head
The Milwaukee Common Council this morning voted in favor of a new four year term for Richard “Rocky” Marcoux as the commissioner of the Department of City Development (DCD).
Developers of Aloft and Marriott hotels propose Park East hotel
Jackson Street Management LLC, the group of hotel development investors that are building the 204-room Marriott Hotel under construction downtown and developed the 160-room Aloft hotel in the Park East corridor downtown, are planning to build another hotel.
CBRE moves to new space at U.S. Bank Center
The Milwaukee office for real estate brokerage CBRE recently moved to a new space in the office’s longtime home, the U.S. Bank Center at 777 E. Wisconsin Ave. in downtown Milwaukee.
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Cresa moves Milwaukee office
Cresa, a Boston-based commercial real estate advisory firm that exclusively represents tenants, recently moved its Milwaukee office from the Chase Tower at 111 E. Wisconsin Ave. in downtown Milwaukee to the CityCenter at 735 N. Water St., downtown.
Goodwill to build store in Bay View
Goodwill Industries of Southeastern Wisconsin plans to build a 20,000-square-foot store at 123 W. Oklahoma Ave., Milwaukee, in the city's Bay View neighborhood.
State home sales up 20.3 percent in August
The number of home sales in Wisconsin was up 20.3 percent in August compared to August of 2011, according to the Wisconsin Realtors Association.
Metalcraft of Mayville to expand in West Bend
Metalcraft of Mayville Inc., a Mayville, Wis.-based metal fabrication company, plans to expand its West Bend facility at 2600 Metalcraft Road.
