Real Estate

Angelic Bakehouse held a groundbreaking ceremony this morning to celebrate the start of construction of its new, 22,000-square-foot production facility at 3275 E. Layton Ave. in Cudahy. The project is expected to be complete this fall and then the company will relocate its operations from Waukesha.

Alegus Technologies recently moved from Bown Deer to Wauwatosa and is leasing 8,000 square feet of space at 1000 Innovation Dr., a 203,000-square-foot office building owned by Irgens.

Wauwatosa-based commercial real estate development firm Irgens and St. Clare Hospital today announced development plans for a $6.5 million, 30,000-square-foot medical office building on the hopsital’s campus in Baraboo.

An investors group consisting of developer Joshua Jeffers, the owner of J. Jeffers & Co., Shelley Lamoreaux of the North Shore Arsenal Soccer Club and John Lamoreaux, the owner of Ticket King, plan to purchase a 25,000-square-foot building at 2920 W. Vera Ave. in Glendale, which they will convert into an indoor sports complex called Inbounds Training.

The ownership group of Schlitz Park in downtown Milwaukee is seeking a $900,000 loan from the Milwaukee Economic Development Corp. (MEDC) to renovate 50,000 square feet of space in its RiverCenter building.

Briohn Building Corp., Brookfield, recently completed the design and construction of Sport Clips, located at 12460 W. Capitol Dr.,...

Wauwatosa-based commercial real estate development firm Irgens has a contract to purchase the 66-acre Ruby Farm site west of Calhoun Road between Bluemound Road and I-94 in Brookfield, said chief executive officer, president and manager Mark Irgens. He declined to disclose the sale price.

Real estate development firm Irgens plans to move its corporate headquarters from Wauwatosa to the 17-story, 357,000-square-foot office building that it plans to build at 833 E. Michigan St. in downtown Milwaukee. The firm also released a video this week to show what the proposed building will look like.

National Retail Properties Inc., an Orlando-based real estate investment trust (REIT), recently purchased a 2.5-acre site at the southeast corner of Highway 50 and 104th Avenue in Pleasant Prairie for $1.3 million, according to state records.

Dan Druml, the owner of Milwaukee-based Paul Davis Restoration, recently purchased a 9,020-square-foot warehouse building at 1310 N. 6th St. in Milwaukee.