Real Estate
In addition to these stories, check out our real estate data tool for agricultural, commercial, manufacturing, and multi-family real estate transactions over the past 30 days.
BizTimes Real Estate Weekly: Industrial market absorbs half-million square feet in Q2
The southeastern Wisconsin industrial real estate market had positive net absorption of 553,168 square feet of space during the second quarter and the region’s industrial rate dipped slightly to 7.33 percent, according to the Xceligent and Commercial Association of Realtors Wisconsin (CARW) second quarter report.
Real estate people
Milwaukee-based Colliers International|Wisconsin recently added Jenna Duesler as an associate broker for the retail division and Alex Brackman and...
Sales
Cassidy Turley Barry Bridge Holding LLC purchased a 154,000-square-foot building at 5700 Bender Ct., Milwaukee, from H. Coleman Norris...
Leases
Cassidy Turley Barry Xpress Global Systems Inc. leased 34,000 square feet of industrial space at N89 W14700 Patrita Dr.,...
Real estate odds and ends
Brookfield-based engineering firm R.A. Smith National said that it is providing complete site design services to Cabela’s for a new store in Ashwaubenon. The approximately 100,000-square-foot store will be located at U.S. Highway 41 and Lombardi Avenue near Lambeau Field. The store will be located in the Titletown Development area being developed in conjunction with the Green Bay Packers.
County Board approves Park East Square
The Milwaukee County Board voted last week to approve a revised development agreement for the Park East Square project, a 181-unit apartment development planned in the Park East Corridor. Supervisors John Weishan Jr. and Willie Johnson Jr. cast the only “no” votes.
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Bradley Corp. completes new plant in Germantown
Menomonee Falls-based Bradley Corp. recently held a ribbon cutting and grand opening ceremony at its new, 190,000-square-foot plant at N106 W13500 Bradley Way in Germantown. The facility, which may be expanded to 300,000 square feet in the future, will be the primary manufacturing location for a variety of commercial washroom products.
Another apartment building planned near downtown
Dominion LLC plans to build a five-story, 20-unit apartment building on a vacant lot at 1509 N. Jackson St., just north of downtown Milwaukee. The proposed building is designed by Joel Agacki, co-founder of Striegel-Agacki Studio.
Retail market rebounds in Q2
The southeastern Wisconsin retail real estate market bounced back during the second quarter, recovering from a rough first quarter, according to the Xceligent and Commercial Association of Realtors Wisconsin (CARW) second quarter report. During the second quarter the market had positive net absorption of 82,607 square feet of space and the vacancy rate dipped to 7.7 percent.
Office market improves in Q2
The southeastern Wisconsin office real estate market is finally showing signs of improvement after years of high vacancy, according to the Xceligent and Commercial Association of Realtors Wisconsin (CARW) second quarter report.