Real Estate

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.

Construction spending soars

Construction spending in May across the nation reached the highest level since December 2009 as widespread gains in private nonresidential construction, single-family and multifamily homebuilding more than offset a continuing downturn in public construction, according to an analysis of new federal data released today by the Associated General Contractors of America.

HellermannTyton seeking loan for expansion

HellermannTyton Corp. is seeking financing from the Milwaukee Economic Development Corporation to purchase a building and land at 6701-11 W. Good Hope Road in Milwaukee.

Pewaukee environmental firm expands in Chicago

Pewaukee-based Natural Resource Technology Inc., an environmental consulting firm, has moved its Chicago office to a larger downtown location.

Real estate people

Colliers International|Wisconsin recently added Brody Wachter as a property manager, Maggie Brueggen as an associate broker in the industrial...

Sales

Dickman Company Dean Road II d.b.a. Marking Services INc. purchased the 24,000-square-foot industrial building at 8801 W. Heather Ave.,...
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Leases

Boerke Company Callidus Software Inc. leased 4,682 square feet of office space in the Wells Building at 324 E....

Real estate odds and ends

U.S. Bank announced Tuesday that it is providing more than $2.8 million in new markets tax credit equity for the construction of a 52,000-square-foot office and fabrication facility for J.F. Ahern Co. in the Menomonee Valley in Milwaukee.

UWM men’s basketball will play on campus

The University of Wisconsin-Milwaukee men's basketball team will now play its home games at the on-campus Klotsche Center, Director of Athletics Andy Geiger announced Tuesday.

BMO to close 17 Wisconsin branches

BMO Harris Bank will close 24 branches, including 17 in Wisconsin, as part of its post-acquisition consolidation efforts.

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