Real Estate

Opus Development Corp. announced that it will break ground on a 47,000-square-foot addition to the Shoppes at Fox River development, built on a 54.7-acre site along Sunset Drive on the southwest side of Waukesha. The project is expected to be complete by next winter.

The average price of homes sold in Wisconsin rose in March by 0.4 percent, compared to March of 2011, to $123,500, according to the Wisconsin Realtors Association (WRA).

One of Chicago's most popular and critically acclaimed restaurants is coming to Milwaukee.

The Milwaukee Water Council announced that the global pump company Grundfos will become an initial tenant of the Water Research & Business Accelerator Center at 223 W. Pittsburgh in Milwaukee’s Walker’s Point neighborhood.

MGIC Investment Corp. today reported a net loss for the first quarter of $19.6 million, or 10 cents per share, compared with a net loss of $33.7 million, or 17 cents per share, for the same quarter a year ago.

Northwestern Mutual Life Insurance Co. Inc. has sold the Russell Investments Center in Seattle to CommonWealth Partners for $480 million, in what is believed to be the largest single asset office sale in the Western United States since 2006.

Existing home sales in Wisconsin were up significantly in March, with home sales growing 25 percent over the levels of March 2011, according to the latest monthly report by the Wisconsin Realtors Association (WRA).

Opus Development Corp. announced today that it will break ground this month on a 47,000-square-foot addition to the Shoppes at Fox River development along Sunset Drive on the southwest side of Waukesha.