Real Estate

Northwestern Mutual sells Seattle office tower

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.

Wisconsin market improves again

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).

Shoppes at Fox River expansion to include T.J. Maxx and Ulta

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.

WHEDA affordable housing tax credit awards announced

Gov. Scott Walker today announced the award of $12.6 million in affordable housing tax credits, to be distributed by the Wisconsin Housing and Economic Development Authority (WHEDA), to help finance 21 housing developments in the state.

New construction

Milwaukee-based Inland Construction Inc. recently completed a 13,200-square-foot tenant improvement project for Aurora Health Care at 3935 W. Mitchell...

Sales

RFP Commercial Plankview Green Development purchased the 57,270-square-foot retail building at 7500-50 N. 76th St., Milwaukee, from SBS...
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Leases

CBRE North American Corp. leased 122,730 square feet of space at 1800 S. Sylvania Ave., Yorkville, from Grandview...

Brady Street bakery to expand

Peter Sciortino’s Bakery, located at 1101 E. Brady St. on Milwaukee’s East Side, plans to expand.

Panda Express coming to former Foster Pontiac site

A 2,448-square-foot Panda Express restaurant is planned for the former Foster Pontiac site at 3636 S. 27th St., on the south side of Milwaukee.

UW Credit Union opens Waukesha branch

UW Credit Union has opened its newest branch at 21215 E. Moreland Blvd. in Waukesha. The full-service branch is its fourth in the Milwaukee area and twentieth branch in Wisconsin.

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