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.
Can downtown hotel market absorb huge supply boost?
Three hotels are under construction in downtown Milwaukee: a 205-room Marriott hotel southwest of Wisconsin Avenue and Milwaukee Street; a 128-room Hilton Garden Inn hotel in the historic Loyalty Building at 611 Broadway; and the 90-room Brewhouse Inn at the former Pabst brewery complex.
Shorewood Mixed-Use
Mandel Group Inc. plans to begin construction this month on LightHorse | 4041, a mixed use development on Oakland Avenue in Shorewood. The building will have 84 apartments, 20 percent of them at “affordable” rents and an 18,000-square-foot Walgreens store. Mandel Group recently closed on the financing for the Shorewood project and the 155-unit second phase of its North End apartment complex development in downtown Milwaukee, which will also break ground this month. The total combined investment in the two developments is estimated by Mandel Group at more than $71 million.
12.5%
The inventories of unsold homes in Wisconsin dropped to 12.5 months of supply in December, which is the first time it has been below 13 months since the Wisconsin Realtors Association (WRA) began tracking inventory levels in May 2010.
Shoppes at Fox River expansion could include T.J. Maxx
Opus Development Corp. plans to expand its Shoppes at Fox River development, at 1200 Sunset Dr. on the southwest...
Real estate events
NAIOP Developing Leaders Lunch with a Leader featuring Fran Brzezinski of Interstate Partners. Thursday, Feb....
Real estate people
Vanevenhoven named NAI MLG Commercial principal Brian Vanevenhoven has been named a principal of Brookfield-based NAI MLG Commercial. He...
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New construction
Brookfield-based Briohn Building Corp. was contracted to do design and construction work for an interior tenant improvement project for...
Sales
Ogden & Company Heuler XI LLC purchased four apartment buildings totaling 13 units at 8616, 8626,...
Potawatomi plan to build $36 million data center
The Potawatomi Business Development Corp. (PBDC), which is the economic diversification arm of the Forest County Potawatomi tribe, today...