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Recent real estate transaction announcements – 11/2/22
Leases
Mid-America Real Estate:
MP Property Acquisition, LLC, purchased 1.24 AC at 835 West Johnson Street, from ATR Corinth Forest, LLC. Mike Fitzgerald...
WEC Energy Group increasing renewable investment by $1.9 billion
Milwaukee-based WEC Energy Group’s capital investment plan for the next five years includes an additional $1.9 billion in spending on renewable energy in comparison to the current five-year investment plan.
Logistics company OEC Group opens Milwaukee-area location
Taipei, Taiwan-based OEC Group, a freight forwarding company, has entered the Milwaukee-area market with the opening of a new office in Brookfield at 250 N. Sunnyslope Road.
Federal Home Loan Bank of Chicago to help finance $20.6 million in affordable housing projects in Illinois and Wisconsin
The Federal Home Loan Bank of Chicago (FHLBank Chicago) announced that it has granted $20.6 million via its Affordable Housing Program (AHP) General Fund to help finance 35 housing projects in Illinois and Wisconsin.
Sale of InSinkErator closes
After Benton Harbor, Michigan-based Whirlpool Corp. announced its plans to acquire Mount Pleasant-based manufacturer InSinkErator in August, the $3 billion deal has officially closed.
Southeastern Wisconsin manufacturing returned to downward trend in October
After showing signs of growth in September, the southeastern Wisconsin manufacturing sector returned to a downward trend in October as companies saw customers pull back on orders and payments, according to the latest Marquette-ISM Report on Manufacturing.
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Wisconsin gets middle of the pack ranking for state business tax climate
Wisconsin ranks 27th for business tax competitiveness, according to the Washington, D.C.-based Tax Foundation’s 2023 State Business Tax Climate Index.
Wipfli acquires Kentucky-based business consulting firm
Wauwatosa-based accounting and advisory firm Wipfli announced this week it has entered into an agreement to acquire Louisville, Kentucky-based Oliver Group. The Oliver Group provides clients with business consulting and services.
Ingeteam shares growth plans during visit from local, federal officials
Spanish company Ingeteam, a manufacturer specializing in energy conversion, could soon surpass its original goal of having 275 employees at its Milwaukee facility.
Report: Kenosha casino approval would be ‘significantly less’ risky today for state than when Walker rejected it
A new report from the Wisconsin Legislative Reference Bureau says a 2018 amendment to the state's compact to the Potawatomi significantly reduces the state's financial risk to approving plans for a Kenosha casino.