Sensing that the time is right to take advantage of an improving retail real estate market, Mid-America Real Estate-Wisconsin, one of the most prominent retail real estate brokerage firms in Milwaukee, is planning a significant expansion to its staff.
The firm, which currently has eight brokers, plans to add an additional three brokers, said principal Dan Rosenfeld.
“Retailers are looking at southeast Wisconsin and seeing market share that they can gain,” Rosenfeld said. “We are seeing a lot of activity. We are ramping up our brokerage staff to provide outstanding service to not only retailers, but retail property owners as well.”
Mid-America’s eight brokers are split into two teams with four handling sales and leasing for retail property owners and the other four exclusively representing retail tenants.
The firm plans to add two brokers to the team representing retail property owners and an investment broker, who will help support the team representing retail property owners, Rosenfeld said.
“We feel going forward the market is there for a lot of opportunity in the shopping center investment side of the business,” he said. “We are actively recruiting an investment broker and two property leasing and sales brokers. We are looking for talented individuals who share our vision. The time is right – this is an incredible opportunity for the right people.”
Mid-America Real Estate – Wisconsin is one of five offices in the Mid-America Real Estate Group, including Oakbrook Terrace, Ill., Chicago, West Bloomfield, Mich., and Minneapolis locations. The Wisconsin office was established in 2000 by Rosenfeld and Dan Cohen.
Mid-America has recently been retained as the exclusive leasing and sales agent for Pabst Farms Towne Center in Oconomowoc, Drexel Town Square in Oak Creek (led by Milwaukee-based Wispark LLC), and the Ruby Farms development project, which is being done by Wauwatosa-based Irgens, in Brookfield.