Latest News
Downtown office building may be converted to apartments
Kenosha-based Bear Development LLC plans to spend about $5 million to convert a 57,626-square-foot office building at 700 W. Michigan St. in downtown Milwaukee into an apartment building, said S.R. Mills, president of Bear Development.
Trampoline park planned in New Berlin
Steve Steidl, the executive director of KHS USA Inc. in Waukesha, plans to open a trampoline park in the speculative industrial building that Zilber Property Group is building in New Berlin.
Brookfield Trader Joe’s building sold for $4.78 million
The 12,500-square-foot Trader Joe’s store building in Brookfield has been sold to a California-based private investment firm for $4,782,609, or $382.61 per square foot, according to Northbrook, Ill.-based The Boulder Group, which brokered the deal for the seller.
40-acre New Berlin development site for sale
A 40-acre site southeast of South Moorland Road and West Grange Avenue, just south of the I-43/Moorland Road interchange, is for sale.
Poblocki may build new HQ at former DMV
West Allis-based Poblocki Paving Corp. has purchased the 7,000-square-foot former Department of Motor Vehicles building on a 3.1-acre site at 423 S. Curtis Road, which is located near its existing headquarters at 525 S. 116th St. Poblocki plans to use the property for equipment storage and repairs and may build a two-story, 9,000-square-foot office space addition for its new corporate headquarters. The total cost of the project is estimated at $1.2 million.
Real estate odds and ends
Zeman Tool & MFG Inc. plans to add a 25,000-square-foot addition to its 25,000-square-foot building at W228 N575 Westmound...
BizTimes Commerical Real Estate Conference video
The BizTimes Milwaukee annual Commercial Real Estate and Development Conference was held earlier this month at Potawatomi Bingo Casino.
Real Estate Spotlight: Can Penzeys save Brown Deer Road?
Brookfield-based Penzeys Spices is working on plans to purchase and redevelop the former Northridge Mall, located northwest of Brown Deer Road and North 76th Street.
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Walker to give opening remarks for IREM Forecast Breakfast
Gov. Scott Walker will give the opening remarks at the annual Institute of Real Estate Management (IREM) Milwaukee chapter Forecast Breakfast, which will be held on Thursday, Jan. 10, at 6:45 a.m. at the Italian Conference Center, 631 E. Chicago, Milwaukee.
Real estate people
Milwaukee-based Colliers International|Wisconsin recently added Jennifer Bullock as an investment analyst for the brokerage division and Dale Joswick as...
Leases
Colliers International|WisconsinNorthshore Christian Church leased 6,900 square feet of office space in the Mill Run Business Center at 6659...
Sales
Colliers International|WisconsinKilian Management Services purchased a storage condo in Wingate Storage Condos at the corner of Enterprise and Trenton...