Real estate odds and ends

Panel approves plans for huge warehouse in Pleasant Prairie
The Village of Pleasant Prairie Plan Commission this week approved previously announced plans by Majestic Realty Company to build a 1.18 million-square-foot warehouse and distribution center on a 87.5-acre site east of 88th Avenue and south of Bain Station Road. Majestic has not indicated who will occupy the building. The company plans to begin consruction of the facility this summer.

Spring Park Apartments sold
The Spring Park Apartments complex at 7401-7535 W. Silver Spring Dr. in Milwaukee was sold recently in a sheriff’s deed sale to Chatsworth, Calif.-based HCP Properties Inc., according to state records. The value of the transaction is listed as $2.355 million. The property was sold by Daniel Bruckner of Fox Point.

Wauwatosa industrial building sold
Endeavor 4480 LLC recently purchased a 78,786-square-foot industrial building at 4480 N. 124th St., Wauwatosa, from The Wagner Companies for $780,000, according to state records. The building, constructed in 1956, has rail access, a crane and heavy power, according to LoopNet.

DSM acquires Waukesha building from Cargill
DSM Food Specialties USA Inc. acquired the building at 620 Progress Dr., Waukesha, from Cargill Inc. The deal was recorded on Friday, May 10, accoding to state records. The sale price is listed at $680,000 in state records. The property has an assessed value of $3.1 million, accoding to Waukesha County records. Last year Cargill announced it was selling its cultures and enzymes business to DSM

Former M&I Bank CEO buys Capitol Drive church building

Dennis Kuester, the former chairman, president and chief executive officer of M&I Bank, recently purchased a church building at 2328 W. Capitol Dr., Milwaukee, from Lifestyle Ministries for $94,500, according to state records, which list Kuester’s residence as Naples, Fla.

Another sign planned for Brewhouse Inn & Suites
A sign for Jackson’s Blue Ribbon Pub will be added to the Juneau Avenue and 10th Street corner of the Brewhouse Inn & Suites hotel building in the former Pabst brewery complex in downtown Milwaukee. The sign will be similar to the existing sign for the hotel at the northeast corner of the building. The sign must be approved by the city’s Historic Preservation Commission.

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