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10/10/2017
MedProperties Acquires 17-Property Health Care Portfolio for $230 Million
Dallas-based private-equity firm MedProperties Holdings has acquired a 17-property, 620,750-square-foot portfolio of medical office buildings, clinics, surgery centers and other healthcare properties from Harrison Street Real Estate Capital LLC for about...

10/05/2017
Evergreen Acquires 72-Unit Affordable Senior and Disabled Housing Community in Racine
Evergreen Real Estate Services LLC acquired Durand Plaza, a 72-unit affordable senior and disabled housing community at 3003 Durand Ave. in Racine, WI from Verigreen Development LLC. In conjunction with its acquisition, the buyer is planning a $2...

09/29/2017
Brennan Investment Group, Arch Street Capital Acquire Wildamere Portfolio for $100M
Chicago-based Brennan Investment Group, along with equity partner Arch Street Capital, acquired a 2.5 million-square-foot portfolio of industrial and office properties from Minnesota-based Wildamere Capital Management. The 11 properties span eight...

09/25/2017
Office Lease Up (September 25) Facebook Takes 436,000 SF in San Francisco's Largest Office Lease Since 2014
Facebook, Inc. has leased all 436,000 square feet of office space at developer Jay Paul's 181 Fremont St., a 70-story office tower under construction in downtown San Francisco across from the Transbay Transit Center. The social media giant leased the...

09/22/2017
Security Insurance & Financial Services Sells New Berlin Facility
La Salle Properties Management LLC acquired the office building at 2725 S. Moorland Rd. in New Berlin, WI from Security Insurance & Financial Services, Inc. for $3.55 million, or about $100 per square foot. The three-story office building is 35,589...

09/15/2017
Industrious Leases 20,000 SF in Madison
Industrious, a co-working office space provider, signed a lease for 20,000 square feet in the office building at 25 W. Main St. in Madison, WI. The eight-story building totals 198,000 square feet and was constructed in 1963. The office building is...

09/14/2017
Market Trend: Milwaukee's Mid-Year Industrial Deliveries, Construction and Inventory
During the second quarter 2017, eight buildings totaling 703,760 square feet were completed in the Milwaukee market area. This compares to five buildings totaling 235,775 square feet that were completed in the first quarter. There were 1,922,510 square...

08/24/2017
Kohl’s Spurns Store Closings, Seeks to Grow Sales by Downsizing Stores, Expanding Online
National department store chain Kohl’s (NYSE: KSS) has ramped up initiatives to “optimize or right size” its store fleet across the country. Unlike other department store chains that have primarily been closing stores, the Milwaukee-based retailer has...

08/21/2017
Brennan, Arch Street Team Up Again, Form Fifth JV To Acquire Industrial Properties
Arch Street Capital Advisors, a Greenwich, CT-based real estate investment advisory firm, has paired another of its investor clients with Chicago-based Brennan Investment Group to acquire, own and manage a portfolio of industrial properties throughout...

08/18/2017
Market Trend: Select Top Five Milwaukee Industrial Leases Signed in Q2 2017
The select top industrial lease signed during the first half of 2017 in the Milwaukee market was at Johnson Diversey Distribution Center in the Racine East Industrial submarket. Diversey, Inc. renewed its 551,759-square-foot lease there in the first...

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