AUSTIN, TEXAS — American Campus Communities Inc. (NYSE: ACC) has acquired a portfolio of seven student housing properties totaling 3,776 beds across the Western and Midwestern United States for approximately $590.6 million. Affiliates of Milwaukee-based development firm and Core Spaces and Chicago-based DRW Real Estate Investments LLC sold the assets. All of the properties are associated with major universities, with enrollment averaging about 35,000 undergraduate and graduate students at..
MILWAUKEE — Oak Realty Group Inc. (ORG) has acquired an 879,704-square-foot industrial portfolio in Milwaukee. The 10 buildings are situated on approximately 57 acres near Milwaukee’s General Mitchell International Airport. Originally constructed in phases through 2004 by a local developer, the buildings range in size from 40,000 to 215,000 square feet. ORG plans to upgrade and renovate the portfolio, as well as work with several tenants who want to expand. ORG partnered with The Africk..
MILWAUKEE — The Dickman Co. Inc./CORFAC International has arranged the sale of a 117,600-square-foot industrial building in Milwuakee. The sales price was not disclosed. The property is located at 8200 N. Faulkner Road. Roger B. Siegel, Samuel M. Dickman Jr. and Samuel D. Dickman of the Dickman Co. brokered the transaction on behalf of the buyer, Faulkner Road LLC, and the seller, Faulkner Road Property LLC.
MENOMONEE FALLS, WIS. — The Dickman Co. Inc./CORFAC International has brokered the sale of a 42,590-square-foot industrial building in Menomonee Falls, about 20 miles northwest of Milwaukee. The price was not disclosed. The property is located on Garwin Mace Drive. Keebler Co. sold the property to AJR Properties South LLC. TJ Huenerbein, Samuel M. Dickman Jr. and Samuel D. Dickman of the Dickman Co. represented the buyer in the transaction.
GREEN BAY, WIS. — Peachtree Hotel Group has acquired the Hampton Inn Green Bay Downtown in Green Bay for an undisclosed price. The 135-room hotel is located at 201 Main St. near Lambeau Field, home of the National Football League’s Green Bay Packers. Amenities include an indoor pool, fitness center, business center and meeting space. The seller was not disclosed.
OAK CREEK, WIS. — Clover Technologies Group has signed a 16,047-square-foot industrial lease in Oak Creek, about 15 miles south of Milwaukee. The property is located at 305 E. Mahn Court. Nick Keys, Samuel M. Dickman Jr. and Samuel D. Dickman of the Dickman Co. Inc./CORFAC International represented the technology company in the lease transaction. Steve Sewart of Colliers International represented the landlord, FR/CAL Oak Creek LLC.
BROOKFIELD, WIS. — MBH Investment Real Estate LLC has arranged the sale of Triangle Plaza in Brookfield, a suburb of Milwaukee, for $1 million. The 11,567-square-foot retail center, built in 1984, is located at 13805 W. Capitol Drive. The property is 100 percent occupied by seven tenants. Matson Holbrook of MBH represented the seller, Keren Properties 9 LLC. A private investor purchased the property.
BROOKFIELD, WIS. — The Dickman Co. Inc./CORFAC International has negotiated the sale of an 8,500-square-foot industrial building in Brookfield. The sales price was not disclosed. The property is located at 21825 Doral Road. Cale Berg of the Dickman Co. represented the buyer, McCarthy Property Management LLC. Stephen Provancher of MLG Commercial represented the seller, Millicent F. Hawley.
MADISON, WIS. — National Specialty Insurance (NSI) has commissioned The Gialamas Co. and The Livesey Co. to develop a 150,000-square-foot office building in Madison. The building will accommodate NSI’s current space needs of 80,000 square feet, while also providing it with the opportunity to expand to 150,000 square feet. The building will be located in the last large remaining parcel of Old Sauk Trails Office Park. In addition to being a tenant in the building, West Bend Insurance..
CUDAHY, WIS. — Colliers International has arranged the sale of Mitchell Industrial Park in Cudahy, about seven miles south of Milwaukee. The sales price was not disclosed. The 10-building, 879,704-square-foot park is located near the intersection of College and Pennsylvania avenues. A joint venture between WHI Real Estate Partners LP and BK Ace Industrial Holdings LLC sold the property to Deerfield, Ill.-based Oak Realty Group Inc. BK Ace Industrial Holdings had previously purchased the..