Wisconsin Archives - REBusinessOnline https://rebusinessonline.com/category/midwest/wisconsin/ Commercial Real Estate from Coast to Coast Wed, 23 Sep 2026 13:44:09 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.6 https://rebusinessonline.com/wp-content/uploads/2020/09/cropped-REBusiness-logo-512px-32x32.png Wisconsin Archives - REBusinessOnline https://rebusinessonline.com/category/midwest/wisconsin/ 32 32 CBRE Negotiates $60M Sale of Milwaukee Multifamily Portfolio https://rebusinessonline.com/cbre-negotiates-60m-sale-of-milwaukee-multifamily-portfolio/ Wed, 23 Sep 2026 13:44:06 +0000 https://rebusinessonline.com/?p=466500 MILWAUKEE — CBRE has arranged the sale of St. James Place and Arbor Ridge Apartments, a 374-unit multifamily portfolio in Milwaukee, for $60 million. CBRE’s Sean Beuche, Matson Holbrook and Gretchen Richards represented the seller, Weidner Apartment Homes. Jim Flinn of CBRE arranged financing on behalf of the undisclosed buyer. Both properties are located in the city’s Calumet Farms neighborhood. St. James Place consists of 236 units ranging from 675 to 1,060 square feet. Arbor Ridge features 138 units ranging from 788 to 1,125 square feet.

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]]> Avison Young Negotiates Sale of 200,696 SF Food Production Facility in Southeast Wisconsin https://rebusinessonline.com/avison-young-negotiates-sale-of-200696-sf-food-production-facility-in-southeast-wisconsin/ Mon, 14 Sep 2026 14:06:13 +0000 https://rebusinessonline.com/?p=465813 PLEASANT PRAIRIE, WIS. — Avison Young has brokered the sale of a 200,696-square-foot food production facility located within LakeView Corporate Park in Pleasant Prairie. Royal Oak Realty Trust, a New York-based real estate investment trust, acquired the property. Erik Foster and Mike Wilson of Avison Young represented the seller, EQT Real Estate. Constructed in 2017, the facility is fully leased to a national bakery products supplier.

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]]> Starwood Capital, Trinitas to Develop Three Student Housing Communities Totaling 2,046 Beds https://rebusinessonline.com/starwood-capital-trinitas-to-develop-three-student-housing-communities-totaling-2046-beds/ Fri, 11 Sep 2026 13:47:48 +0000 https://rebusinessonline.com/?p=465716 CARMEL, IND. AND MIAMI BEACH, FLA.— Starwood Capital Group and Trinitas Ventures have formed a joint venture to develop three student housing communities totaling 2,046 beds. Projects include Atmosphere Pittsburgh, a 672-bed development located at 217 Halket St. near Carnegie Mellon University in the city’s Oakland neighborhood; Atmosphere Norman, a 677-bed project located at 310 East Boyd St. near the University of Oklahoma in Norman; and Atmosphere on Mifflin, a 697-bed development located at 619 West Mifflin St. near the University of Wisconsin-Madison campus. All three communities are scheduled for completion in summer 2028. Ryan Lang led Newmark’s student housing team in arranging the joint venture. Trinitas Ventures is headquartered in Carmel, and Starwood Capital Group is headquartered in Miami Beach.

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]]> Greysteel Arranges $18.1M Sale of Multifamily Community in Metro Milwaukee https://rebusinessonline.com/greysteel-arranges-18-1m-sale-of-multifamily-community-in-metro-milwaukee/ Fri, 04 Sep 2026 13:28:21 +0000 https://rebusinessonline.com/?p=465354 CUDAHY, WIS. — Greysteel has arranged the $18.1 million sale of Cudahy Commons, a 142-unit multifamily property at 2810 E. Edgerton Ave. in the Milwaukee suburb of Cudahy. BJ Connolly, Doug Banerjee and Ryan Carter of Greysteel represented the seller, a private investor. Peak Capital acquired the asset. According to Greysteel’s newly released “Mid-Year 2026 Investor Sentiment Pulse Check,” 84 percent of respondents plan to increase their Midwest multifamily exposure over the next 12 to 18 months.

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]]> Hunter Advisors Negotiates Sale of 196-Room Renaissance Milwaukee West Hotel https://rebusinessonline.com/hunter-advisors-negotiates-sale-of-196-room-renaissance-milwaukee-west-hotel/ Thu, 03 Sep 2026 13:30:59 +0000 https://rebusinessonline.com/?p=465219 WAUWATOSA, WIS. — Hunter Advisors has negotiated the sale of the Renaissance Milwaukee West Hotel, a 196-room property in Wauwatosa, about 10 miles west of downtown Milwaukee. Spencer Davidson of Hunter brokered the transaction. Chicago-based Witness Investment was the buyer. Built in 2020 and located at 2300 N. Mayfair Road, the 12-story hotel sits adjacent to Mayfair Mall. The property features 9,864 square feet of flexible meeting and event space, the ELDR+RIME Restaurant, the Silhouette Lobby Lounge and a 12th-floor fitness center.

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]]> McShane to Build 52-Unit Affordable Housing Community in Portage, Wisconsin https://rebusinessonline.com/mcshane-to-build-52-unit-affordable-housing-community-in-portage-wisconsin/ Tue, 01 Sep 2026 13:22:22 +0000 https://rebusinessonline.com/?p=464980 PORTAGE, WIS. — Impact Seven, in partnership with Harmony Housing Partners, has selected McShane Construction Co. to build River Crossing, a 52-unit affordable housing community in Portage. Positioned on a 2-acre site at 2941 Hunters Trail, the development will consist of a podium-style building atop a one-level underground parking garage with 52 spaces. A portion of the units will accommodate adults with disabilities. Residents will have access to 13,000 square feet of amenities, including a community room, quiet lounge, media room, pet spa, fitness center and storage lockers. Completion is slated for October 2027. Continuum Architects + Planners is the architect, and General Engineering Co. is the civil engineer.

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]]> Northmarq Brokers $31M Sale of Multifamily Property in Sheboygan, Wisconsin https://rebusinessonline.com/northmarq-brokers-31m-sale-of-multifamily-property-in-sheboygan-wisconsin/ Mon, 31 Aug 2026 14:23:15 +0000 https://rebusinessonline.com/?p=464903 SHEBOYGAN, WIS. — Northmarq has brokered the $31 million sale of Harbor Estates, a 186-unit multifamily property in Sheboygan, which is north of Milwaukee. Alex Malzone, Jake Lamb, Parker Stewart and Dominic Martinez of Northmarq represented the seller, a partnership between Harmoniq Residential and Midloch Investment Partners. Built in 2002, Harbor Estates offers a mix of one-, two- and three-bedroom units. Amenities include a clubhouse, fitness center, putting green, underground parking and a pool.

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]]> CBRE Negotiates $3.9M Sale of Riverwood Apartments in Mauston, Wisconsin https://rebusinessonline.com/cbre-negotiates-3-9m-sale-of-riverwood-apartments-in-mauston-wisconsin/ Fri, 14 Aug 2026 13:19:58 +0000 https://rebusinessonline.com/?p=463538 MAUSTON, WIS. — CBRE has negotiated the $3.9 million sale of Riverwood Apartments in Mauston, about 70 miles northwest of Madison. The 32-unit multifamily community was fully leased at the time of sale. The property consists of four buildings on 3.2 acres along the Lemonweir River. Built in 1994, Riverwood Apartments offers units ranging from 575 to 1,000 square feet. CBRE’s Sean Beuche, Max Colby, Matson Holbrook and Gretchen Richards represented the seller, Riverwood Apartments LLC. The buyer was Tripp & Associates.

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]]> Quantum Brokers Sale of 67,000 SF Retail Portfolio Across Three Midwest States https://rebusinessonline.com/quantum-brokers-sale-of-67000-sf-retail-portfolio-across-three-midwest-states/ Thu, 06 Aug 2026 13:10:28 +0000 https://rebusinessonline.com/?p=462872 ILLINOIS, OHIO AND WISCONSIN — Quantum Real Estate Advisors Inc. has brokered the sale of a five-property retail portfolio totaling roughly 67,000 square feet. The centers are located in Aurora, Illinois; Milford and South Lebanon, Ohio; and Appleton and Kenosha, Wis. Dan Waszak and Brett Berlin of Quantum represented the seller, a private syndicator based on the East Coast. The buyer was a global real estate investment manager focused on acquiring niche property types, including essential service retail.

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]]> Irgens Breaks Ground on 204-Unit Viridia Apartments in Wauwatosa, Wisconsin https://rebusinessonline.com/irgens-breaks-ground-on-204-unit-viridia-apartments-in-wauwatosa-wisconsin/ Mon, 03 Aug 2026 13:38:23 +0000 https://rebusinessonline.com/?p=462513 WAUWATOSA, WIS. — Irgens has broken ground on Viridia Apartments, the company’s first multifamily development, at 10600 W. Wisconsin Ave. in Wauwatosa. The four-story, 204-unit market-rate community will serve as the final component of a larger, 14-acre mixed-use redevelopment by Irgens in the Milwaukee County Research Park. The name Viridia is derived from the Latin word “viridis,” symbolizing nature, growth, renewal and vitality. The property will include a mix of studio, one-, two- and three-bedroom units. Planned amenities include a pool, underground heated parking, a clubroom, fitness center, yoga studio, coworking spaces, a pet run and adjacency to walking trails and a public park. Initial occupancy is slated for November 2027. Irgen’s mixed-use development began with the acquisition, redevelopment and repurposing of a former United Healthcare office building in Milwaukee County Research Park. Additional development on the site includes the revitalized office building, a fully leased retail building and a medical office building. When complete, the development is expected to be valued at more than $100 million. Viridia Apartments is financed with lending from Fifth Third Bank, tax-increment financing from the City of Wauwatosa and equity funding from private investors. The project team includes EUA as architect, Greenfire as general…

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]]> Marcus & Millichap Brokers $15M Sale of Multifamily Property in Schofield, Wisconsin https://rebusinessonline.com/marcus-millichap-brokers-15m-sale-of-multifamily-property-in-schofield-wisconsin/ Mon, 03 Aug 2026 13:37:38 +0000 https://rebusinessonline.com/?p=462510 SCHOFIELD, WIS. — Marcus & Millichap has brokered the $15 million sale of Schofield Mill Apartments, an 84-unit multifamily property in Schofield within central Wisconsin. The property is situated on 1.5 acres along the Eau Claire River. Built in 2022, the community features a mix of one-, two- and three-bedroom floor plans across roughly 100,000 rentable square feet. Dan Bowar of Marcus & Millichap represented the seller, Schofield Mill Apartments LLC, and procured the buyer, a Wisconsin-based investor.

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]]> MMCC Arranges $16.5M in Construction Financing for Green Bay Multifamily Project https://rebusinessonline.com/mmcc-arranges-16-5m-in-construction-financing-for-green-bay-multifamily-project/ Thu, 30 Jul 2026 12:47:03 +0000 https://rebusinessonline.com/?p=462289 GREEN BAY, WIS. — Marcus & Millichap Capital Corp. (MMCC) has arranged $16.5 million in construction financing for Common Place Phase II, a 91-unit multifamily property with a first-floor retail unit located within walking distance of Lambeau Stadium at 670 Mike McCarthy Way in Green Bay. Robert Bhat of MMCC secured the financing through a local bank. The loan features an 80 percent loan-to-cost ratio, five-year term and 6.25 percent interest rate. Construction commenced in June. Plans call for a mix of studios, one-bedroom units and two-bedroom units designed to complement the adjacent Phase I development.

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]]> McShane to Build 93-Unit Affordable Housing Community in Madison, Wisconsin https://rebusinessonline.com/mcshane-to-build-93-unit-affordable-housing-community-in-madison-wisconsin/ Tue, 21 Jul 2026 12:50:17 +0000 https://rebusinessonline.com/?p=461550 MADISON, WIS. — Lincoln Avenue Communities has selected McShane Construction Co. to build Timberline Terrace, a 93-unit affordable housing community in Madison. The podium-style building will feature five wood-framed stories atop a below-grade precast garage. Timberline Terrace will offer one-, two- and three-bedroom units with one to two bathrooms. Amenities will include a 4,000-square-foot plaza with a playground and grill stations, as well as a playroom, community room, lounge, community service space and fitness area. The development is designed to achieve Wisconsin Green Built Homes Gold Zero certification and will incorporate a solar array on the roof, high-efficiency heat pumps and upgraded performance windows. Completion is slated for fall 2027. Knothe & Bruce Architects is the architect, and The Sigma Group is the civil engineer.

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]]> Marcus & Millichap Brokers $15M Sale of Multifamily Property in Wausau, Wisconsin https://rebusinessonline.com/marcus-millichap-brokers-15m-sale-of-multifamily-property-in-wausau-wisconsin/ Tue, 21 Jul 2026 12:49:31 +0000 https://rebusinessonline.com/?p=461547 WAUSAU, WIS. — Marcus & Millichap has brokered the $15 million sale of The Apartments at Riverlife, a 75-unit multifamily property in central Wisconsin’s Wausau. Dan Bowar of Marcus & Millichap represented the seller, Riverlife Wausau LLC, and procured the buyer, a Wisconsin-based investor. Built in 2020, the property features a mix of one-, two- and three-bedroom units across 72,177 rentable square feet. The asset overlooks the Wisconsin River.

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]]> Zilber to Develop 252,000 SF Spec Industrial Facility in Germantown, Wisconsin https://rebusinessonline.com/zilber-to-develop-252000-sf-spec-industrial-facility-in-germantown-wisconsin/ Mon, 20 Jul 2026 13:47:17 +0000 https://rebusinessonline.com/?p=461437 GERMANTOWN, WIS. — Zilber Property Group (ZPG) has unveiled plans to develop Zilber Industrial 7 within Germantown Gateway Corporate Park in Germantown, a northwest suburb of Milwaukee. The 252,000-square-foot speculative industrial facility will feature a clear height of 32 feet, 26 loading docks and two drive-in doors. Subject to final municipal approvals, construction is expected to begin this summer with delivery anticipated in winter 2026. Upon completion, ZPG will own and manage approximately 1.3 million square feet of industrial space in Germantown Gateway Corporate Park. The industrial park totals 140 acres and is positioned less than one mile east of the I-41 and Holy Hill Road interchange. Development began in 2018.

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]]> Nicholas & Associates to Build 263-Unit Luxury Apartment Community in Madison, Wisconsin https://rebusinessonline.com/nicholas-associates-to-build-263-unit-luxury-apartment-community-in-madison-wisconsin/ Fri, 17 Jul 2026 14:15:01 +0000 https://rebusinessonline.com/?p=461339 MADISON, WIS. — Moyer Properties has selected Nicholas & Associates, the construction management and general contracting arm of the Nicholas Family of Cos., to build Aster Flats, a 263-unit luxury apartment community in Madison. The three-building property will be situated on 4.9 acres. Nicholas & Associates will break ground Aug. 18, with construction taking place in phases. Completion is slated for February 2028. Designed by HKM Architects + Planners Inc., Aster Flats will offer studio, one-, two- and three-bedroom units ranging in size from 588 to 1,395 square feet. Amenities will include a clubhouse with a community lounge, entertainment kitchen and fitness and yoga center, a luxury pet spa, indoor bike room and an outdoor heated pool with a grilling terrace and courtyard area. Each of the three buildings will have one or two levels of heated indoor parking.

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]]> Hanley Investment Group Arranges Sale of Three O’Reilly Auto Parts Stores in Wisconsin https://rebusinessonline.com/hanley-investment-group-arranges-sale-of-three-oreilly-auto-parts-stores-in-wisconsin/ Tue, 14 Jul 2026 13:59:10 +0000 https://rebusinessonline.com/?p=461004 WISCONSIN — Hanley Investment Group Real Estate Advisors has arranged the off-market sale of three single-tenant retail properties occupied by O’Reilly Auto Parts in Wisconsin. Eric Wohl and CJ Kiehler of Hanley, in association with ParaSell Inc., represented the seller, a Montana-based development company. The three buildings each total around 7,000 square feet and are located in Oshkosh, Pulaski and Middleton within the Fox Valley and greater Madison trade areas. As of March 31, O’Reilly Auto Parts operated 6,644 stores across 48 U.S. states, Puerto Rico, Mexico and Canada.

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]]> Priority Capital Advisory Secures $11.5M Loan for Recapitalization of Wisconsin Multifamily Property https://rebusinessonline.com/priority-capital-advisory-secures-11-5m-loan-for-recapitalization-of-wisconsin-multifamily-property/ Thu, 09 Jul 2026 14:16:29 +0000 https://rebusinessonline.com/?p=460665 MADISON, WIS. — Priority Capital Advisory has secured an $11.5 million senior loan on behalf of REALM and OTR Real Estate for the recapitalization of Vivo Madison, a 153-unit multifamily property located at 517 Grand Canyon Drive in Madison. The joint venture acquired the property, which was a Radisson hotel at the time of acquisition, in April 2023 and converted the hotel into a multifamily asset. The main scope of work included adding kitchenettes in all units and building out common area amenities. The property received its multifamily Certificate of Occupancy in January 2026 and is currently 56 percent leased, with full occupancy anticipated by the end of this year. Vivo Madison features 147 studios and six one-bedroom units. Amenities include a clubhouse, indoor pool, fitness center, game room, coworking space, laundry facilities and outdoor lounge areas. The two-story asset is situated on 4.5 acres adjacent to University Research Park, a 1.8 million-square-foot life sciences and technology corporate campus. It is also a 10-minute drive from the University of Wisconsin-Madison and is within walking distance of West Towne Mall.

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]]> SRS Real Estate Brokers $39.1M Sale of Office Property Leased to University of Wisconsin Health https://rebusinessonline.com/srs-real-estate-brokers-39-1m-sale-of-office-property-leased-to-university-of-wisconsin-health/ Mon, 29 Jun 2026 13:50:25 +0000 https://rebusinessonline.com/?p=459943 MIDDLETON, WIS. — SRS Real Estate Partners has brokered the $39.1 million sale of a four-story, 197,860-square-foot office property in Middleton. A tenant since 2008, University of Wisconsin Health Administrative Services occupies the entire property and recently signed a new 20-year lease. John Redfield and John Battle of Lee & Associates represented the seller, a California-based private owner. The buyer was ASG Equities.

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]]> Marcus & Millichap Arranges $5.3M Sale of Retail Property in Sun Prairie, Wisconsin https://rebusinessonline.com/marcus-millichap-brokers-5-3m-sale-of-retail-property-in-sun-prairie-wisconsin/ Mon, 29 Jun 2026 13:49:37 +0000 https://rebusinessonline.com/?p=459939 SUN PRAIRIE, WIS. — Marcus & Millichap has brokered the $5.3 million sale of a net-leased childcare facility occupied by Willowbrae Academy in Sun Prairie. The newly built property totals 11,790 square feet. There are more than 14 years remaining on the lease. Dominic Sulo and Todd Lindblom of Marcus & Millichap represented the seller, a Chicago-based developer. Sulo and Sam Malato procured the locally based 1031 exchange buyer.

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