WAUKESHA, WIS. — Tap-In Golf Bar has leased 6,776 square feet of retail space at Silvernail Plaza in the Milwaukee suburb of Waukesha. The property is located at 2100 Silvernail Road. Emily Smits and Scott Satula of Mid-America Real Estate represented the landlord, Waukesha Retail LLC.
Wisconsin
WAUWATOSA, WIS. — M&R Development has opened 2929 on Mayfair, a 258-unit luxury apartment complex in the Milwaukee suburb of Wauwatosa. M&R co-developed the project with Campbell Capital Group. RMK Management is the property manager. Located at 2929 N. Mayfair Road, the property is just down the street from The Mayfair Collection, a 69-acre mixed-use development. Illinois-based M&R has now opened three apartment communities in Wisconsin in the last three years. Units at 2929 on Mayfair range from 453 to 1,282 square feet. Monthly rents range from $1,250 to $2,610. A three-story clubhouse is at the center of the community with an adjoining courtyard and outdoor pool. The shared spaces include an entertainment kitchen, coffee bar, lounge, fitness center, yoga room, business center with private conference rooms and workstations, a pet washing station and package room. There is also a three-level parking garage with car wash and electric vehicle charging stations.
WAUKESHA, WIS. — Marcus & Millichap has brokered the $14.9 million sale of a 112,010-square-foot shopping center in Waukesha, a western suburb of Milwaukee. Sendek’s Grocery Store anchors the property, which is also home to Walgreens, McDonald’s and Cost Cutters. Austin Weisenbeck and Sean Sharko of Marcus & Millichap represented the seller, a limited liability company. The team also procured and represented the buyer, a Michigan-based limited liability company.
AMERY, WIS. — Kraus-Anderson has completed the first phase of renovations at Amery Hospital & Clinics in Amery, a city in Northwest Wisconsin. Designed by BWBR Architects, this phase included a $2.3 million infusion and emergency room totaling 4,813 square feet. Phase II, which is nearing completion, includes a remodel of the emergency department’s waiting area, triage area and low acuity rooms as well as a build-out of a new at-risk behavioral health room and central nursing station. Next month, Kraus-Anderson will begin an extensive remodel of the emergency department’s procedure room and break room as well as an additional build-out of the behavioral health room and exam rooms. This final phase is slated for completion in March.
KOHLER, WIS. — Mid-America Real Estate Corp. has arranged the sale of Deertrace Kohler in Kohler, a northern suburb of Milwaukee. The sales price was undisclosed. Managed by Pine Tree, the 171,366-square-foot shopping center features tenants such as T.J. Maxx, HomeGoods, Sierra Trading Post, Dollar Tree, Spectrum, Bath & Body Works, U.S. Cellular, Mattress Firm and JoAnn. Rick Drogosz and Dan Rosenfeld of Mid-America represented the seller, IRC Retail Centers/DRA Advisors. Chase Properties was the buyer.
FOND DU LAC, WIS. — Marcus & Millichap has brokered the $1.2 million sale of a 2,070-square-foot gas station occupied by Exxon in Fond du Lac, a city in eastern Wisconsin along Lake Winnebago. The net-leased property is located at 362 N. Peters Ave. Austin Weisenbeck, Sean Sharko, Nicholas Kanich and Timothy Nichols of Marcus & Millichap represented the seller, a limited liability company. Weisenbeck, Sharko and Nichols secured and represented the buyer, a private investor.
MUSKEGO AND OAK CREEK, WIS. — Walker & Dunlop has arranged $16 million in HUD-insured loans for the acquisition of two assisted living properties in metro Milwaukee. Kevin Giusti and Daniel Barone of Walker & Dunlop arranged the financing on behalf of the borrower, a developer. The first property is Caring Alternatives of Muskego, a 30-unit community located on Pioneer Drive in Muskego. The second is Caring Alternatives of Oak Creek, a 45-unit property located on 13th Street in Oak Creek.
MILWAUKEE AND BROOKFIELD, WIS. — Planet Fitness has signed two new retail leases in metro Milwaukee. The first lease is for 12,995 square feet at 121 W. Oklahoma Ave. in Milwaukee. PJR Properties LLC is the property landlord. The second lease is for 26,975 square feet at the Shops on Bluemound, which is located at 16085 W. Bluemound Road in Brookfield. An entity doing business as HHAMB LLP is the landlord. Adam Dreier and Tony Colvin of Mid-America Real Estate represented the tenant in both leases.
STURTEVANT, WIS. — Marcus & Millichap has arranged the sale of a 50-room hotel and restaurant building located at 910 S. Sylvania Ave. in Sturtevant, a southern suburb of Milwaukee. The sales price was undisclosed. The buyer, a private investor, plans to rebrand the property as a Super 8 by Wyndham hotel. Ebrahim Valliani and Michael Klar of Marcus & Millichap represented the buyer and the seller, a private investor. Chris Gomes, Allan Miller and Todd Lindblom of Marcus & Millichap also assisted in closing the deal.
SUN PRAIRIE, WIS. — Heyday has opened the first phase of Heyday Sun Prairie, a 170-unit build-to-rent community in the Madison suburb of Sun Prairie. Homes feature attached garages with electric vehicle charging outlets, private patios, keyless entry and green spaces. Monthly rents range from $1,700 for one-bedroom homes to $2,800 for three-bedroom homes. New leases include a six-month membership to nearby Sun Prairie Athletic Club. Daniel Management Group is the property manager.