GREENFIELD, WIS. — Total Wine & Spirits has signed a 25,000-square-foot retail lease at 84South in Greenfield, a suburb of Milwaukee. The mixed-use development is being built on 48 acres near Interstate 894, according to the Milwaukee Journal Sentinel, the local newspaper. Phase I is slated to open this summer. Scott Satula and Dan Rosenfeld of Mid-America Real Estate represented the landlord in the transaction.
MILWAUKEE — The Dickman Co. Inc./CORFAC International has negotiated the lease of 114,844 square feet of industrial space in Milwaukee. Southern Star Buske LLC, a limited liability company, will occupy the industrial/office space at 7501 N. 81st St. TJ Huenerbein of the Dickman Co. represented the tenant. Jeff Hoffman of The Boerke Co. Inc. represented the landlord, WMI Milwaukee LLC.
BROOKFIELD, WIS. — Colliers International has brokered the lease renewal of 87,786 square feet of office space in Brookfield. Old Republic Insurance Co. has renewed a 74,077-square-foot lease while expanding to an additional 13,709 square feet at Deer Creek Corporate Center. Lyle Landowski and Joe Lak of Colliers International brokered the deal.
MADISON, WIS. — Dwight Capital has provided a $19.8 million loan for the refinancing of Blackhawk Trails Apartments in Madison. The property consists of 196 units. The 35-year loan was financed through HUD’s 223(a)(7) program at an interest rate of 3.6 percent. Blackhawk Trails LLC was the borrower. Adam Sasouness of Dwight Capital originated the loan.
BROWN DEER, WIS. — Colliers International has brokered a 40,370-square-foot office lease renewal for BMO Harris Bank in Brown Deer, a suburb of Milwaukee. The building is located at 4701 W. Schroeder Drive. Lyle Landowski, Scott Welsh and Mike Fardy of Colliers International brokered the transaction.
PEWAUKEE, WIS. — The Dickman Co. Inc./CORFAC International has arranged the sale of a 12,735-square-foot industrial building in Pewaukee, approximately 18 miles west of Milwaukee. The building is located at 633 Cecelia Drive. The buyer, James K. Ihn, purchased the building from Mainka Properties LLC. Cale Berg, Samuel M. Dickman Jr. and Samuel D. Dickman of the Dickman Co. brokered the transaction.
MILWAUKEE — The Dickman Co. Inc./CORFAC International has brokered the sale of a 33,000-square-foot industrial building located at 7878 N. 86th St. in Milwaukee. The sales price was not disclosed. Nick Keys of the Dickman Co. represented the buyer, 7878 North LLC. Scott Furmanski of CBRE represented the seller, 7878 Associates LLC.
MENOMONEE FALLS, WIS. — Mid-America Real Estate has negotiated a 23,496-square-foot lease for TJ Maxx at Whitestone Station in Menomonee Falls near Milwaukee. The 67-acre mixed-use development is located on Falls Parkway and is anchored by Costco. Dan Cohen and Tony Colvin of Mid-America represented TJ Maxx in the lease transaction.
BEAVER DAM AND WAUPUN, WIS. — KeyBank Real Estate Capital has provided $12.8 million in refinancing for a two-property assisted living portfolio in Wisconsin. Prairie Ridge at Beaver Dam consists of 27 assisted living units and is located in Beaver Dam, about 40 miles northeast of Madison. The property was built in 1998 and renovated in 2010. Prairie Ridge at Waupun consists of 47 assisted living units and is located in Waupun, 20 miles north of Beaver Dam. The property was built in 1999 with an addition constructed in 2008. The FHA loan was used to pay off existing debt on the property. Michael Eisenga, owner of Prairie Ridge Facilities, was the borrower. John Randolph of KeyBank arranged the loan.
MILWAUKEE — The Milwaukee Symphony Orchestra (MSO) is hoping to purchase and restore the former Warner Grand Theatre in downtown Milwaukee in time for its fall 2019 season. An anonymous donor is leading the initiative to purchase the vacant theater, which would be converted into a concert hall. The renovation would include bathroom modernizations and updated seating to fit a capacity of 1,750. The theater’s acquisition and renovations are expected to cost between $70 million and $80 million. The MSO is hoping to acquire the site in fall 2017. The project is part of a $120 million MSO fundraising campaign that would also raise bridge financing and increase the organization’s general endowment. The MSO brought in $17 million in revenue during its 2015-2016 season. The symphony’s 80 full-time musicians perform more than 135 concerts each season. The orchestra currently performs at the Marcus Center for the Performing Arts on North Water Street. The 12-story Warner Grand Theatre is situated on West Wisconsin Avenue. The MSO is the only major orchestra in the nation without control over its own performance venue, according to the MSO’s president and executive director. The Art Deco-style theater was built in 1931 and was last occupied …