Real Estate

Global Water Center II LLC, an affiliate of Milwaukee-based real estate development firm HKS Holdings LLC and the Global Water Center, recently purchased a 121-year-old, five-story industrial building at 326-332 W. Florida St. for $950,000, according to state records.
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A group affiliated with auto dealer Jim Griffin bought the Bergstrom Automotive Chevrolet dealership property at 11100 W. Metro Auto Mall on the far northwest side of Milwaukee for $7.8 million, according to state records.
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The owners of WiRED Properties and Phelan Development announced Tuesday that they plan to convert the National Ace Hardware property in Milwaukee into a “community based retail and office re-development.”
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HomeServices of America, Inc., a Berkshire Hathaway affiliate, announced Tuesday it had acquired First Weber Realtors, Wisconsin's leading real estate firm, and its subsidiary, Priority Title Corp., for an undisclosed sum.
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Chicago-based real estate investment firm Fulcrum Asset Advisors LLC has a contract to purchase the 20-story 250 Plaza office building in downtown Milwaukee, according to commercial real estate sources. The sale is expected to close this week, according to one source.
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Ad-Tech Medical Instrument Corp. is planning to move its 15,000-square-foot headquarters from Racine to a 35,000-square-foot state-of-the-art facility in Oak Creek's Oakview Business Park.
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Milwaukee Department of City Development officials have selected a 10-story apartment development proposed by Klein Development Inc. for a vacant site at 1027 N. Edison St. on the Milwaukee River downtown.
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On Tuesday the Milwaukee County Board's Economic and Community Development Committee approved an agreement to sell the Milwaukee County City Campus, an outdated and vacant facility located on 27th and Wells St., for $272,000 to Wiegand Enterprises.
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Milwaukee-based ER Wagner Manufacturing Co. Inc. is in the process of acquiring 32 acres of land in Menomonee Falls, according to president and chief executive officer Lew Schildkraut. The scheduled closing date is Aug. 20.
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The owners of the Silk Exotic strip club in Milwaukee are again trying to open a strip club downtown.
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