Real Estate

A 22,454-square-foot HomeGoods store will be part of the second phase of the Mayfair Collection development in Wauwatosa, project developer HSA Commercial Real Estate announced today.
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The sale of The Shops of Grand Avenue in downtown Milwaukee was finalized Wednesday.
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Chicago-based HSA Commercial Real Estate could join the development team for the Drexel Town Square project in Oak Creek.
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Sendik's Towne Centre, a 187,969-square-foot mixed-use retail and office development in Brookfield, is under contract to be sold, sources familiar with the deal told BizTimes Milwaukee.
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A groundbreaking ceremony was held last week to celebrate the start of construction for the First Federal Centre project at Moorland and Greenfield avenues in Brookfield, just north of New Berlin.
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An affiliate of Beachwood, Ohio-based DDR Corp., one of the largest retail real estate firms in the U.S., recently purchased the Pick 'n Save-anchored retail property at 1717 N. Mayfair Road in Wauwatosa.
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Home sales in the metro Milwaukee area were up 3.7 percent in October, compared to October of 2013. There were 1,487 homes sold in October in the four-county area, compared to 1,434 sold in October of 2013, according to the latest report from the Greater Milwaukee Association of Realtors.
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Phase one of construction for the Energy Innovation Center began this week with a focus on creating office space for a segment of the business startups and business service providers that will call the center home.
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Milwaukee-based multi-family housing development firm Mandel Group Inc. has entered the Twin Cities market with its purchase of Lemay Lake Apartments, a 282-unit market-rate apartment complex in Eagan, Minn.
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