Wednesday, September 9, 2015
DTZ Barry changes names, drops national affiliation
September 9, 2015 10:28 AM
Rather than change its name for a fourth time in five years, the Barry Company, a 95-year-old independently-owned commercial real estate company in downtown Milwaukee, is changing its name from “DTZ Barry” back to its original “Barry.”

The rebranding also removes Barry from being affiliated with a national real estate company.

“We came to a point where we had a choice, to move in one direction or another, and we made the decision to rededicate ourselves to our core brand and our local affiliation,” said James T. Barry III, president of the Barry Company.

The Barry Company was the James T. Barry Company Colliers International. Then, after pressure from Colliers to give more prominence to the national brand, became Colliers Barry.

After Cassidy Turley broke away from Colliers in 2010, Barry became Cassidy Turley Barry and later DTZ Barry following the Cassidy Turley-DTZ merger.

In May, Cushman & Wakefield announced a merger with DTZ and James Barry learned the Cushman & Wakefield name would have to be used.

“The real estate industry is going in a direction where much larger national and international brand names are going to eventually dominate local brands,” Barry said. “We really did not want to lose our brand. The Barry name is what people have always known.”

Milwaukee-based Boerke Company, Inc., a Cushman & Wakefield Alliance member, will not be rebranding.

Barry has a long in southeast Wisconsin, completing transactions for high-profile clients including Harley-Davidson, Morgan Stanley Dean Witter and U.S. Bank.

Recently, the firm was involved in the land assemblage that resulted in the 165 acre, 1.5 million-square-foot development of the new Amazon distribution fulfillment center in Kenosha. The Barry Company is currently marketing the 220-acre OakView Business Park in Oak Creek.

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Milwaukee County Research Park issues RFP for two lots
September 9, 2015 10:32 AM
The Milwaukee County Research Park Corporation (MCRPC) has issued a request for proposal for two commercial/retail development lots totaling about 3 acres at Research Park in Wauwatosa.

The lots will be sold as a package for $3.3 million. MCRP will not pay a real estate sale commission on the transaction.

Lot 10 is 1.6 acres. Lot 21 is 1.5 acres and includes a 8,190-square-foot building. The structure was built in 1913 and is the former power house of the Muirdale Tuberculosis Sanitarium complex.

MCRPC's is hoping to attract high quality, mixed-use, high-density commercial and retail development that will provide amenities for the occupants of the Research Park, the Milwaukee Regional Medical Center, the University of Wisconsin-Millwaukee Innovation Campus, and the general public, according to a written statement.

The open lots are near the 199-room Crowne Plaza hotel. Possible uses would include but are not limited to:  restaurants, coffee shops, public markets, public houses, convenience stores (without gas), banking services, copy centers and other retail uses.

The RFP is available at Interested parties may also contact Guy T. Mascari, Executive Director in writing at the Milwaukee County Research Park, 10437 Innovation Drive, Suite 123, Wauwatosa, Wisconsin 53226 or by e-mail at  

The deadline for submissions is 5 p.m. Nov. 2. 

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Construction on Home2 Suites hotel in Brookfield begins
September 9, 2015 10:35 AM
Construction on a 107-room Home2 Suites by Hilton hotel has begun near Goerke's Corners in the Town of Brookfield.

The Home2 Suites is scheduled to open in the fall of 2016 and will be managed by Kinseth Hospitality Companies.

Iowa-based Kinseth Company held a groundbreaking ceremony for the project Sept. 3.

The project is the second Home2 Suites by Hilton hotel in the Milwaukee area. Middleton-based Raymond Management Company built a three-story, 110-room Home2 Suites hotel at 5880 S. Howell Ave., Milwaukee, near Mitchell International Airport, in 2014

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Third Ward law firm moving to Schlitz park
September 9, 2015 10:54 AM
Siesennop & Sullivan has leased 4,306 square feet in the Schlitz Park Keg House building at 111 W. Pleasant St. in Milwaukee.

The law firm will move to Schlitz Park from the Third Ward building at 200 N. Jefferson St. by the end of the year, said W. Wayne Siesennop, managing partner.

Siesennop & Sullivan has been in the Third Ward since 1997.

The firm is the latest of several that have moved to Schlitz Park in recent years. Minacs Marketing Solutions will move its Milwaukee office from The Blue at 310 West Wisconsin Avenue in downtown Milwaukee to the Stock-House building in the Schlitz Park complex. The company will occupy 18,000 square feet of space on the fifth floor of the Stock-House building.

Schlitz Park now has an occupancy rate of 98 percent and is planning a massive expansion.

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Craft brewery and tap room coming to West Allis
September 9, 2015 11:01 AM
A former Lakefront Brewery brewer and his wife are leasing a 5,772-square-foot warehouse in West Allis with plans to open the city's first craft brewery and tap room.

Erik and Kim Dorfner will lease 1825 S. 72nd St., from a friend who has an accepted offer to close on the property Oct. 17.  Pending city approval, the Dorfner's will open Westallion Brewing. Erik Dorfner, who left Lakefront Brewery at the end of February, said Westallion will have eight draft lines available at all times including a rotating seasonal brew and a historical beer.

“I'm a history major so I'm always studying the history of beer,” he said.

Four of the beers will be available in the building's 2,000-square-foot tasting room and the other four will be available at local bars, Dorfner said. Dorfner is hoping to secure tap lines at 10 West Allis bars. So far, he has letters of intent signed with five local establishments.

The couple is planning to build a five barrel brew house at the site (by comparison, Lakefront Brewery has 50 barrels), which he said has the ability to turn itself over and brew 15 barrels of beer a day.

The Dorfners would like to open Westallion on April 23, 2016 – the 500 year anniversary of The Reinheitsgebot, the German beer purity law.

Kim is an event and public relations coordinator at the Best Place at the Historic Pabst Brewery so she will make a perfect business partner, Erik said.

The Dorfner's have been working with West Allis Mayor Dan Devine for almost a year to find the right location for the brewery. Devine said he has no doubt the city council will approve the Dorfner's plan for the property.

“This really falls in line with the vision I have for the city with coffee shop, art galleries, Corvina Wine Company and now a tap room being added to the docket, it's a great addition,” Devine said.

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Aurora exec sells Lake Drive home
September 9, 2015 10:43 AM
Stephen Bablitch, Aurora Health Care's chief of strategic business affairs has sold his home at 4762 N. Lake Drive in Whitefish Bay for $1.4 million. The property has an assessed value of $1.5 million, according to Milwaukee County records.

Benjamin T. Crichton, with Shoreline Real Estate Company, purchased the home.

Bablitch is the former secretary of the Wisconsin Department of Administration under Gov. Jim Doyle and the former chief executive of Blue Cross and Blue Shield of Wisconsin.

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Real estate odds and ends
September 9, 2015 10:47 AM

Pleasant Prairie site sold for retail development
Oldacre McDonald, LLC has purchased 2 acres of vacant land near 76th Street and 94th Avenue in Pleasant Prairie for $1.6 million. Nashville, Tenn.-based Oldacre has submitted plans to the village to build 6,280-square-foot and 7,370-square-foot multi-tenant buildings on the land. Specific tenants are unknown but the developer would like to use the space for retail and restaurants, according to the village.

Mt. Pleasant retail building sold for $1.97 million
The UPS Store of Roseville (Minnesota) has purchased the 3,000-square-foot Mount Pleasant Commerce Center, 7115 Durand Ave. for $1.97 million. The building’s current tenants include Anytime Fitness, Milwaukee PC and AT&T.

Retail building planned in Waukesha
Madison-based contractor, TJK Design & Construction, is proposing Klinke Commercial Development, a 4,700-square-foot multi-tenant building at the intersection of Sunset Drive and S. Prairie Avenue in Waukesha. Tenants have not been identified but plans call for 35 parking spaces and two drive-thru windows.

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September 9, 2015 11:04 AM


Gruber Law Offices, LLC leased 18,136  square feet and Michael Sperling leased 4,421 square feet of space at 100 East Wisconsin Ave., Milwaukee, from Hub Properties Trust.

SimplexGrinnell LP leased 18,000 square feet of space at 14778 Shawn Circle, Menomonee Falls, from R & S Partnership.

Familia Dental South Milwaukee, LLC leased 5,200 square feet of space at 821 South Layton Boulevard, Milwaukee, from W. Villarreal Properties LLC.

SourcePoint Staffing leased 4,036 square feet of space at 12745 W. Capitol Dr., Brookfield, from Tri City National Bank.

Cecilia Knopfhart d.b.a. Taco El Norte leased 2,400 square feet of space at 960 75th Street, Kenosha, from RB Resolution Properties, LLC.

Ascend Technology, Inc. leased 1,889 square feet of space at 250 Bishops Way, Brookfield, from Wisconsin Robinson Family Limited Partnership.

Alternatives in Psychological Consultation, SC leased 1,800 square feet of space at 5421 North 118th Court, Milwaukee, from Monterey Park Ltd.

Rebeca Aguilar Salaza, d/b/a Love Nails leased 1,200 square feet of space at 3458 52nd Street, Kenosha, from RB Resolution Properties, LLC.

Colliers International|Wisconsin

Merrill Lynch, Pierce, Fenner & Smith Inc. renewed their 11,044-square-foot office space lease at Riverwood Corporate Center I at N19 W224400 Riverwood Dr., Pewaukee.

David A. Klapatch and Joseph W. Arnold have renewed their 1,348-square-foot office space lease at 19435 W. Capitol Dr., Brookfield.

NAI MLG Commercial

Dickens Books, Ltd. leased 23,410 square feet of space at 544 S. 1st St., Milwaukee, from Independence First, Inc.

Professional Sports Training of WI leased 10,432 square feet and Zone Mechanical North Inc. leased 5,216 square feet at 2630-2658 S. 162nd St., in New Berlin from New Berlin II, LLC.

Macro Machine Inc. leased 7,875 square feet at 2600-26 S. 162nd St., New Berlin, from New Berlin II, LLC.

LifeSpring Church leased 5,000 square feet of space at 20711 Watertown Rd., Waukesha, Wisconsin from Goerkes Park, LLP.

The United States Golf Association leased 2,366 square feet of space at 12700 W. Bluemound Rd., in Elm Grove from Annex 127, LLC.

Aras Promotions has leased 2,000 square feet at 225 E. Mason St., Milwaukee, from Dermond Property Management.

Edward Jones leased 1,170 square feet of space at 7441 S. 27th St., Franklin, from RRA, LLC.

World Finance Corporation of Wisconsin leased 1,329 square feet at N81 W14900-N81 W14966 Appleton Ave., in Menomonee Falls from MP Falls Plaza, LLC.

uBreakiFix leased 1,041 square feet at 3606-3658 S. 27th St., Milwaukee, from Milwaukee S.C., LLC.

RFP Commercial

HSA Bank extended its 21,604-square-foot lease in the Schlitz Park Stock House building at 235 W. Galena St. in Milwaukee.

CNA Insurance leased 8,115 square feet at 10000 Innovation Dr., Wauwatosa.

Siesennop & Sullivan leased 4,306 square feet in the Schlitz Park Keg House building at 111 W. Pleasant St. in Milwaukee.

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September 9, 2015 11:08 AM


Jablonka Investments, LLP purchased 52,820 square feet of space at N92 W15966 Megal Drive, Menomonee Falls, from Jerona, LLC.

Colliers International|Wisconsin

ICA Mayfair Venture LLC purchased a building at 3077 N. Mayfair Road, Wauwatosa, for $3.3 million.

NAI MLG Commercial

Noby Wisconsin Real Estate LLC purchased 14,433 square feet of space at 2360 N. 124th St., Wauwatosa from WDC/HLP SF Office, LLC.

SHONGOLOLO, LLC purchased 7,730 square feet at 10950 W. Good Hope Rd., Milwaukee, from Spirit Master Funding III, LLC.

Terra Yard Creations, LLC purchased 5.75 acres at 1522 E. Grant St., Elkhorn, from Glatz Barn.

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Andrew Weiland BizTimes Real Estate Weekly is compiled by BizTimes Milwaukee managing editor Andrew Weiland. This bulletin is published every Wednesday morning. Send real estate news tips to or call him at (414) 277-8181, ext. 120.

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