Milwaukee’s Changing Skyline: 2017

Changing Skyline Stay up to date on the latest major projects in the Downtown metro. We take you on a tour of downtown Milwaukee to highlight some of the high-profile developments that are taking place around the city and provide a unique perspective of the future urban landscape.

Q4 2016 Industrial Market Report

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NAI MLG Commercial releases its latest industrial market report. The Milwaukee Industrial market experienced 269,272 SF of positive absorption in the third quarter of 2016, and for the year the market has absorbed over 4.5 million SF. The vacancy rate increased slightly from last quarter, as it is now at 4.31% compared to 4.18% (Q3 […]

Oakwood Park Dr Sold for $3.38 Million

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NAI MLG Commercial is pleased to announce the sale of 9935 S. Oakwood Park Drive in Franklin, WI for $3.38 million. Brett Garceau and Adam Matson of NAI MLG Commercial represented the buyer, Kraft Music, in the transaction. Kraft Music purchased the building in an effort to consolidate their operations in a single location with […]

Q3 2016 Industrial Market Report

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NAI MLG Commercial releases its latest industrial market report. The Milwaukee Industrial market experienced 918,579 SF of positive absorption in the third quarter of 2016, and for the year the market has absorbed 4.3 million SF. The vacancy rate decreased slightly from last quarter, as it is now at 4.19% compared to 4.42% (Q2 ’16) […]

Q3 2016 Office Market Report

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NAI MLG Commercial releases the Office Market Report for Q3 2016. The Milwaukee office market experienced 135,897 SF of positive absorption in the third quarter of 2016. The availability rate decreased slightly from 21.23% (Q2 16’) to 20.52% (Q3 16’). Over the past year, the availability rate has decreased from 22.13% (Q3 15’). During the same […]

Deal of the Year Nominations

NAI MLG Commercial is well represented in this year’s CARW Deal of the Year final nominations. For the Development Deal of the Year, Barry Chavin is nominated for his work with Milwaukee Electric Tool Company expansion in Brookfield, WI. Barry, Mitchell Starczynski, and Travis Tiede were nominated for the Industrial Deal of the Year for […]

BOMA Awards TOBY to NAI MLG Commercial

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NAI MLG Commercial is excited to announce that the Wisconsin chapter of the Building Owners and Managers Association (BOMA) awarded The Outstanding Building of the Year (TOBY) to One and Two Riverwood Place for Best Low-Rise Suburban Office Building.  Liz Collins, Senior Property Manager in charge of the day-to-day management of the Riverwood buildings, accepted the […]

Q2 2016 Madison Market Recap

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NAI MLG Commercial is pleased to release its latest Madison Market Recap. The office and industrial sectors continue to show positive absorption. See the second quater market brief here: Q2 2016 Madison Market Recap

Q2 2016 Industrial Market Report

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NAI MLG Commercial releases its latest industrial market report.The Milwaukee Industrial market experienced 825,097 SF of positive absorption in the second quarter of 2016, and over the past year the market absorbed 5.06 million SF. The vacancy rate increased slightly from last quarter, it now sits at 4.4% compared to 4.2% (Q1 ’15) as new […]

Q2 2016 Office Market Report

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NAI MLG Commercial releases its latest office market report. The Milwaukee office market experienced 156,643 SF of positive absorption in the second quarter of 2016. The availability rate decreased slightly from 22.35% (Q1 16’) to 21.14% (Q2 16’). Over the past year the availability rate has decreased from 22.13% (Q2 15’). During the same period of […]

12100 W Wirth Street Leased

12100 W Wirth

NAI MLG Commercial is pleased to announce the lease of 27,000 square feet located at 12100 W. Wirth St. in Wauwatosa, WI. Canteen Vending Machines and Services leased a portion of the previously-empty building from an affiliate of Outlook Development Group LLC to accommodate their growing operations. Principal Stephen Provancher of NAI MLG Commercial handled the transaction. For […]

New Tenant at Two-Fifty Building

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NAI MLG Commercial is pleased to announce Petrie & Stocking SC’s lease of 6,127 square feet at 250 E. Wisconsin Ave. in Milwaukee, WI. The Milwaukee law firm will be moving from their current location in the Chase Tower, located at 111 E. Wisconsin Ave. “250 E. Wisconsin will be a good home for Petrie […]

Airport Portfolio Sold

Airport Portfolio

NAI MLG Commercial is pleased to announce the sale of a four-building portfolio near General Mitchell International Airport. Located at 200 and 320-334 W Vogel Avenue, 4921 S 2nd Street and 4950 S 6th Street, Milwaukee, the industrial portfolio has a combined total of 364,878 square feet on 5.31 acres. The portfolio was purchased by […]

NAI MLG Commercial Welcomes Property Manager Aaron Kunzler

NAI MLG Commercial is pleased to welcome Aaron Kunzler as the latest addition to the Property Management Team. Aaron has twelve years of property management experience, handling primarily commercial office, medical and retail properties. Aaron joins us from Cushman & Wakefield, where he was the Property Manager for the Chase Tower. Aaron worked with Irgens […]

NAI MLG Commercial Welcomes Jake Nelson

NAI MLG Commercial is pleased to welcome Jake Nelson as a member of the NAI MLG Commercial Retail Team. Jake worked as a Retail Broker Intern for NAI MLG Commercial since 2015, where he assisted brokers in all aspects of the commercial real estate industry. His experience with both buyers and sellers in NNN investment sales […]

835 E Green Bay Avenue, Saukville Sold

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NAI MLG Commercial is pleased to announce the sale of 835 E Green Bay Avenue, in Saukville, WI. Amerco Real Estate Company purchased the 40,800 square foot retail building from Hansen’s Management Services, LLC for $1,750,000. Bruce Westling, Brian Vanevenhoven and Kevin Schmoldt of NAI MLG Commercial handled the transaction. For more information see the […]

11520 W Lincoln Avenue, West Allis Sold

11520 Lincoln Ave

NAI MLG Commercial is pleased to announce the sale of 11520 W Lincoln Aveune, in West Allis, WI. Sycamore Building and Investment Company purchased the 21,197 square foot building from Cheryl Schubert for $850,000. Stephen Provancher, Brett Garceau and Mitch Starczynski of NAI MLG Commercial represented the seller in the transaction. Pete Slezak of Barry […]

Golner Precision Products, Inc. Purchases W222 N5734 Miller Way, Sussex

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NAI MLG Commercial is pleased to announce that Golner Precision Products, Inc. purchased a 31,230 SF industrial building located at W222 N5734 Miller Way, Sussex from RLP Rentals, LLP. Golner Precision plans on consolidating multiple locations at the new facility. Curt Pitzen and Brett Garceau of NAI MLG Commercial represented the buyer. The seller, RLP […]

Microbial Discovery Group Leases 40,663 SF

Oak Creek Commerce

NAI MLG Commercial is pleased to announce Microbial Discovery Group LLC’s lease of 40,663 SF at 7420 S Howell Ave, Oak Creek, WI. Barry Chavin and Stephen Provancher of NAI MLG Commercial and Bill Langhoff and Stephen Sewart of Colliers handled the transaction. Microbial Discovery Group plans on keeping their maintaining their Franklin headquarters and […]

Milwaukee Tool Purchases 3.53 Acres

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NAI MLG Commercial’s Barry Chavin and Mitchell Starczynski represented Milwaukee Tool in their purchase of 3.53 acres at 12930 W. Lisbon Rd, Brookfield, WI from Eastgate LLC. Milwaukee Tool plans on using the land as part of their $33 million dollar expansion. The expansion is estimated to create over 500 new high-paying jobs. “This land acquisition […]

2440 W. Corporate Preserve Dr., Oak

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NAI MLG Commercial is pleased to announce the sale of the 68,700 square foot industrial building at 2440 W. Corporate Preserve Drive in Oak Creek, WI. The building, which sits on 8.5 acres, was purchased by Zilber Property Group. Stephen Provancher of NAI MLG Commercial and Trent Poole of CBRE handled the transaction. For more […]

Q1 2016 Office Market Report

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NAI MLG Commercial releases its latest office market report. The Milwaukee office market experienced 120,760 SF of positive absorption in the first quarter of 2016. The availability rate increased slightly from 21.73% (Q4’15) to 22.35% (Q1’16).

Q1 2016 Industrial Market Report

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NAI MLG Commercial releases its latest industrial market report. The Milwaukee industrial market experienced 2,487,862 SF of positive absorption in the first quarter of 2016, making it the 23rd consecutive quarter of positive absorption. The vacancy rate decreased slightly from last quarter, it now sits at 4.2% compared to 4.41% (Q4 ’15). Over the past […]

Congratulations to Nicole & Kris

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NAI MLG Commercial would like to congratulate two of its interns on their outstanding performance and first place finish in the NAIOP Minnesota Case Competition. The Marquette University team included NAI MLG Commercial’s office broker intern, Nicole Patel (middle right), and industrial broker intern, Kris Kucharski (middle left).

Tony Bareta Partakes In Honor Flight

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NAI MLG Commercial would like to recognize Tony Bareta for his military service. A Korean War veteran, Tony recently participated in the Stars and Stripes Honor Flight to Washington D.C. to visit the Korean War Veterans Memorial. We are extremely proud to have Tony as a member of the NAI MLG Commercial team, and thank […]

Sun Prairie Land Sold

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NAI MLG Commercial is pleased to announce the sale of 22 acres near Highway C in Sun Prairie, WI for $3.8 million. The buyer, Menard, Inc., plans to develop a 173,000 square foot Menards store on the land. Mitch Quade handled the transaction.

N118 W19328 Bunsen Drive Sold

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NAI MLG Commercial is pleased to announce the sale of N118 W19328 Bunsen Drive, Germantown, WI. Bunsen Realty, LLC purchased the 41,094 square foot industrial building from Morse Properties, LLC for $2.4 million. Mitchell Starczynski and Curt Pitzen handled the transaction.

25, 37, & 49 Kessel Court, Madison Sold

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NAI MLG Commercial is pleased to announce the sale of 25, 37, and 49 Kessel Court, Madison, WI. Journey Mental Health Center purchased the three buildings for $2.3 million from Choice Properties. Chuck Redjinski handled the transaction.

One Riverwood Place Leased

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NAI MLG Commercial is pleased to announce Information Systems Engineering, Inc (ISE) is coming to One Riverwood, located at N17 W24222 Riverwood Drive, Pewaukee, WI. ISE will be occupying 8,391 square feet on the first floor and will include generous window exposure, offering year-round union with nature and pond views. ISE will be relocating from […]

19700 W. Lincoln Avenue, New Berlin Sold

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Workman Estates LLC purchased 63.90 Acres located at 19700 W. Lincoln Ave., New Berlin, Wisconsin from Kenneth G. Fredricks and Marion E. Fredricks Revocable Trust Dated Dec 1997. Karen Johnson of NAI MLG Commercial handled the transaction. For more information on the sale, see the article in the Milwaukee Business Journal.

715-717 Post Road, Madison Sold

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NAI MLG Commercial is pleased to announce the sale of 715-717 Post Road, Madison, WI for $785,000. The 23,895 square foot industrial building was sold by Thayer Properties, LLC  to KNCT Properties.Mitch Quade and Charles Redjinski handled the transaction.

555 Progress Way, Sun Prairie Sold

555 Progress

NAI MLG Commercial is pleased to announce the sale of 555 Progress Way, Sun Prairie, WI. The 12,000 square foot industrial building was sold by Wilkey Thermal Spray, LLC  for $785,000 to BJ Ventures, LLC. Mitch Quade, Adam Matson and Mitchell Starczynski handled the transaction.

Town Center Drive, Madison Sold

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NAI MLG Commercial is pleased to announce the sale of 6.86 acres, located on Town Center Dr., Madison, WI from Metro-Tech, LLC to Steamfitters Local Union No 601. Stephen Provancher and Mitchell Starczynski handled the transaction.

Renaissance on Water Leased

Renaissance on Water

NAI MLG Commercial is pleased to announce that Terschan, Steinle, Hodan & Ganzer, Ltd. renewed their lease of 7,524 square feet at Renaissance on Water, 309 N Water Street, Milwaukee, WI. Jack Jacobson and Tim Janusz handled the transaction. “We are happy that they chose to stay and be part of of the wonderful mix […]

NAI MLG Commercial White Paper

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NAI MLG Commercial presents the NAI Global white paper on Risks and Opportunities. The U.S. economy is fairly strong, but key indicators show that it remains well below long-term trend. For example, real GDP is more than $2.6 trillion (12.8%) below the long term trend, while the employment shortfall is at 19 million jobs (11.6%). […]

Forth Quarter 2015 Industrial Market Report

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NAI MLG Commercial releases its latest Industrial Market Report. The Milwaukee Industrial market experienced 703,101 SF of positive absorption in the fourth quarter of 2015, making it the 22nd consecutive quarter of positive absorption. For the year the market absorbed 6.09 million SF or 2.4% market growth. Due to the continued positive absorption, the vacancy […]

Fourth Quarter 2015 Office Market Report

Office Q4 2015 Report

NAI MLG Commercial releases its latest Office Market Report. The Milwaukee office market experienced 73,249 SF of net positive absorption in the fourth quarter of 2015 and finished 2015 with 107,111 SF of positive absorption. The availability rate declined slightly from 22.13% (Q3 15’) to 21.73% (Q4 15’) while over the past year the availability […]

For Lease: W226 N665 Eastmound Drive

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Office suite available for lease at W226 N665 Eastmound Dr, Pewaukee, WI. This professionally managed property offers quick interstate access and a great image. See the full listing here. For more information, please contact Adam Matson or Brett Garceau.

For Lease: Falls Business Center I & II

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Space is now available for lease at the Falls Business Center I & II located at 4829 N Campbell Drive, Menomonee Falls, WI. With easy access to Hwy 45 and Hampton Avenue, this industrial multi-tenant building offers a mix of private offices and open areas in the available space. View the full listing here. For more […]

Former Kohl’s Distribution Center Sold

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NAI MLG Commercial is proud to announce the sale of the former Kohl’s Distribution Center at N54W13901 Woodale Dr, Menomonee Falls, WI. Built in 1980 with additions in 1988 and 1991, the 381,293 SF building sits on 26.65 acres and features 133,000 SF of mezzanine space, wet sprinkler system, plenty of power throughout and 155 […]

3801 S Memorial Drive, Racine Sold

NAI MLG Commercial is pleased to announce the sale of 3801 S Memorial Dr., Racine, WI, a 19,600 square foot industrial building on 3.18 acres to Apak Inc for $762,500, from CIG, LLC. Apak Inc. moved from Illinois, transferring 12 employees with plans to create 34 additional full time positions. Tony Bareta and Vytau Barcas […]

Marquette Apartment Portfolio Sold

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NAI MLG is pleased to announce the sale of a portfolio consisting of four apartment buildings and one parking lot near Marquette University, for $6,850,000. The buildings contain 126 units total and the individual parking lot contains 52 parking spaces. Tim Janusz and Brett Garceau of NAI MLG Commercial represented the buyer while David Tighe and […]