Q3 2018 Milwaukee Office Market Report

The Metro Milwaukee Office Market stayed steady overall but showed new momentum in Class B and Class C product. Stay up to date with the entire market by viewing the Office Market Report Q3 2018.

Q3 2018 Milwaukee Industrial Market Report

Another dynamic quarter in the Metro Milwaukee Industrial Market leads to continued demand for industrial product. A single large vacancy, the former JCPenney warehouse and distribution center, skewed the overall absorption numbers, but the space has garnished interest from multiple potential users already. To get the full story, see the Industrial Market Report Q3 2018 […]

Milwaukee’s Changing Skyline 2018

Updated for 2018, this video takes you on a virtual tour of of the Downtown Milwaukee metro to highlight some key projects, both under construction and proposed, as we see how the city’s skyline continues to evolve.

Q2 2018 Milwaukee Office Market Report

The Milwaukee office market had two significant vacancies hit the market this quarter which pushed quarterly negative absorption to 215,138 SF. BonTon filed bankruptcy and vacated 193,000 SF in the downtown west submarket while Johnson Controls consolidated offices and vacated 118,000 SF at Renaissance Faire. See the full market recap here: Milwaukee Office Market Report […]

Q2 2018 Milwaukee Industrial Market Report

The Milwaukee Industrial market experienced nearly 1M SF of positive absorption for the quarter. Over the past year the market has expanded 1.4% of Growth. See the full market recap here:  Milwaukee Industrial Market Report Q2-2018

Q4 2017 Market Reports

Stay in up to date with our latest market reports for Q4 of 2017, or go to our Research page to find this and information on Downtown development, the I-94 Corridor and more. Milwaukee Office Market Report Milwaukee Industrial Market Report  

2445 S Calhoun Road, New Berlin Sold

MILWAUKEE, WI – February 5th, 2018 Travis Tiede and Adam Matson of NAI MLG Commercial represented S&F LLC in the sale of 2445 S Calhoun Rd in New Berlin, WI. The buyer, Invietus Real Estate LLC, was represented by Roger Siegle and Sam Dickman Jr. of The Dickman Company, Inc. The 58,000 SF industrial building […]

1717 Center Avenue, Janesville Sold

MILWAUKEE, WI – January 31, 2018 Kevin Schmoldt and Adam Matson of NAI MLG Commercial represented Milwaukee-based NDC Realty in selling the former Pick ‘n Save grocery store at 1717 Center Ave in Janesville. The Pick ‘n Save closed in early November and the property was marketed for sale for less than two months and […]

Q3 2017 Market Reports

Stay in up to date with our latest market reports for Q3 of 2017, or go to our Research page to find this and information on Downtown development, the I-94 Corridor and more. Milwaukee Office Market Report Milwaukee Industrial Market Report Madison Market Recap  

How the Third Ward Attracts National Retailers

Photo: Milwaukee Business Journal | Scott Paulus Milwaukee’s Historic Third Ward has become a hotbed for national retailers looking to expand into unique spaces in an authentic location. “And for many, the 3rd Ward — with its warehouse-style architecture, pedestrian-friendly streets and mix of restaurants, art galleries and diverse retail offerings — epitomizes that genuineness, said […]

I-94 Corridor on Track to Double in Size

Connecting the Milwaukee and Chicago metros, the I-94 North/South corridor is on track to double its industrial inventory over a ten year time period (2012-2022). Over the past five years, the interstate has seen an 11 million SF of development while attracting big-name companies from around the country. Building on this momentum the region expect […]

NAI MLG Commercial Office Team’s 2017 Highlights

See the NAI MLG Commercial Office Team’s 2017 significant transactions. Click Here to View The PDF – 2017 Office Team Highlights – August Our NAI MLG Commercial office brokers recognize each office assignment is of critical importance, whether for a first-time tenant or an experienced landlord. It is critical that we cover each aspect of your […]

NAI MLG Commercial Industrial Team’s 2017 Highlights

See the NAI MLG Commercial Industrial Team’s 2017 significant transactions. Click Here to View The PDF – 2017 Industrial Team Highlights – July NAI MLG Commercial’s industrial professionals are trained and equipped to address the changing commercial real estate needs of manufacturing, distribution and service companies, as well as institutional investors and private owners. We […]

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.

Maintenance Technician – Milwaukee Metro

Maintenance Technician NAI MLG Commercial is seeking a mature, responsible and highly motivated individual to perform full time maintenance and repairs at several commercial properties in the metro Milwaukee area.  This position requires experience in HVAC, basic electric and lighting repairs, fire protection system maintenance, life safety systems, plumbing, carpentry, painting, appliance repair and general […]

Real Estate Sales Associates Wanted

Attention 2017 Real Estate Graduates: Real Estate Sales Associates (Brokers) Wanted Are you convinced that a career in commercial real estate is right for you?  Are you people, service, and results oriented?  Can you listen and understand the needs of clients, and deliver consistently high levels of service?  Do you have an entrepreneurial mindset?  Are […]

Commercial Real Estate Internship

Commercial Real Estate Internship NAI MLG Commercial is seeking a Broker Intern to work part-time (approximately 15-25 hours per week, M-F, 7:30-5:30) during the school year at our office in downtown Milwaukee.  Additional hours may be available during the summer and winter breaks.  Ideal candidates will have an interest in commercial real estate and be […]

January 30, 2017

Breakout 262, LLC leased 2,740 SF located at N80W14944 Appleton Ave. in Menomonee Falls, Wisconsin from MP Falls Plaza, LLC. Brian Vanevenhoven and Kevin Schmoldt of NAI MLG Commercial handled the transaction. Legendary Fitness LLC leased 3,200 SF located at N50 W13740 Overview Dr. in Menomonee Falls, Wisconsin from Overview Park Place LLC. Adam Matson, […]

Q4 2016 Industrial Market Report

Industrial Market Report 2016 Q4 Images_Page_01

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

9935 oakwood

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 […]

January 3, 2017

Park Bank sold 37 Acres located at American Eagle Dr. in Slinger, Wisconsin to WP Property Acquisitions, LLC. Brian Vanevenhoven of NAI MLG Commercial handled the transaction. Sterling Hasey Co. sold 34,662 SF located at W67N222 Evergreen Blvd. in Cedarburg, Wisconsin to DCM Realty 2, LLC. Adam Matson and Jack Jacobson of NAI MLG Commercial […]

December 12, 2016

BJ Ventures, LLC sold 12,000 SF located at 1308 Poplar Dr. in Waukesha, Wisconsin to Valente Properties, LLC. Adam Matson and Mitchell Starczynski of NAI MLG Commercial handled the transaction. Layton State Bank sold multiple lots in the Village of Maplewood Terrace located at W. Maplewood Terrace in Sussex, Wisconsin to Cornerstone Development. Karen Johnson […]

November 28, 2016

Technology Resource Advisors, Inc. leased 9,600 SF located at 5381 N. 118th Ct. in Milwaukee, WI from Monterey Park, Ltd. Rachel Schmidt of NAI MLG Commercial handled the transaction. Hynes & Kuhn, S.C. leased 1,317 SF located at 850 Elm Grove Rd. in Elm Grove, WI from Grove Realty, LLC. Nathan Smith of NAI MLG […]

November 14, 2016

Birch Tree Sirton LLC sold 3.13 Acres located at Enterprise Dr. in Muskego, Wisconsin to Naturescape Inc. Travis Tiede and Curt Pitzen of NAI MLG Commercial handled the transaction. Elan Lighting, Inc. leased 6,400 SF located at 16300-16350 W. Glendale Dr. in New Berlin, Wisconsin from Glendale New Berlin LLC. Stephen Provancher and Mitchell Starczynski […]

November 7, 2016

Hynes & Kuhn, S.C. leased 1,436 SF located at 850 Elm Grove Rd. in Elm Grove, Wisconsin from Grove Realty, LLC. Nathan Smith and Rachel Schmidt of NAI MLG Commercial handled the transaction. DigiGrated, LLC leased 6,814 SF located at 241 N. Broadway St. in Milwaukee, Wisconsin from BC Propco LLC. Tim Janusz and Rachel […]

Q3 2016 Industrial Market Report

industrial-market-report-2016-q3-v2-image_page_1

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

office-market-report-q3-2016-image-pdf_page_1

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 […]

October 31, 2016

DNAVC, LLC leased 1,750 SF located at 4600 N. Wilson Dr. in Shorewood, Wisconsin from East Brook Village, LLC. Kevin Schmoldt of NAI MLG Commercial handled the transaction. Quandt Berndt, LLC leased 1,822 SF located at 2120 Pewaukee Rd. in Waukesha, Wisconsin from 2120 Partners Wisconsin, LLC. Rachel Schmidt of NAI MLG Commercial handled the […]

October 10, 2016

Ridgestone Bank sold 11,917 SF located at 4934 W. State St. in Milwaukee, Wisconsin to JRS WISCONSIN, LLC. Travis Tiede and Brett Garceau of NAI MLG Commercial handled the transaction. Gary & Laura Doll Revocable Trust has sold 15.06 Acres located at State Hwy 60 in Hartford, Wisconsin to Premier Real Estate Management. Karen Johnson […]

October 3, 2016

RE/MAX Xpress leased 858 SF located at 3900 W. Brown Deer Rd. in Brown Deer, Wisconsin from Diverse Interests. Brian Vanevenhoven of NAI MLG Commercial handled the transaction. Edgerton Contractors leased 1,530 SF located at 4001 Nakoosa Trail in Madison, Wisconsin from Professional Center @ 30/51, LLC. Chuck Redjinski and Mitch Quade of NAI MLG […]

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 […]

September 19, 2016

Foster Crown, LLC leased 792 SF located at 400 Genesee St. in Delafield, Wisconsin from Town Bank. Tim Janusz of NAI MLG Commercial handled the transaction. Cricket Wireless leased 1,251 SF located at 8645 S. Howell Ave. in Oak Creek, Wisconsin from DG27th, LLC. Kevin Schmoldt and Brian Vanevenhoven of NAI MLG Commercial handled the […]

September 12, 2016

Wisconsin Dialysis, Inc leased 1,039 SF located at 4600 American Pkwy. in Madison, Wisconsin from American Family Mutual Insurance Company. Brad Klawitter and Charles Redjinski of NAI MLG Commercial handled in the transaction. Centro Legal Por Derechos Humanos, Inc. leased 3,297 SF located at 611 W. National Ave. in Milwaukee, Wisconsin from 611 W National […]

BOMA Awards TOBY to NAI MLG Commercial

riverwood-wide-2

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 […]

August 16, 2016

Stone Creek Coffee leased 2,061 SF located at 1216 E. Washington St. in Madison, Wisconsin from McGrath Property Group, LLC. Mitch Quade and Brian Vanevenhoven of NAI MLG Commercial handled the transaction. Secure Parking USA, LLC leased 1,227 SF located at 626 E. Wisconsin Ave. in Milwaukee, Wisconsin from GAS LIGHT MILWAUKEE, LLC. Tim Janusz […]

August 2, 2016

Sterling Investment Real Estate, LLC leased 2,006 SF located at 19275 W. Capitol Dr. in Brookfield, Wisconsin from Archie Realty, LLC. Tim Janusz and Rachel Schmidt of NAI MLG Commercial handled the transaction. Dennis Jashinsky leased 10,890 SF of land located at 1230 Pearl St. in Waukesha, Wisconsin from Tritz Holding Company, LLC. Stephen Provancher, […]

Q2 2016 Madison Market Recap

Madison Q2 Image

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

Industrial Q2 2016 Image

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 […]

July 19, 2016

Group Basis Real Estate, LLC sold 10,000 SF located at 1177 W. Northbranch Rd. in Oak Creek, Wisconsin to Smart Innovations, LLC. Jack Jacobson and Nathan Smith of NAI MLG Commercial the transaction Retina & Viterous Consultants of Wisconsin leased 2,223 SF located at 13133 N. Port Washington Rd. in Mequon, Wisconsin from Duke Realty […]

Q2 2016 Office Market Report

Q2 2016 (Office Report) Image

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 […]

July 12, 2016

Linnell Properties, LLC sold 11,600 SF located at S40 W24160 Rockwood Way in Waukesha, WI to Erick Szuta. Brett Garceau and Curt Pitzen of NAI MLG Commercial handled the transaction. Sunset Bank & Savings sold 2,382 SF located at 1710 Paramount Dr. in Waukesha, WI to Sania Investments LLC. Karen Johnson of NAI MLG Commercial […]

July 5, 2016

Gary Driss sold 6,600 SF located at 6205 W. Blue Mound Rd. in Milwaukee, WI to Brett & Ellen Stabelfeldt. Brian Vanevenhoven and Brett Garceau of NAI MLG Commercial handled the transaction. OneTouchPoint Midwest Corp. leased 12,940 SF located at 1631-1651 Renaissance Blvd. in Sturtevant, WI from Robka Investments, LLC. Barry Chavin and Tony Bareta […]

June 28, 2016

Dynamatic US, LLC leased 4,909 SF located at 6200 W. Donges Bay Rd. in Mequon, Wisconsin from TNC Enterprises, LLC. Stephen Provancher, Barry Chavin, and Brett Garceau of NAI MLG Commercial handled the transaction. Sab Homes LLC sold 1.07 Acres located at 631 Lou’s Way in Slinger, Wisconsin to MNA Slinger LLC. Curt Pitzen 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

250 E wisconsin

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 […]

June 21, 2016

Persolve, LLC leased 1,740 SF located at 850 Elm Grove Rd. in Elm Grove, Wisconsin from Grove Realty, LLC. Nate Smith of NAI MLG Commercial handled the transaction. Albany International Corp. sold 153,750 SF located at 435 6th St. in Menasha, Wisconsin to Farwell Investors. Brett Garceau, Travis Tiede, and Barry Chavin of NAI MLG Commercial […]

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 […]

June 14, 2016

Edward Jones leased 1,330 SF located at 2665 S. Moorland Rd., in New Berlin, Wisconsin from Park Crest Associates, LLC. Kevin Schmoldt, Brian Vanevenhoven, and Rachel Schmidt of NAI MLG Commercial handled the transaction. One-Ten, Inc. leased 1,425 SF located at 16869-16875 W. Greenfield Ave., in New Berlin, Wisconsin from Carr Kulkoski & Stuller Profit […]

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

Saukville Screenshot Crop

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 […]

June 7, 2016

Conference Technologies, Inc. leased 2,500 SF located at W140 -N5074-96 Lilly Rd., in Menomonee Falls, Wisconsin from Overview Business Center LLC. Barry Chavin, Tony Bareta, and Adam Matson of NAI MLG Commercial handled the transaction. Cheryl Schubert sold 21,197 SF located at 11520-11524 W. Lincoln Ave., in West Allis, Wisconsin to Sycamore Building and Investment […]

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 […]

May 31, 2016

The Heartland Catering Company, LLC leased 1,500 SF located in Mount Pleasant, Wisconsin from Durand CRE, LLC. Kevin Schmoldt and Brian Vanevenhoven of NAI MLG Commercial handled the transaction. Andrus Intellectual Law, LLP leased 1,598 SF located at 100 River Pl. in Madison, Wisconsin from DSI Real Estate Group. Brad Klawitter of NAI MLG Commercial […]

May 17, 2016

Azura Harbor Holdings, LLC leased 2,632 SF located at 1233 N. Mayfair Rd., in Wauwatosa, Wisconsin from Wangard Partners, Inc. Karen Johnson of NAI MLG handled the transaction . CPB 1810, LLC sold 18,625 SF located at 1810 S. Calhoun Rd., in New Berlin, Wisconsin to Dearbourn Properties LLC. Stephen Provancher and Mitchell Starczynski of […]