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Home Property Tips :: Milwaukee Commercial Real Estate
Milwaukee Commercial Real Estate: Investing in Commercial Real Estate in Milwaukee
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As the largest city in Wisconsin with a prime location on Lake Michigan, Milwaukee commercial real estate is a premium asset.
Rated as fifth in the country for the number of Fortune 500 companies who have their headquarters in the city, Milwaukee is a surprising powerhouse of economic and commercial opportunity.
If you're investigating real estate options in Milwaukee for your next commercial venture or investment, keep reading for more information on the Milwaukee market.
Commercial Real Estate Values in Milwaukee
Lease rates for Milwaukee commercial real estate hovers between $15 and $16 per square foot, with sales sitting at between $150 and $200 per square foot, depending on the area.
Thanks to its prevalence as a manufacturing town, the warehouse and factory space market is particularly strong, while office space can typically be found for much cheaper than the national average.
Milwaukee Business Statistics
Home to businesses like Manpower, Harley-Davidson, Johnson Controls, Joy Global, Wisconsin Energy, Rockwell Automation, Kohl's, Northwestern Mutual, Briggs & Stratton, Milwaukee is a town situated for business.
The city is also home to the prevalent Miller Brewing Company, the second-largest beer maker in the United States.
The workforce is highly educated, with almost 85% of residents holding a high school diploma and close to 30% holding a bachelor's degree.
The area is also home to a number of post-secondary institutions including McGill University, University of Wisconsin-Milwaukee, Marquette University, Alverno College, Milwaukee Institute of Art and Design, Milwaukee School of Engineering and more.
The median income in the area hovers at around $36,000.
Recommended Commercial Real Estate Agents and Brokers in Milwaukee
NAI MLG Commercial Real Estate (http://www.mlgcommercial.com)
As one of the largest commercial real estate firms, NAI MLK provides brokerage services, property management, commercial development consulting, real estate investment opportunities and standard commercial real estate services. They focus on Milwaukee, Brookfield, Fox Valley, and Madison, WI.
Colliers Barry Inc (http://www.colliers.com/Markets/Milwaukee)
As a national commercial real estate consultant firm, Colliers Barry has a strong foundation and is the state's leading provider of Milwaukee commercial real estate services.
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HomePropertyTips.com :: Milwaukee Commercial Real Estate