Milwaukee, Wisconsin: A Premier Destination for Commercial Real Estate

Introduction

Milwaukee, Wisconsin, is a vibrant city with a robust commercial real estate (CRE) market. As the largest city in Wisconsin, Milwaukee is a vital economic hub known for its diverse economy, which includes significant industry clusters in manufacturing, healthcare, and finance. The city's strategic location on Lake Michigan, coupled with its advanced infrastructure and active regional economic initiatives, positions Milwaukee as a premier destination for commercial real estate investment and development.

Economic and Industry Overview

Milwaukee's economy is powered by a mix of industries that create significant demand for various commercial property types, including office, industrial, and retail spaces. Key sectors include:

• Manufacturing: Milwaukee's strong manufacturing base, particularly in advanced manufacturing and aerospace, contributes to a steady demand for industrial properties.
• Healthcare: The presence of major healthcare institutions drives the need for medical office buildings and related facilities.
• Finance and Insurance: A thriving finance sector supports the demand for Class A office spaces.

The Milwaukee 7 Regional Economic Development Partnership actively promotes the area's economic growth by attracting businesses and fostering innovation.

Strategic Location and Transportation Infrastructure

Milwaukee's strategic location on Lake Michigan offers unparalleled logistical advantages for businesses. Key transportation infrastructure includes:

• Highways: Interstate 94 and Interstate 43 provide excellent connectivity to Chicago and other major Midwestern cities.
• Port of Milwaukee: Facilitates international shipping and trade, enhancing the city's logistics capabilities. More information is available on the Port of Milwaukee website.
• General Mitchell International Airport: Offers convenient air travel options and cargo services.
• Rail Lines: Extensive rail networks support freight movement and supply chain efficiency.

These features make Milwaukee an attractive location for distribution centers and businesses seeking access to labor pools and regional markets.

Commercial Real Estate Inventory & Zoning

Milwaukee boasts a diverse array of commercial real estate submarkets, including:

• Central Business District (CBD): The heart of the city's financial and corporate activities, featuring prime office spaces.
• Industrial Corridors: Located near major transportation routes, these areas cater to manufacturing and logistics operations.
• Innovation Districts: Emerging areas that combine work, live, and play with a focus on technology and collaboration.

The city of Milwaukee provides zoning maps and parcel viewers to assist developers in navigating zoning regulations and exploring potential development incentives.

Major Employers and Institutions

Milwaukee is home to several major employers and institutions that bolster CRE demand:

• Top Employers: Northwestern Mutual, Aurora Health Care, and Harley-Davidson have established significant operations in the city.
• Educational Institutions: The University of Wisconsin-Milwaukee and Marquette University contribute to a skilled workforce.

For more information, visit the Milwaukee Economic Development Corporation's business directory.

Notable Commercial Developments & Projects

Milwaukee is witnessing transformative developments, including:

• The Couture: A mixed-use skyscraper offering residential, retail, and office spaces.
• Reed Street Yards: An urban water technology park fostering public-private collaborations.

These projects highlight Milwaukee's commitment to innovation and urban revitalization. Detailed information can be found on the Milwaukee Planning Department's website.

Building Permits, Planning, and Development Tools

Milwaukee offers a range of resources for developers:

• Building and Safety Department
• Permitting Portals
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

These tools facilitate efficient navigation of the city's development landscape.

Market Data & Economic Reports

Public data sets provide valuable insights into Milwaukee's CRE market:

• U.S. Census Bureau: census.gov
• City's Open Data Portal: Milwaukee Open Data

Brevitas leverages AI-powered aggregation from public data and internal insights to offer comprehensive market analysis. Explore Brevitas-powered dashboards for Milwaukee for more detailed information.

Why Use Brevitas for Milwaukee, Wisconsin CRE?

Brevitas provides a cutting-edge platform for CRE professionals:

• AI-Driven Discovery: Effortlessly find properties that meet your criteria.
• Real-Time Market Alerts: Stay informed about new opportunities.
• Smart Property Pages: Access detailed property insights.
• Dealroom Collaboration: Streamline transaction processes.

Additional features include:

• Auto-generated listing pages
• Email and landing page tools
• Integration with brokers and developers
• Exclusive listings and premium exposure

For more information on how Brevitas can enhance your Milwaukee CRE experience, visit Brevitas.