14
Milwaukee New Construction & Proposed Multifamily Projects 1Q19 a Berkshire Hathaway and Jefferies Financial Group company ID PROPERTY UNITS 4 Spur 16 156 10 Arrabelle 69 24 Birch Crossing 84 26 Cast Iron Luxury Living Phase II 59 27 1505 124 Total Lease Up 492 30 Foxtown 96 Total Under Construction 96 58 Gehl Company HQ Redevelopment 110 59 Rincon 225 84 60 Prairie's Edge 156 61 State Trunk Highway 69 62 Cedarburg Senior 192 Total Planned 611 116 Franklin Street & North Main Street 99 117 Jackson NW Business Park Expansion 80 118 Veterans Avenue 66 119 Harbor Campus Phase II 66 120 St Mary's School 100 Total Prospective 411 116 117 119 118 120 4 10 27 24 26 58 59 62 60 61 30 Lease-Up Under Construction Planned Prospective LEGEND Source: Yardi Matrix 2 mi

Milwaukee New Construction & Proposed Multifamily Projects ... · 20 Chroma 1551 North Water Street Milwaukee WI 53202 Lease-Up 89 Milwaukee_Downtown 05/15/2017 04/30/2019 04/01/2018

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Page 1: Milwaukee New Construction & Proposed Multifamily Projects ... · 20 Chroma 1551 North Water Street Milwaukee WI 53202 Lease-Up 89 Milwaukee_Downtown 05/15/2017 04/30/2019 04/01/2018

Milwaukee New Construction & Proposed Multifamily Projects 1Q19

a Berkshire Hathaway and Jefferies Financial Group company

ID PROPERTY UNITS4 Spur 16 156

10 Arrabelle 69

24 Birch Crossing 84

26 Cast Iron Luxury Living Phase II 59

27 1505 124

Total Lease Up 492

30 Foxtown 96

Total Under Construction 96

58 Gehl Company HQ Redevelopment 110

59 Rincon 225 84

60 Prairie's Edge 156

61 State Trunk Highway 69

62 Cedarburg Senior 192

Total Planned 611

116 Franklin Street & North Main Street 99 117 Jackson NW Business Park

Expansion 80

118 Veterans Avenue 66

119 Harbor Campus Phase II 66

120 St Mary's School 100

Total Prospective 411

116

117

119

118

120

4

10

27

24

26

58

5962

60

61

30

Lease-Up Under Construction Planned ProspectiveLEGEND

Source: Yardi Matrix2 mi

Page 2: Milwaukee New Construction & Proposed Multifamily Projects ... · 20 Chroma 1551 North Water Street Milwaukee WI 53202 Lease-Up 89 Milwaukee_Downtown 05/15/2017 04/30/2019 04/01/2018

Milwaukee New Construction & Proposed Multifamily Projects 1Q19

a Berkshire Hathaway and Jefferies Financial Group company

ID PROPERTY UNITS5 Jade at North Hills 151

12 Chiswick at Dunwood, The 103

17 Riverwalk on the Falls 114

Total Lease Up 368

35 Mill Road Library Redevelopment 65

Total Under Construction 65

51 Original Village Residences 175

Total Planned 175

89 Bayshore Town Center 100

93 Sherman Gardens Renovation 80

94 Good Hope Road 89

95 OneNorth 260

114 Silver Spring Drive 300

115 Tamarack Springs 170

134 Lisbon Town Center 308

135 Mammoth Springs Lofts 60

Total Prospective 1,367 Source: Yardi Matrix2 mi

17

5

12

35

51

114

115

95

94

8993

135

134

Lease-Up Under Construction Planned ProspectiveLEGEND

Page 3: Milwaukee New Construction & Proposed Multifamily Projects ... · 20 Chroma 1551 North Water Street Milwaukee WI 53202 Lease-Up 89 Milwaukee_Downtown 05/15/2017 04/30/2019 04/01/2018

Milwaukee New Construction & Proposed Multifamily Projects 1Q19

a Berkshire Hathaway and Jefferies Financial Group company

ID PROPERTY UNITS14 Clearpoint 64

Total Lease Up 64

130 Mill Reserve 122

131 Fox River Preserve Phase III 50

132 Lake Country Commons, The 410

133 West Wisconsin Avenue Mixed-Use 100

136 Olympia Resort Redevelopment 110

Total Prospective 792 Source: Yardi Matrix2 mi

14

136

133

132

131

130

Lease-Up Under Construction Planned ProspectiveLEGEND

Page 4: Milwaukee New Construction & Proposed Multifamily Projects ... · 20 Chroma 1551 North Water Street Milwaukee WI 53202 Lease-Up 89 Milwaukee_Downtown 05/15/2017 04/30/2019 04/01/2018

Milwaukee New Construction & Proposed Multifamily Projects 1Q19

a Berkshire Hathaway and Jefferies Financial Group company

ID PROPERTY UNITS8 Brookfield Reserve 194

16 Synergy at the District 268

Total Lease Up 462

33 Element 84 207

34 Linx Club, The 196 37 Artisan at Georgetown Square,

The 99

38 West, The 177

Total Under Construction 679

50 Community Within The Corridor, The 190

54 Crescent 102 68 Community Within the Corridor,

The 55

Total Planned 347

101 Allis Chalmer Site 140

102 Burleigh Street 75

103 District Phase II, The 250

104 Elms at Rivers Bend 100

105 Gridley at East Towne, The 66

106 Harwood Avenue 54

111 Springs at New Berlin 228

112 Elm Grove 186

113 Elm Grove Heights 75 137 37th Street Elementary School

Redevelopment 60

138 Perlick Historic Lofts 72

Total Prospective 1,306 Source: Yardi Matrix2000 ft

8

16

33

34

37

38

54

5068

101

106

104

102

113

112

111

103

105

137

138

Lease-Up Under Construction Planned ProspectiveLEGEND

Page 5: Milwaukee New Construction & Proposed Multifamily Projects ... · 20 Chroma 1551 North Water Street Milwaukee WI 53202 Lease-Up 89 Milwaukee_Downtown 05/15/2017 04/30/2019 04/01/2018

Milwaukee New Construction & Proposed Multifamily Projects 1Q19

a Berkshire Hathaway and Jefferies Financial Group company

ID PROPERTY UNITS6 Five Fifty Ultra Lofts 112

9 Easton, The 96

11 Vantage on the Park 96 13 Legacy Lofts at the Blommer Ice

Cream Factory, The 64

18 Contour on Prospect 83

19 Urbanite 153

20 Chroma 89

21 Vim + Vigor 274

Total Lease Up 967

36 Saint Rita's Square 118

39 2900 55

41 Brewery Lofts, The 118

Total Under Construction 291

42 Avenir Phase II 82

43 Goll House Tower 192

45 Broadway Connection 108

49 Hills, The 97

65 Greenwich Park Phase II 50

66 Couture, The 312

Total Planned 841

71 Ascent, The 201

72 Avenir Phase III 64

73 Edison Street 72

74 North Jackson Street 70 75 Paul Weise Furniture

Redevelopment 50

76 Ravine Park 200

77 River Pointe 87

78 Street Car Flats 73

79 Portfolio 180

80 Bradley Center Phase II 200

81 Bradley Center Phase III 398

83 eMbarKE 200 85 Henry S. Reuss Federal Plaza

Renovation 100

88 Schlitz Park 140

Total Prospective 2,035 Source: Yardi Matrix1000 ft

7275

79

78

8385

71

13

18

19

9

11

20

62141

36

39

49

42

43

6645

65

77

80 81

73

76

7488

Lease-Up Under Construction Planned ProspectiveLEGEND

Page 6: Milwaukee New Construction & Proposed Multifamily Projects ... · 20 Chroma 1551 North Water Street Milwaukee WI 53202 Lease-Up 89 Milwaukee_Downtown 05/15/2017 04/30/2019 04/01/2018

Milwaukee New Construction & Proposed Multifamily Projects 1Q19

a Berkshire Hathaway and Jefferies Financial Group company

ID PROPERTY UNITS15 SEVEN04 Place 60

23 Dock, Power & Finishing House 87

Total Lease Up 147

29 Beacon, The 144

40 Granery, The 69

Total Under Construction 213

44 Barclay, The 115

46 Historic Third Ward 60

47 Maxwell, The 116

48 Yards, The 87 67 Teweles Seed Tower

Redevelopment 115

Total Planned 493

82 Courteen Seed Building 90

84 First Street Statement Project 94

86 North Water Street 265

87 Wisconsin Cold Storage Site 164

90 Kinnichinnic Avenue 220

91 Freshwater Plaza Phase II 76

92 R1VER 67

Total Prospective 976 Source: Yardi Matrix1000 ft

8482

44

46

67

15

23

29

4048

47

86

87

91

92

90

Lease-Up Under Construction Planned ProspectiveLEGEND

Page 7: Milwaukee New Construction & Proposed Multifamily Projects ... · 20 Chroma 1551 North Water Street Milwaukee WI 53202 Lease-Up 89 Milwaukee_Downtown 05/15/2017 04/30/2019 04/01/2018

Milwaukee New Construction & Proposed Multifamily Projects 1Q19

a Berkshire Hathaway and Jefferies Financial Group company

ID PROPERTY UNITS1 Mariner, The 221

2 Statesman 180

22 Forte at 84South 126

25 Drexel Ridge 285

Total Lease Up 812

52 Garden, The 60

53 Forte at 84South Phase II 142

55 Emerald Row Phase II 242

56 Orchard Hills 225

57 Ballpark Commons 212

Total Planned 881

96 Lake Drive 236

97 South Lake Drive Phase II 105

98 South Lake Drive Phase III 105

99 Greenfield 250 100 Woods - A Brightlife Community,

The 174

107 Emerald Row Phase III 250

108 Oaks at 8100, The 294

Total Prospective 1,414 Source: Yardi Matrix2000 ft

5352

57

55

22

2

25

1

100

108 107

98

9799

56

96

Lease-Up Under Construction Planned ProspectiveLEGEND

Page 8: Milwaukee New Construction & Proposed Multifamily Projects ... · 20 Chroma 1551 North Water Street Milwaukee WI 53202 Lease-Up 89 Milwaukee_Downtown 05/15/2017 04/30/2019 04/01/2018

Milwaukee New Construction & Proposed Multifamily Projects 1Q19

a Berkshire Hathaway and Jefferies Financial Group company

ID PROPERTY UNITS3 Southwind Prairie Apartment

Homes Phase VII 158

7 Simon Suites 64

28 Honey Creek Phase IV 88

Total Lease Up 310

70 Bargamot Brass Works 73 Total Planned 73

110 Janesville Road 88

128 Copper Circle 90

129 Lake Lofts 95

Total Prospective 273 Source: Yardi Matrix1 mi

7

28

3

70

129

110

128

Lease-Up Under Construction Planned ProspectiveLEGEND

Page 9: Milwaukee New Construction & Proposed Multifamily Projects ... · 20 Chroma 1551 North Water Street Milwaukee WI 53202 Lease-Up 89 Milwaukee_Downtown 05/15/2017 04/30/2019 04/01/2018

Milwaukee New Construction & Proposed Multifamily Projects 1Q19

a Berkshire Hathaway and Jefferies Financial Group company

ID PROPERTY UNITS31 Granary Townhomes, The 73

32 Tannery at Edge of the River 77

Total Under Construction 150

63 401 Wisconsin Avenue 52

64 Harborside 242

69 Gold Medal Flats 73

Total Planned 367

109 Station 441 192

121 Canopy Hills 240

122 Fancher Road 80

123 Korndoerfer 440

124 Machinery Row 150

125 Mount Pleasant 60

126 Parkview Gardens Phase II 73

127 Villages, The 269

139 1520 Clark Street 112

140 Horlick 90

Total Prospective 1,706 Source: Yardi Matrix1 mi

124

139

125

123

122

121

12764

69

32

31

63

109

126

140

Lease-Up Under Construction Planned ProspectiveLEGEND

Page 10: Milwaukee New Construction & Proposed Multifamily Projects ... · 20 Chroma 1551 North Water Street Milwaukee WI 53202 Lease-Up 89 Milwaukee_Downtown 05/15/2017 04/30/2019 04/01/2018

Milwaukee New Construction and Proposed Multifamily Projects

Source: Yardi Matrix

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

1 Mariner, The 4000 South Lake Drive St. Francis WI 53235 Lease-Up 221 St. Francis 07/31/2018 12/31/2019 02/01/2019

2 Statesman 2950 West Statesman Way Franklin WI 53132 Lease-Up 180 Franklin 07/01/2018 12/31/2019 02/01/2019

3 Southwind Prairie Apartment Homes Phase VII 775 Southwind Drive Lake Geneva WI 53147 Lease-Up 158 Walworth County 07/01/2018 12/31/2019 10/15/2018

4 Spur 16 6300 West Mequon Road Mequon WI 53092 Lease-Up 156 Mequon 07/01/2018 10/31/2019 10/01/2018

5 Jade at North Hills N72 W 12727 Good Hope Road Menomonee Falls WI 53051 Lease-Up 151 Menomonee Falls 05/07/2018 07/31/2019 12/01/2018

6 Five Fifty Ultra Lofts 550 West Juneau Avenue Milwaukee WI 53203 Lease-Up 112 Milwaukee_Northwest 06/01/2018 06/30/2019 02/01/2019

7 Simon Suites 1037 West Starin Road Whitewater WI 53190 Lease-Up 64 Walworth County 06/01/2017 06/30/2019 10/01/2018

8 Brookfield Reserve 405 Bishops Way Brookfield WI 53005 Lease-Up 194 Brookfield 01/28/2018 05/31/2019 10/15/2018

9 Easton, The 1632 North Franklin Place Milwaukee WI 53202 Lease-Up 96 Milwaukee_Downtown 02/01/2018 04/30/2019 12/01/2018

10 Arrabelle N44 W6033 Hamilton Road Cedarburg WI 53012 Lease-Up 69 Cedarburg-Grafton 07/25/2018 04/30/2019 11/15/2018

11 Vantage on the Park 916 East State Street Milwaukee WI 53202 Lease-Up 96 Milwaukee_Downtown 05/01/2018 04/30/2019 11/01/2018

12 Chiswick at Dunwood, The 7700 North Port Washington Road Fox Point WI 53217 Lease-Up 103 Bayside-Fox Point 04/15/2018 04/30/2019 11/01/2018

13 Legacy Lofts at the Blommer Ice Cream Factory, The 1500 West North Avenue Milwaukee WI 53205 Lease-Up 64 Milwaukee_Northwest 11/09/2017 04/30/2019 10/15/2018

14 Clearpoint 220 West Main Street Waukesha WI 53186 Lease-Up 64 Waukesha 05/08/2017 04/30/2019 09/29/2018

15 SEVEN04 Place 704 West National Avenue Milwaukee WI 53204 Lease-Up 60 Burnham Park 03/01/2018 04/30/2019 09/01/2018

16 Synergy at the District 11221 Synergy Drive Wauwatosa WI 53222 Lease-Up 268 Wauwatosa 05/26/2017 04/30/2019 08/01/2018

17 Riverwalk on the Falls W165 N8910 Grand Avenue Menomonee Falls WI 53051 Lease-Up 114 Menomonee Falls 10/27/2016 04/30/2019 05/03/2018

18 Contour on Prospect 2111 East Ivanhoe Place Milwaukee WI 53202 Lease-Up 83 Milwaukee_Downtown 09/20/2017 04/30/2019 05/01/2018

19 Urbanite 1840 North Farwell Avenue Milwaukee WI 53202 Lease-Up 153 Milwaukee_Downtown 06/19/2017 04/30/2019 05/01/2018

20 Chroma 1551 North Water Street Milwaukee WI 53202 Lease-Up 89 Milwaukee_Downtown 05/15/2017 04/30/2019 04/01/2018

21 Vim + Vigor 926 West Juneau Avenue Milwaukee WI 53223 Lease-Up 274 Milwaukee_Northwest 07/14/2017 04/30/2019 03/09/2018

22 Forte at 84South 9125 Sura Lane Greenfield WI 53228 Lease-Up 126 Greenfield 08/15/2017 04/30/2019 03/01/2018

23 Dock, Power & Finishing House 600 West Freshwater Way Milwaukee WI 53204 Lease-Up 87 Burnham Park 09/01/2017 04/30/2019 01/16/2018

24 Birch Crossing 830 Liberty Avenue Hartford WI 53027 Lease-Up 84 Washington County 09/01/2017 04/30/2019 12/15/2017

25 Drexel Ridge 7798 South Drexel Ridge Way Oak Creek WI 53154 Lease-Up 285 Oak Creek 12/12/2016 04/30/2019 04/03/2017

26 Cast Iron Luxury Living Phase II 611 Veterans Avenue West Bend WI 53090 Lease-Up 59 Washington County 02/13/2017 04/30/2019 03/11/2017

27 1505 1505 Wisconsin Avenue Grafton WI 53024 Lease-Up 124 Cedarburg-Grafton 06/06/2016 04/30/2019 03/01/2017

28 Honey Creek Phase IV 2859 Honey Creek Court East Troy WI 53120 Lease-Up 88 Walworth County 03/01/2015 04/30/2019 09/01/2015

Total Lease-Up 3,622

Page 11: Milwaukee New Construction & Proposed Multifamily Projects ... · 20 Chroma 1551 North Water Street Milwaukee WI 53202 Lease-Up 89 Milwaukee_Downtown 05/15/2017 04/30/2019 04/01/2018

Milwaukee New Construction and Proposed Multifamily Projects

Source: Yardi Matrix

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

29 Beacon, The 2130 South Kinnickinnic Avenue Milwaukee WI 53207 Under Construction 144 Jones Island 02/01/2019 04/30/2020

30 Foxtown 6411 West Mequon Road Mequon WI 53092 Under Construction 96 Mequon 01/01/2019 01/31/2020

31 Granary Townhomes, The 1020 State Street Union Grove WI 53182 Under Construction 73 Racine County 12/12/2018 01/31/2020

32 Tannery at Edge of the River 1230 West 6th Street Racine WI 53403 Under Construction 77 Racine County 01/01/2019 01/31/2020

33 Element 84 82 West Orchard Street West Allis WI 53214 Under Construction 207 West Allis 10/01/2018 12/31/2019

34 Linx Club, The 995 Pinehurst Court Brookfield WI 53005 Under Construction 196 Brookfield 05/21/2018 12/31/2019

35 Mill Road Library Redevelopment 7717 West Good Hope Road Milwaukee WI 53223 Under Construction 65 Northridge 11/28/2018 12/31/2019

36 Saint Rita's Square 1601 North Cass Street Milwaukee WI 53202 Under Construction 118 Milwaukee_Downtown 11/01/2018 11/30/2019

37 Artisan at Georgetown Square, The 15905 West Wisconsin Avenue Brookfield WI 53005 Under Construction 99 Brookfield 11/08/2017 09/30/2019

38 West, The 6620 West National Avenue West Allis WI 53214 Under Construction 177 West Allis 01/01/2018 09/30/2019

39 2900 2900 North Oakland Avenue Milwaukee WI 53211 Under Construction 55 Shorewood 11/30/2018 08/31/2019

40 Granery, The 720 West Virginia Street Milwaukee WI 53204 Under Construction 69 Burnham Park 04/01/2018 06/30/2019

41 Brewery Lofts, The 1009 West Juneau Avenue Milwaukee WI 53233 Under Construction 118 Westown 08/31/2016 04/30/2019

Total Under Construction 1,49442 Avenir Phase II 1437 North Jefferson Street Milwaukee WI 53202 Planned 82 Milwaukee_Downtown

43 Goll House Tower 1550 North Prospect Avenue Milwaukee WI 53202 Planned 192 Lake Park

44 Barclay, The 300 South Barclay Street Milwaukee WI 53204 Planned 115 Westown

45 Broadway Connection 511 North Broadway Milwaukee WI 53202 Planned 108 Westown

46 Historic Third Ward 431 East St. Paul Avenue Milwaukee WI 53202 Planned 60 Westown

47 Maxwell, The 214 East Florida Street Milwaukee WI 53204 Planned 116 Westown

48 Yards, The South 2nd Street & West Oregon Street Milwaukee WI 53204 Planned 87 Westown

49 Hills, The 227 East Reservoir Avenue Milwaukee WI 53212 Planned 97 Milwaukee_Northwest

50 Community Within The Corridor, The 2758 North 33rd Street Milwaukee WI 53210 Planned 190 Fond Du Lac

51 Original Village Residences 8734 North Deerwood Drive Brown Deer WI 53209 Planned 175 Brown Deer

52 Garden, The 4450 South 27th Street Milwaukee WI 53221 Planned 60 General Mitchell Airport

53 Forte at 84South Phase II 9125 Sura Lane Greenfield WI 53228 Planned 142 Greenfield

54 Crescent 10430 West Innovation Drive Wauwatosa WI 53226 Planned 102 Wauwatosa

55 Emerald Row Phase II 7971 South 6th Street Oak Creek WI 53154 Planned 242 Oak Creek

56 Orchard Hills 8300 South 27th Street Oak Creek WI 53154 Planned 225 Oak Creek

57 Ballpark Commons 7900 Crystal Ridge Road Franklin WI 53132 Planned 212 Franklin

Page 12: Milwaukee New Construction & Proposed Multifamily Projects ... · 20 Chroma 1551 North Water Street Milwaukee WI 53202 Lease-Up 89 Milwaukee_Downtown 05/15/2017 04/30/2019 04/01/2018

Milwaukee New Construction and Proposed Multifamily Projects

Source: Yardi Matrix

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

58 Gehl Company HQ Redevelopment South Forest Avenue & Water Street West Bend WI 53095 Planned 110 Washington County

59 Rincon 225 25 West State Street Hartford WI 53027 Planned 84 Washington County

60 Prairie's Edge 700 Sunset Road Port Washington WI 53074 Planned 156 Port Washington

61 State Trunk Highway State Trunk Highway 33 & Martin Drive Port Washington WI 53074 Planned 69 Port Washington

62 Cedarburg Senior Sheboygan Road & Susan Lane Cedarburg WI 53012 Planned 192 Cedarburg-Grafton

63 401 Wisconsin Avenue 401 Wisconsin Avenue Racine WI 53403 Planned 52 Racine County

64 Harborside 1129 Michigan Blvd Racine WI 53402 Planned 242 Racine County

65 Greenwich Park Phase II 2353 North Farwell Avenue Milwaukee WI 53211 Planned 50 Shorewood

66 Couture, The 909 East Michigan Street Milwaukee WI 53202 Planned 312 Westown

67 Teweles Seed Tower Redevelopment 222 South 3rd Street Milwaukee WI 53204 Planned 115 Westown

68 Community Within the Corridor, The North 30th Street & West Center Street Milwaukee WI 53210 Planned 55 Fond Du Lac

69 Gold Medal Flats 1701 Packard Avenue Racine WI 53403 Planned 73 Racine County

70 Bargamot Brass Works 820 East Wisconsin Street Delavan WI 53115 Planned 73 Walworth County

Total Planned 3,78871 Ascent, The 700 East Kilbourn Avenue Milwaukee WI 53202 Prospective 201 Milwaukee_Downtown

72 Avenir Phase III 1437 North Jefferson Street Milwaukee WI 53202 Prospective 64 Milwaukee_Downtown

73 Edison Street 1027 North Edison Street Milwaukee WI 53202 Prospective 72 Milwaukee_Downtown

74 North Jackson Street East Brady Street & North Jackson Street Milwaukee WI 53202 Prospective 70 Milwaukee_Downtown

75 Paul Weise Furniture Redevelopment 1534 North Farwell Avenue Milwaukee WI 53202 Prospective 50 Milwaukee_Downtown

76 Ravine Park 1339 North Milwaukee Street Milwaukee WI 53202 Prospective 200 Milwaukee_Downtown

77 River Pointe 1887 North Water Street Milwaukee WI 53202 Prospective 87 Milwaukee_Downtown

78 Street Car Flats 828 North Broadway Milwaukee WI 53202 Prospective 73 Milwaukee_Downtown

79 Portfolio 1350 North Prospect Avenue Milwaukee WI 53202 Prospective 180 Lake Park

80 Bradley Center Phase II North 5th Street & West Juneau Avenue Milwaukee WI 53203 Prospective 200 Westown

81 Bradley Center Phase III West Juneau Avenue & North Old World 3rd Street Milwaukee WI 53203 Prospective 398 Westown

82 Courteen Seed Building 222 West Freshwater Way Milwaukee WI 53204 Prospective 90 Westown

83 eMbarKE 509 West Wisconsin Avenue Milwaukee WI 53203 Prospective 200 Westown

84 First Street Statement Project South 1st Street & East Pittsburgh Avenue Milwaukee WI 53204 Prospective 94 Westown

85 Henry S. Reuss Federal Plaza Renovation 310 West Wisconsin Avenue Milwaukee WI 53203 Prospective 100 Westown

86 North Water Street 333 North Water Street Milwaukee WI 53202 Prospective 265 Westown

Page 13: Milwaukee New Construction & Proposed Multifamily Projects ... · 20 Chroma 1551 North Water Street Milwaukee WI 53202 Lease-Up 89 Milwaukee_Downtown 05/15/2017 04/30/2019 04/01/2018

Milwaukee New Construction and Proposed Multifamily Projects

Source: Yardi Matrix

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

87 Wisconsin Cold Storage Site 322 East Florida Street Milwaukee WI 53204 Prospective 164 Westown

88 Schlitz Park 100 West Pleasant Street Milwaukee WI 53212 Prospective 140 Milwaukee_Northwest

89 Bayshore Town Center 5080 North Bayshore Drive Glendale WI 53217 Prospective 100 Glendale

90 Kinnichinnic Avenue 2737 South Kinnickinnic Avenue Milwaukee WI 53207 Prospective 220 Jones Island

91 Freshwater Plaza Phase II South 1st Street & East Greenfield Avenue Milwaukee WI 53204 Prospective 76 Burnham Park

92 R1VER 222 West Becher Street Milwaukee WI 53207 Prospective 67 Burnham Park

93 Sherman Gardens Renovation 5900 North Sherman Blvd Milwaukee WI 53209 Prospective 80 Fond Du Lac

94 Good Hope Road 2510 West Good Hope Road Glendale WI 53209 Prospective 89 River Hills

95 OneNorth Brown Deer Road & Interstate 43 Milwaukee WI 53217 Prospective 260 Bayside-Fox Point

96 Lake Drive 4300 South Lake Drive St. Francis WI 53235 Prospective 236 St. Francis

97 South Lake Drive Phase II 4023 South Lake Drive St. Francis WI 53235 Prospective 105 St. Francis

98 South Lake Drive Phase III 4023 South Lake Drive St. Francis WI 53235 Prospective 105 St. Francis

99 Greenfield 4201 South 27th Street Milwaukee WI 53221 Prospective 250 Greenfield

100 Woods - A Brightlife Community, The 11940 West Edgerton Avenue Hales Corners WI 53130 Prospective 174 Greenfield

101 Allis Chalmer Site 1304 South 70th Street West Allis WI 53214 Prospective 140 West Allis

102 Burleigh Street 11333 West Burleigh Street Wauwatosa WI 53222 Prospective 75 Wauwatosa

103 District Phase II, The 11100 West Burleigh Street Wauwatosa WI 53222 Prospective 250 Wauwatosa

104 Elms at Rivers Bend Rivers Bend & West Walnut Road Wauwatosa WI 53226 Prospective 100 Wauwatosa

105 Gridley at East Towne, The 2520 North Wauwatosa Avenue Wauwatosa WI 53213 Prospective 66 Wauwatosa

106 Harwood Avenue 7810 Harwood Avenue Wauwatosa WI 53213 Prospective 54 Wauwatosa

107 Emerald Row Phase III 8001 South 6th Street Oak Creek WI 53134 Prospective 250 Oak Creek

108 Oaks at 8100, The 8100 South 27th Street Oak Creek WI 53154 Prospective 294 Oak Creek

109 Station 441 441 West Ryan Road Oak Creek WI 53154 Prospective 192 Oak Creek

110 Janesville Road Glen Cove Court & Janesville Road Muskego WI 53150 Prospective 88 Big Bend-Muskego

111 Springs at New Berlin 1750 South Moorland Road New Berlin WI 53151 Prospective 228 New Berlin

112 Elm Grove 13420 Watertown Plank Road Elm Grove WI 53122 Prospective 186 Brookfield

113 Elm Grove Heights 13040 West Bluemound Road Elm Grove WI 53122 Prospective 75 Brookfield

114 Silver Spring Drive N56 W17835 Silver Spring Drive Menomonee Falls WI 53051 Prospective 300 Menomonee Falls

115 Tamarack Springs W180N7950 Town Hall Road Menomonee Falls WI 53051 Prospective 170 Menomonee Falls

116 Franklin Street & North Main Street Franklin Street & North Main Street West Bend WI 53090 Prospective 99 Washington County

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Milwaukee New Construction and Proposed Multifamily Projects

Source: Yardi Matrix© 2019 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

117 Jackson NW Business Park Expansion Rosewood Lane & US Route 45 Jackson WI 53037 Prospective 80 Washington County

118 Veterans Avenue NEC Veterans Avenue & Water Street West Bend WI 53095 Prospective 66 Washington County

119 Harbor Campus Phase II 333 West Walters Street Port Washington WI 53074 Prospective 66 Port Washington

120 St Mary's School 446 Johnson Street Port Washington WI 53074 Prospective 100 Port Washington

121 Canopy Hills 58th Road & South Colony Avenue Union Grove WI 53182 Prospective 240 Racine County

122 Fancher Road 9602 Washington Avenue Racine WI 53406 Prospective 80 Racine County

123 Korndoerfer 7222 Braun Road Mount Pleasant WI 53403 Prospective 440 Racine County

124 Machinery Row 900 Water Street Racine WI 53403 Prospective 150 Racine County

125 Mount Pleasant 2015 South Green Bay Road Mount Pleasant WI 53406 Prospective 60 Racine County

126 Parkview Gardens Phase II 5321 Douglas Avenue Racine WI 53402 Prospective 73 Racine County

127 Villages, The 90th Street & Hollyhock Lane Mount Pleasant WI 53406 Prospective 269 Racine County

128 Copper Circle State Road 120 & East Townline Road Lake Geneva WI 53147 Prospective 90 Walworth County

129 Lake Lofts 917 Main Street Mukwonago WI 53149 Prospective 95 Mukwonago

130 Mill Reserve 201 West St Paul Avenue Waukesha WI 53188 Prospective 122 Waukesha

131 Fox River Preserve Phase III W220 N1285 Springdale Road Waukesha WI 53186 Prospective 50 Pewaukee

132 Lake Country Commons, The N12 W26506 Golf Road Pewaukee WI 53072 Prospective 410 Pewaukee

133 West Wisconsin Avenue Mixed-Use 143 West Wisconsin Avenue Pewaukee WI 53072 Prospective 100 Pewaukee

134 Lisbon Town Center N74W25599 State Highway 164 Lisbon WI 53089 Prospective 308 Sussex

135 Mammoth Springs Lofts Main Street & Silver Spring Drive Sussex WI 53089 Prospective 60 Sussex

136 Olympia Resort Redevelopment 1350 Royale Mile Road Oconomowoc WI 53066 Prospective 110 Waukesha_West

137 37th Street Elementary School Redevelopment 1715 North 37th Street Milwaukee WI 53208 Prospective 60 Midtown

138 Perlick Historic Lofts 3100 West Meinecke Avenue Milwaukee WI 53210 Prospective 72 Fond Du Lac

139 1520 Clark Street 1520 Clark Street Racine WI 53403 Prospective 112 Racine County

140 Horlick 2200 Northwestern Avenue Racine WI 53404 Prospective 90 Racine County

Total Prospective 41,162

TOTAL MILWAUKEE 76,350

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

117 Jackson NW Business Park Expansion Rosewood Lane & US Route 45 Jackson WI 53037 Prospective 80 Washington County

118 Veterans Avenue NEC Veterans Avenue & Water Street West Bend WI 53095 Prospective 66 Washington County

119 Harbor Campus Phase II 333 West Walters Street Port Washington WI 53074 Prospective 66 Port Washington

120 St Mary's School 446 Johnson Street Port Washington WI 53074 Prospective 100 Port Washington

121 Canopy Hills 58th Road & South Colony Avenue Union Grove WI 53182 Prospective 240 Racine County

122 Fancher Road 9602 Washington Avenue Racine WI 53406 Prospective 80 Racine County

123 Korndoerfer 7222 Braun Road Mount Pleasant WI 53403 Prospective 440 Racine County

124 Machinery Row 900 Water Street Racine WI 53403 Prospective 150 Racine County

125 Mount Pleasant 2015 South Green Bay Road Mount Pleasant WI 53406 Prospective 60 Racine County

126 Parkview Gardens Phase II 5321 Douglas Avenue Racine WI 53402 Prospective 73 Racine County

127 Villages, The 90th Street & Hollyhock Lane Mount Pleasant WI 53406 Prospective 269 Racine County

128 Copper Circle State Road 120 & East Townline Road Lake Geneva WI 53147 Prospective 90 Walworth County

129 Lake Lofts 917 Main Street Mukwonago WI 53149 Prospective 95 Mukwonago

130 Mill Reserve 201 West St Paul Avenue Waukesha WI 53188 Prospective 122 Waukesha

131 Fox River Preserve Phase III W220 N1285 Springdale Road Waukesha WI 53186 Prospective 50 Pewaukee

132 Lake Country Commons, The N12 W26506 Golf Road Pewaukee WI 53072 Prospective 410 Pewaukee

133 West Wisconsin Avenue Mixed-Use 143 West Wisconsin Avenue Pewaukee WI 53072 Prospective 100 Pewaukee

134 Lisbon Town Center N74W25599 State Highway 164 Lisbon WI 53089 Prospective 308 Sussex

135 Mammoth Springs Lofts Main Street & Silver Spring Drive Sussex WI 53089 Prospective 60 Sussex

136 Olympia Resort Redevelopment 1350 Royale Mile Road Oconomowoc WI 53066 Prospective 110 Waukesha_West

137 37th Street Elementary School Redevelopment 1715 North 37th Street Milwaukee WI 53208 Prospective 60 Midtown

138 Perlick Historic Lofts 3100 West Meinecke Avenue Milwaukee WI 53210 Prospective 72 Fond Du Lac

139 1520 Clark Street 1520 Clark Street Racine WI 53403 Prospective 112 Racine County

140 Horlick 2200 Northwestern Avenue Racine WI 53404 Prospective 90 Racine County

Total Prospective 10,280

TOTAL MILWAUKEE 19,184