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March 4, 2013
Recent Transactions

Ogden & Company, Inc. is pleased to announce the following sales transactions:

1400 Van Dyke Road, Appleton, WI – An Office/Warehouse property with 7,507 square feet was sold for $102,000 to River Island Investment, LLC. Angie Hoehnen from Ogden & Company, Inc. represented the seller.

320-326 N. 76th Street Retail, Milwaukee, WI - A 10,000 square-foot commercial retail building was sold for $345,000 on February 28 to a local investor. Both the seller and buyer were represented by Susan Sardina & Angie Hoehnen of Ogden & Company, Inc.

March 1, 2013
Receivership Appointments

Ogden & Company, Inc., has been hired to manage a portfolio of receivership properties collateralized through United Central Bank. There are seven apartment buildings located in the Avenues West neighborhood of Milwaukee, consisting of over 200 units.
In addition, Ogden & Company, Inc., will be managing approximately 400 multi-family units in the Fox Valley area. “We are pleased to offer our management services,” said Peter Ogden, President of Ogden & Company, Inc. “Our systematic approach and experienced management team, provide us with the necessary tools to step into a receivership situation, immediately assess the physical asset, rebuild tenant relations and begin the process of securing and stabilizing the property.”
Ogden & Company, Inc., specializes in all aspects of management, maintenance and disposition of Residential and Commercial REO, Foreclosure and Receivership Appointed Assets and is also the largest Milwaukee-area residential property management firm.

November 28, 2012
Recent Transactions

Ogden & Company, Inc. is pleased to announce the following sale transactions:

401 Pilot Court, Waukesha, WI – An Office/Warehouse property with 17,280 square feet was sold November 21 for $695,000 to Carmon Capital, LLC. Mike Seramur and Roger Duchow from Ogden & Company, Inc. represented the seller and Brett Garceau of MLG Commercial represented the buyer.

1951 S. 8th Street Retail, Wisconsin Rapids, WI – This 5,471 square foot retail building sold on November 14 for $209,000. The property was purchased by Pol Holdings, LLC. Gordon Steimle and Angie Hoehnen of Ogden & Company, Inc. represented the seller.

1201 Bartell Ct., 1834 W. Pershing St., 3113 N. Lawe St., Appleton, WI - The Chateau Townhomes were purchased by Cascade Real Estate LP X for $3,700,000. The multi-family purchase consisted of a total of 78 units on three sites. The buyer was represented by Susan Sardina & Angie Hoehnen of Ogden & Company, Inc.

November 5, 2012
Recent Transaction

Ogden & Company, Inc. is pleased to announce the following sale transaction:

1550 N. Prospect Avenue, The Goll Mansion, Milwaukee, WI – This 9,000 square foot office building is one of the few remaining and preserved mansion properties located on the bluff overlooking Lake Michigan. Built in 1898, the property served as a residence for Frederick and Eleanor Goll, local merchants. In 2006 the property was slated to be part of a high-rise condominium development and that project was waylaid due to the downturn in the real estate market.
The property was recently purchased by East Bay Holdings, LLC. Michael Seramur of Ogden & Company, Inc. represented both the seller and buyer. For more information about the historic nature of this property please reference:
http://www.city.milwaukee.gov/ImageLibrary/Groups/cityHPC/DesignatedReports/vticnf/GollHouse.pdf

September 7, 2012
Recent Transactions


Ogden & Company, Inc. is pleased to announce the following sales transaction:

2649 N. Prospect Avenue, Milwaukee, WI. A seven unit condominium building located a few blocks from UWM has been sold. The former apartment building was converted to condos and features large two bedroom units with high-end kitchen and bathrooms. The purchaser is Mac Raghnaill Investment group, LLC and was represented by Thomas Reynolds of Stark Company Realtors. Gordon Steimle of Ogden & Company represented the seller which was a court appointed Receiver. The sale occurred August 8, 2012 and the purchase price was $650,000.

1911 W. Mitchell Street, Milwaukee, WI - Ogden & Company, Inc.’s Commercial & Investment Division is pleased to announce the sale of single story auto service facility located in the historic Mitchell Street business district. John Avery of Ogden & Company, Inc., represented both the buyer and seller. The property sold August 15, 2012.

58 Unit Apartment Complex, 9930 & 10001 W. Appleton Avenue, Milwaukee, WI - Ogden & Company, Inc.’s Commercial & Investment Division is pleased to announce the sale of two apartment buildings located on the Northwest side of Milwaukee. The apartments feature two and three bedroom units with two full baths and underground parking. Susan Sardina and Angie Hoehnen of Ogden & Company, Inc. represented the buyer, Cascade Real Estate LP VII and Micoley & Company Real Estate represented the seller. The property was sold for $2,765,000 and closed on August 17, 2012. Ogden & Company, Inc.’s will be providing property management services to the new owners.

August 6, 2012
Recent Lease Transactions

1011 N. Mayfair Road – Wauwatosa, WI – Farrell Prosthetic renewed a lease for 2,916 square feet of office space from 1011 Mayfair Limited Partnership. Mike Seramur of Ogden & Company, Inc. represented the tenant in this transaction.

507 E. Silver Spring Drive – Whitefish Bay, WI – Gallery of Fine Rugs leased approximately 1,586 square feet of retail space in this high traffic Whitefish Bay street location. The tenant specializes in the sale and repair of fine oriental rugs. Angie Hoehnen of Ogden & Company, Inc. brokered the transaction for both the Landlord and Tenant.

PH Dye House, 320 E. Buffalo Street – Milwaukee, WI – The following lease transactions have been completed:
Halling & Cayo, S.C._has leased 11,250 square feet of office space from Gardner Group, LLC, the Landlord. Mike Seramur of Ogden & Company, Inc. represented the Landlord and Marianne Burish of Siegel Gallagher represented the Tenant.
Mindspike Design, LLC has leased 2,162 square feet of office space from Gardner Group, LLC. Mike Seramur of Ogden & Company, Inc. represented both the Landlord and the Tenant

Greenfield Plaza Shopping Center – New Berlin, WI – Fantastic Sams has leased approximately 2,300 square feet of retail space for a hair salon from Greenfield Plaza LLC. John Avery of Ogden & Company, Inc. represented the Landlord and Joe Stamborski of Realty 2.0 represented the Tenant.

August 2, 2012
Recent Sales Transactions

3345 N. Highland Avenue Apartments, Milwaukee, WI. A 36 unit apartment building located in the Concordia Neighborhood. The building features 30 one bedroom units and six studio apartments with underground parking. The purchaser is 3345 Highland LP and was represented by Susan Sardina and Angie Hoehnen of Ogden & Company. The seller was Violet Pointe, LLC. Ogden & Company Property Management will manage the property for the buyer.

719-733 S. 84th Street, Milwaukee, WI - Ogden & Company, Inc.’s Commercial & Investment Division is pleased to announce the sale of this mixed use property located across the street from Wisconsin State Fair Park. This 9,044 square foot building was built in segments starting in 1950 and expanded in 2008. The building contains two retail spaces including a service garage and six apartments on the second floor. Susan Sardina and Angie Hoehnen of Ogden & Company, Inc., represented the seller and Shorewest Realty represented the buyer. The property sold for $290,000.

Former Schneider Fuel & Supply Building, 3438 W. Forest Home Avenue, Milwaukee, WI - Ogden & Company, Inc.’s Commercial & Investment Division is pleased to announce the sale of this former vintage office building built in the 1930’s to Jackson Park Congregation of Jehovah’s Witness. Mike Seramur of Ogden & Company, Inc. represented the seller, Schneider Fuel & Supply Co. and Real Estate of Wisconsin represented the buyer. The property closed July 27, 2012.

June 21, 2012
Recent Transactions

Ogden & Company, Inc. is pleased to announce the following sales transaction:

Racine Woman’s Club, 740 Lake Avenue, Racine, WI. The 9,939 square foot historic Georgrian Revival style building, originally built in 1930, was home of the Racine Woman’s Club for more than 80 years. The Racine Woman’s Club was founded in 1896 as a literary and artistic group with the aim to enrich it’s members and the Racine area with cultural offerings while developing leadership among club supporters. The building which features a large auditorium space, several smaller meeting spaces and banquet facilities was sold for $225,000. The purchaser is to Meredith WC, LLC. Gordon Steimle of Ogden & Company represented the Seller and John Ryder of Shorewest represented the buyer.

The Janes Building, 201 Sixth Street, Racine, WI - Ogden & Company, Inc.’s Commercial & Investment Division is pleased to announce the sale of this historic five story office building in Downtown Racine. The building was originally constructed in 1900 and was used as office space by both architects and attorneys. The first floor was utilized as retail space with many different uses through the years. The buyer, DuMount Properties, LLC is planning to open Dewey’s Restaurant & Sports Bar on the first floor. Gordon Steimle and Susan Sardina of Ogden & Company, Inc., brokered the transaction. The seller was Racine Badger Building Company, Inc.


May 30, 2012
Ogden & Company, Inc. is pleased to announce the following sales transaction

Waukesha Plaza Shopping Center, 1560 E. Moreland Blvd., Waukesha, WI. The 21,000 square foot strip shopping center is anchored by Carpet City, Techwise Computers and the Neptune Society. The purchaser is to LJS Commercial Properties LLC. Roger Duchow and Michael Seramur of Ogden were both the listing and selling brokers.

13 Unit Apartment Building, 6373 N. 104th Street, Milwaukee, WI - The two-story apartment building built in 1975 sold for $342,000 to Buyers, Adrian and Tina Harris. Angie Hoehnen and Sue Sardina of Ogden & Company, Inc., represented the seller and Jeff Showalter of Kapital Real Estate, LLC represented the buyers.

Maple Avenue Apartments, 110-161 Maple Avenue, Slinger, WI - Ogden & Company, Inc.’s Commercial & Investment Division is pleased to announce the sale of a 40 unit apartment community located in Slinger. The two bedroom/one bath garden style apartments were built in 1972 and are located within five separate buildings. The Apartments were sold for $1,352,000. Gordon Steimle, Susan Sardina and Angie Hoehnen of Ogden & Company, Inc., brokered the transaction. The buyer, Mutual Apartments, LLC, was represented by John Dyke or Encore Real Estate Brokerage.

April 30, 2012
Trumpeter Trails Acquisition

Ogden & Company Investment Partners, Inc. (OCIP) is pleased to announce the following acquisition:

Ogden & Company Investment Partners, Inc., recently completed the acquisition of Trumpeter Trail Estates, located at 605-665 Trumpeter Trail, Ledgeview, WI. Built in 2000, the 56-unit apartment development rests on approximately 12.6 acres of land, in a park-like setting, within a growing residential area near Green Bay.

There are seven, two-story buildings that feature two bedrooms, two full baths and in-unit laundry. Trumpeter Trails Estates was acquired for $3,175,000. This is the second investment property acquired by Ogden & Company Investment Partners, Inc. The company’s Principal, Jonathan Ross, stated: “Trumpeter Trail Estates is a well-located, established apartment community with the feel of residential condominiums which is an added amenity for our residents. On the investment side, we anticipate solid returns for our partners and we’ll continue to seek additional investment/development opportunities throughout Wisconsin, along with select markets nationwide.” Gordon Steimle and Susan Sardina, of Ogden & Company, Inc. Commercial Brokerage Division represented both the buyer and seller.

April 10, 2012
Recent Lease Transactions

Ogden & Company, Inc. is pleased to announce the following lease transactions handled by their Commercial & Investment Division:


NORTHERN LIGHTS BUILDING, 1661 N. Water Street – Milwaukee, WI – The following tenants leased space from NL Partners, LLC: Milwaukee Mustangs leased approximately 1,692 square feet of office space. Brooksource Staffing leased approximately 2,083 square feet and The Onion renewed their lease for 1,200 square feet. Sue Sardina of Ogden & Company, Inc. represented the Landlord and the Tenants.

OGDEN CENTER, 8850 N. Port Washington Road – Bayside, WI – Milwaukee Aqua Filters leased approximately 836 square feet of retail space from Ogden Center, LLC. Susan Sardina of Ogden & Company, Inc. represented the Landlord and Tenant.

2430 W. MURRAY AVENUE – Milwaukee, WI – Stone Fox Salon, LLC leased approximately 2,500 square feet of retail space in this Eastside shopping center. Brent Landfried of Ogden & Company, Inc. brokered the transaction for both the Landlord and Tenant.

2920 CLINTON STREET, Waukesha, WI – We Are Wisconsin has leased approximately 2,400 square feet of office space from 916 Clinton St, LLC, the Landlord. Angie Hoehnen of Ogden & Company, Inc. represented the Tenant and Landlord.


March 1, 2012
Ogden Welcomes Bob Gintoft

Ogden & Company, Inc. is pleased to announce the following new staff addition to the Commercial Brokerage & Investment Division:

Bob Gintoft has been hired as Senior Commercial Real Estate Associate with Ogden & Company, Inc.
Gintoft was most recently Business Developer for IMPACT SEVEN, Inc.. He has also served as Executive Vice President of Leasing and Acquisitions at Mallory Properties and Senior Vice President of Corporate & Industrial Real Estate at NAI MLG Commercial.

Gintoff is Program Chair &Past President of the Wisconsin Chapter of the Society of Industrial and Office REALTORS (SIOR); President of the Wauwatosa Economic Development Corporation; and Secretary & Past President of the Northeast Milwaukee Industrial Development Corporation (n/k/a RIVERWORKS Development Corporation) where the former American Motors Corp. complex was acquired and redeveloped on East Capitol Drive.

Gintoft earned a Master’s degree in Urban Affairs from the University of Wisconsin-Milwaukee. He has won numerous awards. From the Commercial Association of REALTORS-Wisconsin, Gintoff won the Industrial Deal of 2006 & Industrial Runner-Up in 2004; from the Business Journal Serving Greater Milwaukee, he won Industrial Transaction of 2006; from SIOR-WI Chapter, he earned the Leadership & Support award in 2008; from the Council for Urban Economic Development of Washington, DC, he was awarded the 2000 Major City Gold Award for the private/public economic development collaboration of RIVERWORKS; and he earned the Lifetime Service award from RIVERWORKS Development Corp. in 2005.

Pete Ogden, President of Ogden & Company, Inc., said, “Bob brings even more creativity and relationships to our productive team.” Ogden & Company, Inc. is in its 83rd year of business and is one of Milwaukee’s oldest family-run businesses.

January 31, 2012
Recent Transactions


Ogden & Company, Inc. is pleased to announce the following sales transaction:

Southview Terrace Apartments, Janesville, WI - Ogden & Company, Inc.’s Commercial & Investment Division is pleased to announce the sale of a 32 unit apartment community located in Janesville. The garden style apartments were built in 1974 and have various two bedroom unit configurations within five separate buildings. Southview Terrace Apartments were sold for $830,000. Gordon Steimle and Susan Sardina of Ogden & Company, Inc., brokered the transaction. The Buyer WIR Properties, LLC , was represented by Brandon O’Bryon.

2401- 2541 W. College Avenue, Oak Creek, WI - Ogden & Company, Inc.’s Commercial & Investment Division is pleased to announce the sale of a 4.5 acre commercially zoned parcel in Oak Creek. The Roman & Susan Lewandowski Generation Skipping Trust was the seller and the Buyer was TCSC LLC. The Seller was represented by Michael Seramur of Ogden and M & I Trust.

7801 W. Calumet Road Apartments, Milwaukee, WI - Ogden & Company, Inc.’s Commercial & Investment Division is pleased to announce the sale of an eight unit apartment building in Milwaukee. The apartments were built in 1979 and the building was sold for $250,000. Susan Sardina and Angie Hoehnen of Ogden & Company, Inc., brokered the transaction. The Buyer was represented by Tim Dunne of Dunne Commercial Properties.

8616 and 8704 W. Howard Avenue &
8626 and 8702 W. Howard Avenue Apartments, Milwaukee, WI - Ogden & Company, Inc.’s Commercial & Investment Division is pleased to announce the sale of four apartment buildings totaling 13 units for $940,000. Susan Sardina and Brent Landfried of Ogden & Company, Inc., brokered the transaction. The Buyer was Heuler XI, LLC.

January 11, 2012
Ogden opens Madison Real Estate Office

By Tom Daykin of the Journal Sentinel

Jan. 11, 2012 | Milwaukee-based real estate services firm Ogden & Co. has expanded into the Madison area with a new office there, the company announced Wednesday.

Ogdens services include real estate management, residential sales and relocation, commercial sales and leasing, project development, and construction. It also has offices in Wauwatosa and Mesa, Ariz.

The Madison office will be led by Daryl Larson. The company’s initial focus in the Madison area will be on residential and commercial real estate management.

January 6, 2012
Ogden Announces New Office in Madison

Milwaukee, WI – January 6, 2012 – Ogden & Company, Inc., AMO® announces its expansion into Madison.
Ogden & Company, Inc., AMO® established in 1929, has been serving clients throughout Wisconsin and Arizona with three generations of Ogden family leadership. Ogden & Company, Inc., AMO® is a locally owned full-service real estate firm. As a full-service real estate company, Ogden offers professional services specializing in real estate management, residential sales and relocation, commercial sales and leasing, real estate and project development, maintenance and construction. The company announced today that it has expanded into the Madison real estate market.
Ogden & Company, Inc., AMO® is also pleased to announce that Daryl Larson will head the new office, serving as Regional Property Manager. Mr. Larson has more than 12 years of real estate experience in the Madison area. “Madison is home to more than 400 condominium associations. Ogden & Company, Inc., AMO® has the ability to serve clients with traditional full service real estate solutions and also with the flexibility to adapt to any owner’s needs” said Larson. The company’s initial focus in the Madison area will be on residential and commercial real estate management.
“The State Capitol and the surrounding areas have so much to offer. We are excited to have the opportunity to serve the Madison real estate community” said Peter Ogden, President of Ogden & Company, Inc., AMO®.
Ogden & Company, Inc., AMO® will hold two Meet & Greet sessions in downtown Madison. The first will be held on Monday, January 30, 2012, with a Continental Breakfast being offered from 9:00 a.m. to 10:30
a.m. at the Sun Print Café (inside the US Bank building), located at 1 South Pinckney Street. The second Meet & Greet will also be held on January 30, 2012 from 5:00 p.m. to 7:30 p.m. with light appetizers being served at the Ivory Room Piano Bar (next door to the Overture Center), located at 116 W. Mifflin Street.
Please plan on attending to learn more about how we can help you with servicing your condominium association, rental and or commercial real estate. All RSVP’s must be received by Wednesday, January 25, 2012. For more information, please contact Julie Peterson, Vice President Business Development at 414.270.4178 or juliep@ogdenre.com.

October 29, 2011
Ogden Welcomes Brandon Sacia

Ogden & Company, Inc. is pleased to announce the following new staff addition to the Commercial Brokerage & Investment Division:

Brandon Sacia has joined Ogden & Company Inc. Brandon has 11 years’ experience in the Real Estate Industry and has held a sales license in six different states. Brandon has practiced real estate in both Seattle and Minneapolis. At the age of 22, Brandon started his own real estate investment company and has brokered numerous land and multi-family transactions.

Brandon attended the University of Wisconsin-Stout where he graduated in 2002 with a degree in business administration and a minor in marketing. At Ogden, Brandon specializes in Commercial and Multi-Family properties, but is familiar with other product types as well.

October 10, 2011
40 Unit Apartment Complex Sold

Ogden & Company, Inc. is pleased to announce the following sales transaction brokered by the Commercial & Investment Division:

Maplewood Apartments, 3017 Six Mile Road & 6900 Middle Road, Caledonia, WI - A 40 unit apartment complex located in a growing residential area between Milwaukee and northern Racine County has been sold. The garden style apartments were built in 1996-1997 and have various two bedroom unit configurations within five separate buildings. Maplewood Apartments were sold for $2,250,000. Gordon Steimle and Susan Sardina of Ogden & Company, Inc., brokered the transaction. The Buyer Maplewood Associates, LLC, is a real estate investment group established by Ogden & Company Investment Partners. This new division of Ogden & Company, Inc. is headed by Jonathan Ross.

September 8, 2011
Brookfield Place Shopping Center Sold

Ogden & Company, Inc. is pleased to announce the following sales transaction brokered by the Commercial & Investment Division:

Brookfield Place Shopping Center Sold, 13640 West Capitol Drive, Brookfield, WI Ogden & Company, Inc.’s Commercial & Investment Division is pleased to announce the sale of a 14,300 square foot multi-tenant strip shopping center located along the busy West Capitol Drive commercial corridor. The center was originally built n 1984 and has a mix of local retail businesses including Jack’s Tobacco, Reliable Beauty and Minuteman Press. Brookfield Place was sold for $980,000. Marvin Hansen of Ogden & Company, Inc., represented the seller, D J Properties, LLC and William Kratzke of Park Real Estate represented the buyer, Brookfield Place, LLC.

July 22, 2011
44 Apartment Units Sold

Forest Creek Apartments, 2210-2230 South 42nd Street, Manitowoc, WI - Ogden & Company, Inc.’s Commercial & Investment Division is pleased to announce the sale of a 44 unit apartment complex located in a growing commercial area at I-43 and Highway 51 in Manitowoc. The garden style apartments were built n 1996-1997 and have a mix of one and two bedroom units located in three separate buildings. Forest Creek Apartments were sold for $1,975,000. Gordon Steimle and Susan Sardina of Ogden & Company, Inc., brokered the transaction.

June 30, 2011
Ogden & Company, Inc.’s Commercial & Investment Division is pleased to announce the following lease transactions:

2840 S. 108th St., West Allis, WI– Moorhead Communications, dba Verizon Wireless has leased approximately 4,800 square feet of retail space from John Sanfilippo. John Avery of Ogden & Company, Inc. represented the Landlord and Tony Colvin of Mid-America represented the tenant.

2213 E. Capitol Drive, Shorewood WI – Salvatore’s Pizzeria, LLC has leased approximately 1,279 square feet of retail space from Capitol & Maryland, LLC. Susan Sardina of Ogden & Company, Inc. represented the Tenant.

Ogden Center - Bayside, WI – 8822 N. Port Washington Road – Laidlaw Group, Ltd. has leased approximately 460 square feet of office space in the Ogden Center. Brokered by Susan Sardina of Ogden & Company, Inc.

Northern Lights Office Building - Milwaukee, WI – 1661 N. Water Street. PACE Architects SC has leased approximately 1,580 square feet in the Northern Lights Building. Susan Sardina brokered the transaction for both the Landlord and Tenant.

May 18, 2011
Ogden & Company, Inc.’s Commercial & Investment Division is pleased to announce the following sales transactions:

1810 E. Oklahoma Avenue, Milwaukee, WI - Ogden & Company, Inc.’s Commercial & Investment Division is pleased to announce the sale of an eight unit apartment building in the Bay View neighborhood of Milwaukee. The two story building has eight one bedroom apartments and was originally built in 1928. The apartment building was sold by Eugene Zeratsky and Leo Trautner to Bell Investments, LLC for $332,500. Gordon Steimle and Susan Sardina of Ogden & Company, Inc., brokered the transaction.

8686 W. Mill Road & 6424 N. 89th Street, Milwaukee, WI - Ogden & Company, Inc.’s Commercial & Investment Division is pleased to announce the sale of 16 apartment units in Milwaukee. The 2 eight unit buildings located on the northwest side of Milwaukee were originally built in 1966. The apartment buildings were sold by S&S Invesco, LLC to Riddlebrook, LLC for $530,000. Susan Sardina and Angela Hoehnen of Ogden & Company, Inc., represented the seller.

March 29, 2011
Ogden & Company, is Inc.’s Commercial & Investment Division is pleased to announce the following lease transactions:

P.H. Dye House - 320 E. Buffalo Street, Milwaukee, WI - Sachen Contemporary Imports, LLC has signed a lease for 1,738 square feet and will be a new tenant for the P.H. Dye first floor retail space and a great addition to the Third Historic Ward in Downtown Milwaukee. Sachen will provide a retail outlet for contemporary home goods. The listing broker for the property is Michael Seramur of Ogden & Company, Inc. and Sachen was brought to the building by Marianne Burish of Siegel Gallagher.

3716 W. Wisconsin Avenue - Milwaukee, WI– The Aids Resource Center of Wisconsin, Inc has signed a lease for approximately 3,500 square feet of space from Wisconsin Community Services, Inc. (WCS) the Landlord. Michael Seramur of Ogden & Company, Inc. represented both the landlord and tenant in this transaction.

March 17, 2011
Ogden & Company, Inc. is pleased to announce the following sales transaction:

4925 S. Packard Avenue, Cudahy, WI - Ogden & Company, Inc.’s Commercial & Investment Division is pleased to announce the sale of this former retail location in Downtown Cudahy. The building contains approximately 8,144 sq. ft of showroom and warehouse space. The building was sold by TLLR, LLC. to Gard Enterprises, LLC for $325,000. Brent Landfried and Gordon Steimle of Ogden & Company, Inc., represented the seller.

February 21, 2011
Learning Shop to open in Mequon, WI

An Appleton-based retailer, the Learning Shop, has signed a lease to occupy 6,000 square-feet in the Towne Shoppes of Mequon at 11039-11043 N. Port Washington Road, Mequon, WI. Learning Shop has leased the building which is in the high-traffic growing Mequon retail corridor, directly across from the Pavilion Shopping Center at I-43 and Mequon Road.

“We were looking for a growing area on the northeast side of metro Milwaukee from which to serve educators and customers from all the suburban communities along the I-43 corridor,” said Todd Merryfield, who owns the Learning Shop with his brother Tom.

Educators and parents can find all types of products for the classroom at the Learning Shop, as well as creative resource books to engage students from K5 to 8th grade. Families also find an array of educational toys, family games and specialty gifts for babies, children and teens.

This unique retail concept was started by the Merryfields’ parents in Appleton, Wisconsin in 1979. The first Milwaukee stores opened in 1997 when the family acquired the Teacher’s Pet chain. For more information about the products available or to order on-line, go to www.learningshop.com

The Towne Shoppes of Mequon (formerly East Town Square) was partially destroyed by fire when lighting struck the building in June 2010. The building’s interior and exterior have been totally rebuilt to accommodate tenants like the Learning Shop. The new store is expected to open in April or May of this year. Other locations for the Learning Shop are at Southridge Plaza on S. 76th Street in Greendale, on N. Mayfair Road near Mayfair Mall in Wauwatosa and on West Bluemound Road, Brookfield. Learning Shop also has locations in Appleton and Madison, Wisconsin.

Gordon Steimle of Ogden & Company, Inc. represented the Learning Shop. The building owner was represented by Peter Langhoff of Langhoff Commercial, LLC.

February 19, 2011
Ann Crawley Director of Human Resources at Ogden & Company, Inc. interviewed for JPM Winter 2011

by Kristin Gunderson Hunt

Employers find ways to retain top talent during tumultuous times

As companies ponder whether economic recovery is imminent or has stalled, they face the pressing problem of losing top talent. Burnt out from increased workloads with little or no increases in compensation, employees are taking flight as some firms begin to rehire.

“There haven\\\\\\\'t been a lot of bonuses or increases in salary in the last couple years,” said Reggie Mullins, CPM, director of third party management for Penzance Management LLC., in Alexandria, Va. “Telling employees, ‘You should be happy to have a job,’ only lasts for so long.”

While increasing compensation will likely be critical to attracting and retaining key employees, real estate human resources experts said companies must also offer other incentives and create an environment where individuals want to work.

“We have to come up with and promote intangibles to keep employees,” said Ann Crawley, director of human resources for Ogden and Company Inc., AMO, a full- service real estate firm in Milwaukee, Wis. “We have to position ourselves to be that company people want to work for.”

MONEY TALKS

People of course want to work for companies with excellent benefits packages and competitive compensation—offerings companies have struggled to provide during the recession, which many employees have taken in stride.

However, employees’ patience might be wearing thin, and demands regarding compensation will probably begin to surface more regularly in the near future, said Julie Brand Lynch, managing partner of LYNOUS Talent Management in Dallas and an IREM Academic Member.

Companies’ responses to such demands, regardless of their stability or readiness to dole out pay raises and bonuses, will likely influence whether their associates stay or go, Lynch said.

“I know people are being patient right now when it come s to compensation but inflation continues to go up, and people\\\\\\\'s salaries have been flat for multiple years,” she said. “Compensation is going to kick in here soon. Companies should be sure their total compensation packages are in line with the market and what they\\\\\\\'re expecting these people to perform.”

Crawley said while Ogden faired decently during the economic downturn—avoiding layoffs and pay cuts—the company could not offer pay increases to its workforce across the board. It was, however, able to offer 3-percent raises tied to performance and keep its referral bonus program intact—rewarding employees monetarily for any new business they generated.

The referral fees range from 15 percent of the management contract secured—a $200 “thank you” if the referral comes in because employees are doing Ogden day-to-day business—to giving an employee 2 percent of the gross commissions earned by a residential agent that they refer to the company.

The referral bonus program was especially important during the recession, Crawley said, because not only did it reward employees, but it also generated new clients, helping Ogden to sustain a healthy business.

Milestone Management, a residential property management and investment company in Dallas, was also able to offer quarterly and annual bonuses during the recession, said Steve Lamberti, CPM, and president of Milestone.

The quarterly bonus program is designed to incentivize associates to meet goals at their properties based on factors like resident retention, rent and occupancy increases, or expense controls.

The programs are structured so one successful property doesn\\\\\\\'t always dominate the competition. In fact, the programs are developed so that around 65 percent of all properties will receive some reward. The district managers’ quarterly bonuses are tied to the financial performance of their portfolio, up to 25 percent of their annual salary.

“You put a bonus program out there for action and results,” Lamberti said.

Annual bonuses are also determined by whether Milestone communities are meeting or exceeding their budgeted goals. The annual bonuses for community directors and maintenance supervisors can range from 10 to 15 percent of annual salary, plus additional incentives if they exceed expectations by 1 percent or more.

“Milestone been fortunate in that the majority of our communities are performing to the level of expectation that was budgeted, and in turn, they are being rewarded for that performance,” said Monica Blankenship, vice president of human resources for Milestone.

ATMOSPHERIC PRESSURE

Companies can only offer so much money to their employees, though, and truly, money will only keep employees happy temporarily— meaning businesses must come up with other incentives, as well as establish a desirable working environment to keep employees engaged, Blankenship said.

“After a while, money wears off,” she said. “You have to like getting up and going to work. If you don\\\\\\\'t like the work environment or co-workers, money becomes second.”

Companies can retain prized employees by creating a less stressful and family-like atmosphere.

“There is a lot of stress in the economy,” Blankenship said. “We are cognizant of that and are constantly thinking about how we can create a workplace environment that is not stressful. We want to make the workplace as positive and friendly as possible.”

Last October, the company hosted an event for corporate associates, whereby they took the afternoon off to have burgers, and compete in an obstacle course competition and a kickball game.

“The associates got to see the C-suite acting like kids, just like anybody else,” Blankenship said. “It\\\\\\\'s fun and a good way to build camaraderie.”

Additionally, the company brings managers from several levels, along with regional trainers, to Dallas for a three-day operations conference once a year. The company provides education, motivation, initiative kickoffs and social activities to give all managers an up-close-and-personal view of upper management.

“It is our opportunity to reinforce the importance of individuals and the part they play in the larger organization,” Blankenship said. “We take great pride in putting together an agenda that reinforces key organizational objectives and philosophies, and do it in a way that is fun and meaningful.”

Beyond having fun, the company also fosters a family-like environment by supporting employees in need. For example, when a 24-year-old Milestone associate acquired a rare disease and needed blood, the company organized blood drives throughout the Dallas-Ft. Worth area. The president and CFO, along with other employees, gave blood for a colleague many actually did not know.

In addition, about 50 Milestone associates participated in The Susan G. Komen Global Race for the Cure® in October, alongside one of the company\\\\\\\'s community directors going through breast cancer treatment. Site managers, regional managers and corporate officers all came together for the event.

“They like feeling like this is part of their family,” Blankenship said. “That feeling means a lot when they are considering another job. They have to really think about giving up the level of comfort they have here.”

FLEXIBLE THINKING

Employees might also reconsider leaving an organization that offers job and schedule flexibility. Crawley of Ogden said employees are more likely to be loyal to a company that takes work-life balance into account.

“Giving our employees more flexibility in their workday comes back to us tenfold,” she said. “If you have really great employees that are loyal to the company, that is in turn going to filter through to clients and the services we provide.”

Ogden offers its entire team the opportunity to work remotely multiple days a week, and adjusts work schedules so associates can come and go at times that are optimal for them. In addition, it has closed its office between Christmas and the new year for the last three years. Employees are still paid for the time off, and it doesn\\\\\\\'t count against their vacation time.

Employees are aware all this flexibility comes with responsibility, though, Crawley said. They know if the company or its clients start to suffer because people are unavailable or business isn\\\\\\\'t being addressed, particularly during the week off at the holidays, such privileges will be revoked. As a result, people voluntarily pitch in as needed to keep operations running smoothly.

\\\\\\\"If things fall apart during that week, we won\\\\\\\'t do it anymore,” she said. “But everyone rises to the occasion and goes above and beyond just so we can have the additional time off.\\\\\\\"

Offering comp time after employees have put in long hours working is a highly sought after benefit, too, particularly to younger generations in the workforce that highly value their time out of the office, said Lynch of LYNOUS.

\\\\\\\"The younger generations don\\\\\\\'t want to work within a box,” she said. “They want to be told what the deadline or deliverable is, and what the expectation is, but they are going to meet it on their own time.\\\\\\\"

She said more companies are getting creative in terms of work-life balance, and flexibility. One of her clients allows employees to take time off on their birthdays—without it counting against their paid time off.

She also said more real estate management companies are hiring interim staffing or contract employees for specific projects or seasonal work, offering over-worked, full-time staff relief.

“Employers need to beware of the burnout factor,” Lynch said. “People are maxed out in their capacity to do work. Employers need to provide avenues for employees to get temporary help and relief to keep them productive. Time off is an important part of that.”

CUBICLES TO CLASSROOMS

Offering training and education opportunities, as well as offering employees autonomy, can also keep associates engaged and productive, human resources experts said.

“If people feel like they are continuing to grow as individuals and be challenged, and that their job is exciting, they will want to stay,” Lynch said.

Like work-life balance, education and training will also resonate with Generation Y workers, Mullins of Penzance said.

“Send them to training and pay for it,” she said. “It will make them feel like part of the team and like their hard work is being recognized. They will think ‘Wow, they think enough of me to send me [to training].\\\\\\\'”

Milestone emphasizes the importance of continuing education to all its employees, Blankenship said. The company pays for its employees to obtain professional certifications, and offers tuition reimbursement of up to 50 percent for coursework that relates to employees\\\\\\\'jobs.

“We want them to feel like they are progressing personally as well as reaching company goals,” she said. “If people feel like they are adding value to a job, they are much happier.”

Ogden also offers across-the-board tuition reimbursement to its employees in a variety of areas—rom IREM, C AI, and compliance classes to brokerage and human resources classes. The organization reimburses 50 percent of a class, up to $1,000 per year. Because some employees cannot afford to pay the upfront cost of a class, Ogden will pay for 100 percent of the class and then have the employee pay the company back 50 percent through payroll deductions for up to six months.

Ogden usually waits until education offerings like IREM courses are in the Milwaukee, Madison or Chicago area before enrolling employees, to cut down on travel expenses. The company also has hosted a multitude of lunch and learns and other classes at its offices.

“It is a more cost effective way to do it,” Crawley said.

In-house training opportunities and career development experiences also help retain associates interested in furthering their careers. Ogden has a no-cost mentoring program whereby an employee who excels in a particular area or property type will counsel an employee new to that area within the field—giving that person additional training.

Both Blankenship and Crawley said offering education and training doesn\\\\\\\'t just benefit their companies in the form of having more knowledgeable employees, but it empowers their employees so they can make more independent decisions and essentially run properties on their own.

“We know they have the knowledge and skills to do their jobs, and they will prosper with more free reign,” Crawley said. “We obviously can\\\\\\\'t control the economic environment, but we can give them more control over their job and how they do their job.”

DON\\\\\\\'T KEEP INCENTIVES A SECRET

All these efforts will be in vain, however, if management doesn\\\\\\\'t communicate from the top-down that their employees are a priority, and therefore these policies and incentives are priorities.

“We always have to communicate the benefits, as property management is a demanding field, and it\\\\\\\'s important to us to let our team know how much they are valued and appreciated,” Crawley said.

She said Ogden communicates about benefits regularly through employee orientations, company e-mails, its intranet site and discussing them at meetings. It also provides team members with a referral card detailing all of the referral fees that are available.

“It\\\\\\\'s always really important to communicate, regardless of the economic situation, and it\\\\\\\'s one of my goals to make sure that the messages are communicated accurately, effectively and often,” she said.

Milestone has an internal Facebook page for its employees, as well as an e-newsletter, whereby they share human interest stories about associates, information about rewards programs, innovative ideas about managing properties from managers around the country and tips or advice regarding a variety of professional issues.

Blankenship said the communications help to build community, generate buzz about the company and its initiatives, and help employees feel connected to the organization. Lamberti said communicating can put employees at ease during tumultuous times, and in the end benefits the company more than anyone else.

“Honesty and transparency in these times is important,” Lamberti said. “Ownership needs to communicate that while everyone might have to buckle down and work hard for 12 months, the company will come out better and stronger. People will work hard to get through the tough times if they know the company is going to take care of them.”

January 14, 2011
Midwest Real Estate News - Ogden Real Estate completes pair of leases in Wisconsin

Milwaukee-based Ogden & Company recently completed two lease deals in Wisconsin.
Generations at Play has leased approximately 3,223 square feet of retail space in the Ogden Shopping Center in Bayside, Wis. Susan Sardina of Ogden & Company, Inc. brokered the deal.
Danceworks, Inc. has leased approximately 5,756 square feet in the Northern Lights Building in Milwaukee. Sardina represented the landlord, while David Donian represented the tenant.

November 22, 2010
Ogden Commercial is pleased to announce the following transactions:

P.H. Dye House at 320 E. Buffalo Street, Milwaukee, WI
Vista360, a business consulting firm, has leased approximately 4,704 sf of office space, brokered by Michael Seramur of Ogden & Company, Inc. representing the Landlord and Marianne Burish of Siegel-Gallagher, Inc. representing the Tenant.

P.H. Dye House at 320 E. Buffalo Street, Milwaukee, WI
Art Institute of Wisconsin LLC (Ai) has signed a lease to occupy approximately 40,000 square feet. The Art Institute, a system of more than 45 educational institutions located throughout North America, providing an important source of design, media arts, fashion and culinary arts professionals. The Art Institute is a school of the Education Management Corporation (EDMC) which is among the largest providers of post-secondary education in the country; celebrating over forty years of delivering quality higher education to the communities they serve www.edmc.edu. It is estimated that the Art Institute of Wisconsin LLC will initially employ more than 100 professionals and serve as many as 800 students. The Art Institute will be open for fall 2010 classes. The school space was designed by Engberg Anderson will be built out by Hunzinger Construction Co. Michael Seramur of Ogden & Company, Inc. represented the property owner and managing member, Michael Gardner of the Gardner Group LLC, and Chris Joyner and Trey Campbell of Fischer & Company represented EDMC.

Independence Place, 14775-14795 W. National Avenue, New Berlin, WI – Dr. Michelle Draggoo leased approximately 4,386 sf of office space, brokered by Gordon Steimle & Brent Landfried of Ogden & Co., Inc who represented the Landlord and Craig Landre, First Weber representing the Tenant.

509 E. Silver Spring Drive, Whitefish Bay, WI – Minoan Intimate Apparel, LLC leased approximately 1,008 sf of retail space, brokered by Angie Hoehnen of Ogden & Company, Inc. representing the Landlord and Josh Minkin represented the Tenant.

511 E. Silver Spring Drive, Whitefish Bay, WI – The Cutting Group, LLC leased approximately 652 sf of retail space for a salon, brokered by Gordon Steimle of Ogden & Company, Inc. representing Tenant and Angie Hoehnen also of Ogden & Co., Inc. represented the Landlord.

8850 N. Port Washington Road, Bayside, WI – Ogden Center
- Class Act leased approximately 522 sf of retail space for a barbershop, brokered by Susan Sardina of Ogden & Company, Inc.


Park Plaza Shopping Center, 10000 N. Port Washington Rd., Mequon, WI - Retail Center sold The business consists of 8,000 rentable sq. ft and is at 100% occupancy. The building was sold by Park Avenue Plaza, LLC. to Park Plaza of Mequon, LLC. for $650,000. Marvin Hansen of Ogden & Company, Inc., represented the seller.

1905 S. 77th Street, West Allis, WI – Guardian Pest Solutions, has leased approximately 2,250 sf of office/warehouse space. Transaction brokered by Brent Landfried, Ogden & Company, Inc. representing the tenant and Andrew Stefanich, CBRE who represented the Landlord, Hicks Street, LLC.

Greenfield Plaza, 145005 -145119 W. National Avenue, New Berlin, WI – Subway Restaurants, has leased approximately 2,000 sf of retail space in the Greenfield Plaza Shopping Center. John Avery, Ogden & Company, Inc. represented the Landlord, and Mike Seramur also of Ogden & Company, Inc. represented Subway.

6944 N. Port Washington Road, Glendale, WI - Lada Driver School, LLC leased approximately 400 sf of office space, brokered by John Avery of Ogden & Company, Inc.
- Kocol Chiropractic Health Center leased approximately 992 sf of office space, brokered by John Avery of Ogden & Company, Inc.

9415 W. Forest Home Avenue, Hales Corners, WI – Eisner Building - Patriot Partners, LLC leased approximately 1,716 sf of office space, brokered by Marvin Hansen & Brent Landfried of Ogden & Company, Inc. - J & M Insurance Services leased approximately 416 sf of office space, brokered by Brent Landfried & Marvin Hansen of Ogden & Company, Inc.

1661 North Water Street, Milwaukee, WI – Northern Lights Building
- Smith Travel has renewed their lease of approximately 795 sf of office space, brokered by Susan Sardina, Ogden & Company, Inc.
- The Onion, has renewed their lease of approximately 1,200 sf of office space, brokered by Susan Sardina, Ogden & Company, Inc.
- Creatonomy Marketing Communications has renewed their lease of approximately 1,498 sf of office space, brokered by Susan Sardina, Ogden & Company, Inc.

September 7, 2010
Ogden & Company, Inc. & Holley Realty, Inc. Join Forces

Milwaukee – Ogden & Company, Inc. is pleased to announce the acquisition of Holley Realty, Inc., a property management firm, based in Waukesha, Wisconsin. This expansion of Ogden’s Property Management services includes numerous condominium associations, multi-family properties, and a maintenance division. The addition of this company enhances Ogden’s portfolio and incorporates new team members that work well with Ogden, and who possess the qualities that Ogden & Company, Inc. has worked so diligently over the past 80 years to preserve. Peter Ogden, President and Chairman of Ogden & Company, Inc. states, “We were fortunate to create a good relationship with Holley Realty, Inc. and its President Kevin Oswalt. We are pleased that we could expand the company during this economic time, and bring a dozen new employees to the Ogden family of companies.”

Through this acquisition, Ogden & Company, Inc. gains an important new facet to the Ogden Property Management division; an in-house maintenance team that will be able to better serve Ogden’s clients.

June 16, 2010
Commercial Brokerage & Investment Division annouces the following transaction:

Milwaukee, WI - 6610 West Lisbon - Ogden & Company, Inc.’s Commercial & Investment Division is pleased to announce the sale of the property located at 6610 W. Lisbon Avenue. The 5,438sf, single story office/warehouse was sold by Cayen Systems, a Milwaukee based software company, http://www.cayen.net/ to Jay & Cee Holdings, LLC for for $207,000, The facility will be remodeled for use as an expansion of Jay & Cee Holdings LLC family day care business. Gordon Steimle of Ogden Commercial brokered the transaction.

June 16, 2010
Ogden Commercial Brokerage is pleased to announce

Milwaukee, WI - 6330 West Lisbon - Ogden & Company, Inc.’s Commercial & Investment Division is pleased to announce the sale of the property located at 6330 W. Lisbon Avenue. The 8-unit apartment building was sold by S&S Invesco, LLC to Elton and A. Helen Baylor. Susan Sardina and Angela Hoehnen of Ogden & Company, Inc., represented the seller. Milwaukee Executive Realty, represented the buyer.

May 18, 2010
Commercial Brokerage & Investment Division annouces the following transactions:

14135 W. Greenfield Avenue, Greenfield Plaza, New Berlin, WI – Inkwell Creations, LLC has leased approximately 14,800 sf of retail space from Greenfield Plaza, LLC. Inkwell, d/b/a Kids in Motion, will operate a supervised children\'s exercise and recreation facility. The Landlord was represented by John Avery of Ogden & Company. The Tenant was represented by Brian Starr of RFP.

6944 N. Port Washington Road, Greentree Professional Building, Glendale, WI -
Kocol Chiropractic Health Center has leased 922 square feet of office space from W.T. Properties, LLC. John Avery of Ogden & Company represented the Landlord.

2322 W. Clybourn Street, Milwaukee, WI – DigiCorp. has leased approximately 9,400sf of space from Clybourn Group, LLC. Michael Seramur represented the Landlord.

2210 W. Clybourn Street, Milwaukee, WI The Sigma Environmental Group has leased approximately 2,000sf of space from Clybourn Group, LLC. Michael Seramur represented the Landlord.

4518 Rib Mountain Road, Rib Mountain Shopping Center, Wausau, WI – Therapies Plus, LLC has leased approximately 1,590sf of space from MLCFC 2006-4 Rib Mountain Drive, LLC. Therapies Plus consists of a skilled team of licensed occupational, physical, and speech therapists which provide pediatric care under the direction of a physician. Angela Hoehnen represented the Landlord.

4512 Rib Mountain Road, Rib Mountain Shopping Center, Wausau, WI – Ropas Pizza has leased approximately 1,245sf of retail space from MLCFC 2006-4 Rib Mountain Drive, LLC. Angela Hoehnen represented the Landlord.

724 Old World Third Street, Milwaukee, WI - The Grand Convenient Store leased approximately 1,576 sf of retail space in the Grand Wisconsin from Wisconsin Hotel, LLC. Angela Hoehnen represented the Landlord.

8850 N. Port Washington Road, Bayside, WI – Stafflogix Corporation has leased approximately 1,000sf of office space from The Ogden Center, LLC. Susan Sardina represented the Landlord and Kris Fraukenberg of Shorewest Commercial represented the Tenant.

9415 W. Forest Home, Eisner Building - Hales Corners, WI – Michael and Donna Dweyer, have leased approximately 272 sf of office space from the Elaine Eisner Marital Trust. Marvin Hansen and Brent Landfried represented the Landlord.

March 23, 2010
Ogden & Company, Inc. is pleased to announce the following sales transaction brokered by Micahel Seramur & Susan Sardina:

Milwaukee, WI - 4960 N. 18th Street - The church building, formerly occupied by Lincoln Park Lutheran Church, has been sold to Holy Temple Firstborn MBC. The building is approximately 22,618sf and features a large sanctuary with a capacity of 500+-, administrative offices, classrooms and a gathering hall. The church is situated on Green Bay Avenue, across from Lincoln Park. Michael Seramur and Sue Sardina of Ogden Commercial brokered the transaction.

January 21, 2010
Ogden & Company, Inc. is pleased to announce the following sale handled by Dwight Kellogg and Brent Landfried:

Walkers Point Center for the Arts has purchased the building located at 839 S. 5th Street. The WPCA is moving from leased space at S. 9th and National Avenue. The cream city brick building was constructed in 1885 and underwent extensive renovations in 1998.

The move will increase WPCA’s space by one third. The building’s first floor will include an expanded gallery, allowing presentation of two concurrent exhibitions. Curated contemporary thematic exhibitions will be a continual feature. An additional “salon” will highlight artist member accomplishments.

Administrative offices, an intimate performance and community resource room will be housed on the ground floor. The second floor with nearly 2,500sf will triple WPCA’s current classroom size, allowing growth of its’ educational offerings. The WPCA is committed to helping under-served and at risk youth in the community. Programs look to provide important life skills through immersion in an integrated, holistic, cross-disciplinary curriculum, often filling the gap caused by cuts in arts instruction within the Milwaukee Public School system.

Dwight Kellogg and Brent Landfried of Ogden & Company, Inc., brokered the sales transaction.

November 9, 2009
Ogden Commercial announces the following lease transactions:

Ogden & Company, Inc. is pleased to announce the following lease transaction brokered by Sue Sardina of Ogden’s Commercial & Investment Division:
Milwaukee, WI – Northern Lights Office Building, located at 1661 North Water Street
• Spectrum Healthcare, LLC has leased 1,525sf
• Creatonomy, Inc., has leased 1,498sf
• Five Twelve Group has leased 1,231sf
• Fleming Dermatopathology LLC has leased approximately 914 square feet of space. Jim Cavanaugh of RFP Commercial represented the Tenant and Sue Sardina represented the building owner


November 8, 2009
Featuring Living Space by Ogden Development -Townhomes at Mill Reserve - downtown Waukesha - overlooking Fox River

By Joanne Kempinger Demski of the Journal Sentinel Entree Section.

When it comes to interior design, John Daguanno is a minimalist who loves clean lines. His wife, Jane, loves clean lines, too, as well as texture, soft colors and lots of light.

So it was no surprise to family and friends when they bought an über-modern condo, then filled it with sleek new furniture - with nary a knickknack in sight. To read full article: Click Here

September 18, 2009
Small Business Times - The Last Word - The Optimist

Peter Ogden President
Ogden & Company Inc.
Industry: Real estate
1665 N. Water St.
Milwaukee, WI 53202
www.ogdenre.com

Employees: 225

Coolest thing about the company: “The people. We truly are a family.”


These are the darkest days to be in the commercial real estate industry since the Great Depression. Yet, you wouldn’t know that from talking to Peter Ogden. Whether he’s making dozens of site visits, giving advice to clients or golfing in a charity outing, Ogden remains upbeat and is putting the slowdown in historical perspective.

“My grandfather started the family real estate business on Oct. 29, 1929 – not a good date for new ventures. It didn’t stop him from building a successful real estate and development company. Tough economic times come and go. How we deal with them makes all the difference between success and failure in the long term.

“My father, John Ogden Sr., continued the business and went through all the economic ups and downs over many years. Such experiences give people valuable perspective, sharpen determination and provide needed wisdom.

“Now here we all are in the midst of, arguably, the worst economic downturn since the 1930s. Most of us now in business have not experienced anything quite like it. What can we learn from the generation that had it a lot tougher than we have had until now and still survived?

“First of all, failure was not in the minds of those who saw it through. We must believe in ourselves and do what is necessary in our own situations to assure that we will still be on our feet when the economy turns around.

“Further, we need to help our clients and our employees believe in their efforts and have hope in the future. It is very important to communicate this to our people.

“My father’s generation was wise with their resources. They stuck to what they did best and were financially prudent - in good times and bad. Finally, they maintained a rich sense of humor, regardless of circumstances – something we must cultivate in these times. We all like to do business with people who are upbeat!

“I feel I will be doing my part for the future by staying positive, using common sense and maintaining a sense of humor. Things really will get better!”

September 3, 2009
Ogden Commercial hires new Sales Associate

Ogden & Company, Inc., Milwaukee, WI - is pleased to announce that David Kelley has joined Ogden & Company, Inc.’s Commercial & Investment Division as a commercial sales associate.

David Kelley is a licensed real estate broker with over 6 years of experience in commercial sales and leasing. David has an extensive background in retail properties and most recently came from Kelley Property. Prior to joining Ogden, David was a General Contractor and Commercial Property Landlord. He also owned and managed a 78,000 square foot industrial building in Racine and Kelley’s Restaurant in Mequon. David graduated from Babson College in Wellesley, MA and has associations with the International Council of Shopping Centers, the Commercial Association of Realtors, and NAR. You can contact David Kelley at Ogden & Company Inc.’s corporate office at 414-270-4153 or at davidk@ogdenre.com.

July 17, 2009
Ogden Commercial announces the following

M3 Partners of Memphis TN has purchased the former Carquest building at 1545 West National. John Avery of Ogden & Company was the listing and selling agent.

8838 North Port Washington Road, The Ogden Center, Bayside, WI. The Pet Apothecary has leased approximately 1,100 sq.ft. retail space, brokered by Sue Sardina.

8834 North Port Washington Road, The Ogden Center, Bayside, WI. Vincent J. Cicivello Agency has leased approximately 760 sq. ft. of retail space, brokered by Sue Sardina.

1661 North Water Street, The Northern Lights Building, Milwaukee, WI. Cathedral Consulting Group has leased approximately 660 sq. ft. of office space, brokered by Sue Sardina.

110-114 West Wisconsin Avenue, Neenah, WI. Bill Paul Ltd. has leased approximately 5,800 sq. ft. of retail space, brokered by Angela Hoehnen.

2422 West Clybourn Street, Milwaukee. Community Relations SDC has leased approximately 935 sq. ft. of office space and 5,550 sq. ft. of warehouse space brokered by Michael Seramur.

320 East Buffalo Street, The PH Dye House, Milwaukee, WI. A New Bloom has leased approximately 1,065 sq. ft. of retail space, brokered by Michael Seramur.

237 S. Curtis Road, West Allis, WI Everest Snow Management, Inc., has leased approximately 2,850 sq. ft. of office/ warehouse space, brokered by Brent Landfried.


July 17, 2009
Ogden & Company Inc., is pleased to announce the grand opening of The Park at 1824

Ogden & Company Inc., is pleased to announce the grand opening of The Park at 1824 East Park Place, Milwaukee, WI, Wednesday, July 9, 2009. The official ribbon cutting ceremony is set for 4:00p.m. today. Developer, Wangard Partners, have invited special guests including Mayor Tom Barrett.



The Park is comprised of 175 units and will be professionally leased and managed by Ogden & Company, Inc. Located just four blocks from the UWM Campus, the Park boasts furnished units, a fitness center, laundry facilities, and a recreation room. The Park offers a new concept of “lease by-the-bedroom” contracts starting at just $615.



The Park offers a variety of floor plans and amenities that meet a wide range of tastes and needs. Amenities include a premium secure fitness center, study rooms on each floor, interactive community room, featuring plasma TV’s and pool tables, on-site laundry and underground parking.



“We are pleased to have been selected to be a part of such a fine development,” commented Peter Ogden, President of Ogden & Company, Inc. “The Park offers unique, state of the art amenities and will fulfill the need for upscale urban living near campus.”



Please join us today!

June 16, 2009
Ogden & Company, Inc. is pleased to announce

that the Phoenix Business Journal has listed Ogden & Company, Inc. in the top 11 HOA management firms in Arizona.

April 26, 2009
Milwaukee Journal - Agents see movement as buyers find low prices

Spring is traditionally boom time for real estate agents. But with the industry at the forefront of the recession, many local agents have expressed concern about this year\'s selling season.

While the overall market \"is slower than molasses,\" the market for foreclosed homes is showing signs of life, said Kristine LaDue, a Waukesha-based agent for Ogden, The Real Estate Co..

LaDue estimated that 90% of her business now is foreclosed homes. She has 13 foreclosed properties listed and recently closed on four others. None was on the market more than 90 days, LaDue said.

\"Stuff should pick up in the spring, and the bulk of my business is in foreclosure,\" LaDue said.

According to RealtyTrac, an industry Web site that tracks property statistics, Milwaukee County has more than 4,800 foreclosed properties on the market. An additional 2,300 properties are in pre-foreclosure, meaning the homeowner is at least 30 days behind on mortgage payments and facing foreclosure. According to data culled from Wisconsin Circuit Court Access, an average of 150 foreclosures are filed each week in Milwaukee County.

With a variety of foreclosed properties up for sale, an $8,000 tax credit from the Obama administration and grant programs from the City of Milwaukee, the spring selling season isn\'t looking as bad as many real estate agents feared.

John Protiva, an agent with First Realty in Milwaukee, said that because of deals on foreclosures, his business is up between 15% and 20% for 2009.

Good deals out there
Buyers have realized that \"foreclosed\" doesn\'t necessarily mean the property is in bad condition, he said. Most homes need some type of work, sometimes as little as a fresh coat of paint and new carpeting. If buyers are willing to put in a little work, a foreclosed home can be a great deal.

\"The ones in reasonable condition will sell in three or four days now. We even have overbids,\" Protiva said. \"Some are going for 40% or 50% below their market value.\"

With a rising joblessness rate and a generally poor economy, foreclosure is hitting all segments of the housing market, Protiva said. \"They\'re in suburban and outlying rural areas, across all price levels and income levels,\" he said.

\"These properties are entering the market at very aggressive prices,\" said Justin Hoffmann, an agent with the Milwaukee office of Re/Max Realty 100. Eager to get foreclosures off their books, Hoffman said he\'s heard of some banks dropping selling prices by $5,000 or $10,000 every two weeks.

\"If banks haven\'t seen the activity they want to see in the first few weeks, they are very willing to make price reductions,\" he said.

Federal, city incentives
Steep reductions mean buyers are getting larger homes than they might not have been able to afford a year ago. Additional incentives from the White House and the City of Milwaukee make foreclosed properties even more attractive.

The Obama administration\'s $8,000 tax credit is for first-time home buyers and doesn\'t have to be repaid. A first-time home buyer is defined by the administration as someone who hasn\'t owned a principal property in the last three years.

Suzanne Dennik, a consultant for the Department of City Development, is managing projects for the Milwaukee Foreclosure Partnership Initiative. She said 1,800 vacant, foreclosed properties lie within city boundaries. To provide buyer incentives, the city is using money from the federal Housing and Economic Recovery Act passed last year to fund three foreclosure purchase programs.

Dennik said buyers should check with the city to find out whether they qualify for the programs. Any of the city\'s programs can be combined with the federal $8,000 tax credit.

\"There are misconceptions about what the condition of all properties is across the board,\" Dennik said. \"There are some very nice, conditioned properties that need minimal rehab. Some need more work, but (there is also) a substantial amount of assistance out there.\"

Still, buyers should be aware of the potential pitfalls in purchasing a foreclosed house.

Buyers should always check properties for damage and general lack of upkeep. Homeowners in foreclosure don\'t have enough money to make their mortgage payments, much less buy a new furnace or repair a leaky roof, said Bush Nielsen, a real estate attorney for the Waukesha office of Reinhart, Boerner, Van Deuren.

\"I always recommend people get a survey of the property,\" Nielsen said. \"A survey is always a good idea, but it\'s an especially good idea when you can\'t ask questions of the former owner.\"

In a typical buyer-seller transaction, the seller is required to disclose any problems with the home, such as a basement that floods every spring. A bank doesn\'t have to file a property condition report because no one from the bank has lived in the home and is aware of its quirks, said Patrick Roney, an attorney and president of Roney Law Office LLC in Milwaukee.

Looking for pitfalls
Roney suggested buyers conduct a property search through the city or county Web site to find any work permits that might have been filed for big repairs. Such a search could give buyers an idea of the home\'s perpetual problems, he said.

When purchasing a foreclosed property, the buyer is taking the home subject to all liens and judgments against it. Typically, any outstanding secondary claims - such as property taxes, repairs, additional loans or mortgages, and condo or subdivision association dues - are taken care of during the foreclosure process. But if the primary mortgage holder forecloses on a home without naming all secondary claims to the property, the new buyer could be stuck with the bill. Buyers should not be lulled into a false sense of security, Roney said.

\"People think, \'Oh, I\'ll be OK,\' and 19 times out of 20, you will be OK. It\'s that 20th time that it blows up in your face,\" he said. When paying thousands for a home, \"it\'s always a good idea to spend a few hundred dollars to consult with a lawyer.\"

Buyers should have a lawyer review a copy of the home\'s title and any purchasing documents before putting down their signatures.

\"The most important thing is to have a lawyer review the offer to purchase before it\'s signed. It\'s a binding contract, and you cannot change it after it\'s signed,\" Nielsen said. No three-day waiting period or \"subject to reviews\" laws apply.

Roney recommends first-time buyers do not purchase foreclosures at auction because the quick pace doesn\'t allow time for a thorough look at the home and all its documents.

\"Your legal mind-set should be to do as much as possible now, in order to avoid being in court later,\" Roney said. \"Spend a little more time and a little more money on research now. It minimizes any unforeseen problems.\"

April 8, 2009
Ogden commercial announces the following

Woodcraft has leased 8400 sq. ft. in the Greenfield Plaza Shopping Center from Greenfield PLaza, LLC. John Avery of Ogden & Company was the listing agent. Michael Streit of Grubb& Ellis Apex Commercial was the leasing agent.



March 13, 2009
Ogden Commercial announces the following

2322 W. Clybourn Street, Milwaukee, WI – Digi Corp., has renewed their lease occupying approximately 10,000 rsf of office/flex space. Transaction brokered by Michael Seramur, Ogden & Company, Inc.

145 W. Wisconsin Avenue, Neenah, WI - Keller Plaza
– Elof Hannson Fiber, LLC renewed their lease for approximately 3,478 sf of office space, brokered by Angela Hoehnen of Ogden & Company, Inc.
– Zacatecas Restaurant has renewed their lease for approximately 3,149 sf of retail space, brokered by Angela Hoehnen of Ogden & Company, Inc.

2417 Post Road, Stevens Point, WI - Post Whiting
- Wisconsin Business Development Finance Corp., renewed their lease for approximately 1,500 sf of office space, brokered by Angela Hoehnen of Ogden & Company, Inc.
-Torborgs Lumber of Waupaca has renewed their lease for 2,400 sf of office space, brokered by Angela Hoehnen of Ogden & Company, Inc.

1661 North Water Street, Milwaukee, WI – Northern Lights Building
– Brooksource has expanded their operations leasing approximately 1,295 sf of office space, brokered by Susan Sardina, Ogden & Company, Inc.
- Volunteers of America has expanded their operations leasing approximately 2,060 sf of office space, brokered by Susan Sardina, Ogden & Company, Inc.
- James Jordan d/b/a Dynasty Real Estate, has leased approximately 464 sf of office space, brokered by Susan Sardina, Ogden & Company, Inc.

1673 N. Farwell, Milwaukee, WI – Nova has leased approximately 1,000 sf of retail space, brokered by Michael Seramur, Ogden & Company, Inc.

6430 W. Fond du Lac Avenue – Milwaukee All Saints Anglican Church has purchased the property located at 6430 W. Fond du Lac Avenue, brokered by John Avery of Ogden & Company, Inc.

February 13, 2009
Ogden Residential Sales hires Amy Zuerner & Patrick Cotter

Ogden ResidentialSales Division is pleased to announce the hiring of two new sales associates, Amy Zuerner & Patrick Cotter.

February 13, 2009
Ogden Commercial Brokerage announces

Ogden & Company, Inc. is pleased to announce the grand opening of the La dolce vita Restaurant at 1673 N. Farwell Avenue next to Starbucks which will take place on Wednesday, February 25th.

Leased by Michael Seramur of Ogden & Company, Inc., La dolce vita is the most recent tenant to occupy space in the Historic Kunitzky Building at the five corners intersection. The restaurant specializes in savory Moroccan and Mediterranean cuisine, using the finest spices in a very inventive way. La dolce vita blends innovation with tradition, to provide a superb menu in a casual dining atmosphere. Diners can relax and enjoy the atmosphere or they can grab a quick Panini or salad. La dolce vita welcomes you to come and taste a bit of the sweet life. Open Sunday-Wednesday 11am-midnight and Thursday-Saturday 11am-2:30am.

January 9, 2009
Ogden Commercial Brokerage is pleased to announce

Former Gathering Restaurant located at 3215 Hillside Drive in the City of Delafield has been sold. The new owners will be opening the long awaited Pacific Bistro, specializing in Asian fare which is slated to open in February, 2009. Roger Duchow and Michael Seramur of Ogden & Company, Inc., were both the listing and procuring brokers.

December 17, 2008
Small Business Times - Real Estate People in the News

December 17, 2008 - The residential sales division for Ogden, the Real Estate Company LLC, announced that Christine J. Howard has received the Greater Milwaukee Association of Realtors dedicated service award.

December 11, 2008
Ogden Residential Sales annouces GMAR Service Award Recipient

Ogden, the Real Estate Company, LLC Residential Sales Division is pleased to announce that Christine J. Howard has received the Greater Milwaukee Association of Realtors, (GMAR) Dedicated Service Award. This award is presented to a GMAR Realtor member who has given long-term service to the real estate industry and the community. Christine Howard is a third generation Realtor.

November 25, 2008
Ogden Commercial Brokerage announces the following lease transaction

Milwaukee - Armitage & Associates Investigative Services, Inc. will soon be the newest tenant at the historic P.H. Dye Building, 320 E. Buffalo St., in Milwaukee’s Third ward. Armitage & Associates will occupy 2,960sf of office space in the eight story building.

Founded by Michael J. Armitage in 1988, Armitage & Associates is the largest private investigation firm in Wisconsin. Armitage & Associates is a well known and respected source of private investigative services nationwide.

The P.H. Dye is a 180,000sf building located in Milwaukee’s Historic Third Ward. The building has undergone extensive interior/exterior renovation. Space can be leased or purchased as commercial condominium units.

P.H. Dye was represented in the lease transaction by Michael Seramur of Ogden & Company, Inc. The tenant was represented by Jack Quinlevan of Quinlevan & Associates.

November 25, 2008
Ogden Commercial annouces the following lease transactions

124 W. Wisconsin Avenue, Neenah, WI – Digicorporation, Inc., d/b/a Aspen Coffee has renewed their lease and completed an expansion, occupying 1,765sf of space in the Market Place, brokered by Angela Hoehnen, Ogden & Company, Inc.

5678 W. Brown Deer Road, Brown Deer, WI – Special O.P.S. LLC, a security and private investigative services firm, has leased 1,398sf of space in the Ridge View office building, brokered by Susan Sardina and John Avery of Ogden & Company, Inc.

2433 W. Roosevelt Drive, Milwaukee, WI – Young Minds Preparatory, Inc., has leased 10,000sf of classroom space, brokered by John Avery, Ogden & Company, Inc.

1661 North Water Street, Northern Lights Office Building:

– Weiss & Company, LLC, a public relations firm, has leased 788sf of space, brokered by Susan Sardina, Ogden & Company, Inc.

– Jim Moran & Associates, Inc., a nationwide automotive industry expert, has renewed their leased for 874sf of space, brokered by Susan Sardina, Ogden & Company, Inc.

– James A. Jordan d/b/a Dynasty, owner/operator of the Wing Zone, has leased 232sf of space, brokered by Susan Sardina, Ogden & Company, Inc.


November 5, 2008
Small Business Times - Real Estate People in the News

Milwaukee-based Ogden & Company recently hired Dan Morgan and Brent Landfried as commercial sales associates in the firms commercial and investment division. Prior to joining Ogden, Morgan headed his own firm in Cambridge, Wisc. He also worked as a broker for Northland Real Estate in the Madison market and with Rollie Winter and Associates in Appleton. Landfried is a recent graduate of Texas Tech University.

October 31, 2008
Milwaukee Business Journal

Franciscan Ministries sells Villa St. Anna in Caledonia

John and Richard Coury have purchased the Villa St. Anna assisted living facility in Caledonia for $1.4 million from Franciscan Ministries Inc., a holding company for Wheaton Franciscan Services Inc.’s housing subsidiaries.

The Courys, who are brothers operating their business in Franklin, also own assisted living apartments called Elizabeth Residences in Bayside and Franklin, and Ramsey Woods in Cudahy.

The Courys plans to renovate the existing 71-unit Villa St. Anna include reducing the number of units to 50, enlarging the remaining units, adding full bathrooms and expanding the living areas. The village has approved the plans, said Dave Nance, a broker in Ogden & Co. Inc.s Milwaukee commercial and investment division who represented the Courys in the real estate transaction. James Riead, an independent mortgage broker with Condominium Specialists Inc., Egg Harbor, assisted the Coury family in completing the transaction.

In addition, Nance said the Coury family has village approval to construct a 24-unit, 30,000-square-foot residential care apartment complex on a 4-acre site near the existing building at 5737 Erie St. in the Wind Point area of Caledonia.


October 29, 2008
Small Business Times Real Estate Deal of the Week

John and Richard Coury of Elizabeth Residence and Ramsey Woods Residence recently purchased the 71-bed community based residential facility at 5737 Erie St., Caledonia, from Villa St. Anna Inc., a subsidiary of Franciscan Ministries Inc. (the holding company for Wheaton Franciscan Services Inc.s housing entities). The property is located in the Wind Point area of Caledonia. The Courys plan to renovate the building and decrease the number of units to 50. They also plan to build a 24-unit residential care apartment complex on the four acre site. In brokering the sale, Villa St. Anna was represented by Dave Nance of Ogden & Company Inc. and mortgage broker James Reid represented the buyers.

October 27, 2008
Villa St. Anna Assisted Living Facility Sold - Racine, WI

Ogden & Company, Inc.,’s Commercial & Investment Division is pleased to announce that John and Richard Coury of Elizabeth Residence and Ramsey Woods Residence have purchased the 71 unit Community Based Residential Facility (CBRF) from Villa St. Anna, Inc., a subsidiary of Franciscan Ministries, Inc. (FMI), the holding company for Wheaton Franciscan Services, Inc.\\\\\\\'s housing entities. FMI operates more than 2,500 units of affordable housing in Colorado, Illinois, Iowa and Wisconsin. The Coury family owns and operates senior assisted living communities in Wisconsin, including Bayside, Franklin and Cudahy.

The property is located in the Wind Point area of the Village of Caledonia, near Lake Michigan. The new owners plan to operate a CBRF and have approval from the village to renovate the existing building, enlarging the units, adding full bathrooms and expanding the living area. The number of units will decrease from 71 to 50. In addition, approval on the 4+ acre site was granted for the construction of a new 24 unit Residential Care Apartment Complex, (RCAC).

Villa St. Anna, Inc., was represented by Dave Nance of Ogden & Company, Inc.’s Commercial & Investment Division. James Ried, mortgage broker, assisted the buyer in the transaction.



September 24, 2008
Small Business Times Real Estate Deal of the Week

Building at Farwell and Brady Sold.
The estate of Holmes Simpson recently sold the John Kunitzky Building at 1673-77 N. Farwell Ave., Milwaukee, to Mark Saigh and Mara Suchy, who are married and live in Pasadena, Calif., for $750,000. My wife is from Milwaukee, Saigh said. Its a building she remembers from when she was young. The sale price was well below the buildings assessed value of $1.485 million, according to city records. The sale was brokered by Michael Seramur of Ogden & Company, who represented the buyer and seller. The three-story, 8,347-square-foot building is 128 years old and is located at the southwest corner of East Brady Street and North Farwell Avenue on Milwaukees east side. Its a real nice corner, Saigh said. The top two floors in the building are vacant. A Starbucks café and the Dogg Haus hot dog restaurant occupy some of the first floor space.

A salon formerly occupied the second floor. Holmes Simpson, the buildings former owner, lived on the third floor and had a design studio there until she passed away. Saigh said he and his wife hope to fill the building leasing all three floors to commercial tenants. The third floor features 20-foot ceilings and lake views. Its beautiful, Saigh said. The building is structurally sound and does not need any major repairs, he said.

September 18, 2008
The Milwaukee Business Journal

The nearly 130-year-old John Kunitzky Building on Milwaukee\'s east side has been sold to a California trust, it was announced Thursday.

Ogden & Co. Inc., a real estate company that represented both the buyer and the seller, said the Italianate, three-story building on the southwest corner of North Farwell Avenue and East Brady Street was sold by the estate of Holmes Simpson. Ogden did not disclose a sale price.

The city of Milwaukee\'s Web site said the city has received a seller notification indicating the new owner as Mimi Trust of Altadena, Calif. The property, however, has yet to be recorded with the city. The property is assessed at $1.49 million.

The building is occupied by Starbuck\'s, the Dogg Haus and Cousin\'s. It was originally built in 1880 for a saloon owned John Kunitzky

September 3, 2008
Small Business Times Real Estate Deal of the Week

Real estate deal of the week
Middleton-based The Bruce Company recently purchased 5.85 acres at 520 S. 92nd St. in the city of Milwaukee, for $730,000 from Allan-Knox Inc. The sale was brokered by Gordon Steimle of Ogden & Company, who represented The Bruce Company, and Bill Langhoff and Bob Flood of RFP Commercial, who represented Allan-Knox. The site is located near the Zoo Interchange. The Bruce Company, a landscaping firm, plans to build a new, 4,000-square-foot office and training facility on the property and will renovate an existing 6,000-square-foot building on the site. A groundbreaking ceremony will be held today to celebrate the start of construction for the project. The new building has been designed by Quorum Architects and will include several environmentally friendly green features, including a metal roof, exterior finishes using local recycled materials and a rain garden to control storm water runoff. The building will be constructed by Ogden Construction, a division of Ogden & Company Inc. This property will help us to better serve our customers and provides us with room for expansion, said Jeff Joutras, vice president of sales and marketing for The Bruce Company. We currently rent space near Miller Brewing and are excited to make this commitment to stay in the city and to build a new office/training center for our employees.

August 29, 2008
Ogden Commercial Brokerage announces groundbreaking ceremony of green building

The Bruce Company of Wisconsin announces groundbreaking ceremony of “green” building to take place at 520 S. 92nd Street

The Bruce Company of Wisconsin, a Middleton-based full-service landscaping firm, announces its groundbreaking ceremony at the site of the company’s new office/training facility at 520 S. 92nd Street. The ceremony is scheduled to take place on Wednesday, September 3 at 11:30a.m. Anticipated dignitaries include: Alderman Michael Murphy, executives of The Bruce Company and representatives of Quorum Architects, Ogden & Company, Inc., and Ogden Construction.

The Bruce Company recently purchased the 5.85 acre parcel on South 92nd Street in Milwaukee, as part of its expansion plan to enhance the company’s services throughout the Metro-Milwaukee area. Quorum Architects, Milwaukee, has designed the building which will have many “green” features such as a metal roof, exterior finishes using local recycled materials and a rain garden to control storm runoff. The building which is to be constructed by Ogden Construction, a division of Ogden & Company, Inc., a full service real estate company, is scheduled to be completed by the end of the year.

August 26, 2008
Ogden Commercial Brokerage announces the following

The Bruce Company of Wisconsin, a Middleton based full-service landscaping firm, has purchased 5.85 Acres on South 92nd Street in Milwaukee. The company’s continued growth in servicing the landscaping needs of metro-Milwaukee and the property’s central location with easy access to the Zoo interchange, were key factors in it’s purchasing decision.

“This property will help us to better serve our customers and provides us with room for expansion,” said Jeff Joutras, Vice President of Sales & Marketing for The Bruce Company. Joutras is also responsible for the company’s Landscape Management Division which will be based in a new building to be built on the property. “We currently rent space near Miller Brewing and are excited to make this commitment to stay in the city and to build a new office/training center for our employees,” said Joutras. The Bruce Company employees approximately 50 people from the Milwaukee area during the peak landscape season.

Quorum Architects, Milwaukee, has designed the building which will have many “green” features, such as a metal roof, exterior finishes using local recycled materials and a rain garden to control storm runoff. The building which is to be constructed by Ogden Construction, a division of Ogden & Company, Inc., a full service real estate company, is scheduled to be completed by the end of the year.

The Bruce Company was founded by Leland Bruce in 1952 in Middleton. The company’s capabilities have grown to include landscape design/build services for both commercial and residential customers, landscape management service, golf course construction, a 900-acre nursery and a beautiful retail center located in Middleton, Wisconsin, on Madison’s west side. For more information, visit www.brucecompany.com

Gordon Steimle of Ogden & Company, Inc. represented The Bruce Company. The land sellers were represented by Bill Langhoff and Bob Flood of RFP Commercial.

July 25, 2008
Ogden Commercial Brokerage & Investment Division annouces lease transactions


5519 W. Woolworth Avenue, Milwaukee, WI – GB Tools and Supplies, Inc., has leased 33,000sf of warehouse space from Abcon Enterprises, Inc., Listing Agent, John Avery, Ogden & Company, Inc.

1515 W. Mequon Road, Mequon, WI - Laacke & Joys renewed their lease for 14,000sf of retail space in East Towne Square, Listing Agent, Marvin Hansen, Ogden & Company, Inc.

11051 N. Towne Square Road, Mequon, WI – Mequon Myotherapy & Associates has leased 1,500sf of office space, Listing Agent, Marvin Hansen, Ogden & Company, Inc.

1661 N. Water Street, Milwaukee, WI – Brooksource has leased, 1,033sf of office space in the Northern Lights Building, brokered by Marvin Hansen, Ogden & Company, Inc.

1661 N. Water Street, Milwaukee, WI - Promo540 has leased 364sf of office space in the Northern Lights Building, brokered by Susan Sardina, Ogden & Company, Inc.

1661 N. Water Street, Milwaukee, WI – Cathedral Consulting, LLC has leased 660sf of office space in the Northern Lights Building, brokered by Susan Sardina, Ogden & Company, Inc.

1661 N. Water Street, Milwaukee, WI – Bond Holding Corp., has leased 1,692sf of office space in the Northern Lights Building, brokered by Ogden & Company, Inc.


May 19, 2008
Heartland Real Estate Business

MILWAUKEE CITY HIGHLIGHTS
Sean Osborne, Susan Fellows, Julie Peterson, Sue Sardina, Samuel Dickman Sr. and Bill Bonifas

Milwaukee Multifamily Market

The mainstream media has taken the “real estate market is in bad shape” story and plastered it from coast to coast. It is possible to get discouraged by all the negative coverage, but we have to remember that we are in the Midwest — better yet, we are in Wisconsin — so the news is much brighter than the stories reflect. Yes, foreclosures are at an all-time high and may keep growing; however, this doesn’t surprise people in the real estate industry. When real estate is being bought and sold with no money down and little regard to credit, something has to give. It is the role of real estate professionals to anticipate such happenings, and to help their business and clients benefit from the changing market conditions.

Ogden & Company’s property management division has worked with clients that own multifamily rental housing units and positioned the properties over the past several years to allow the owners to reap the benefits of the rental boom brought on by the struggles in the residential mortgage market. Prudent management has allowed apartment owners to maximize occupancy by keeping rental rates reasonable and extremely competitive, which kept the properties full. With good occupancy rates, owners didn’t have to support cash shortfalls often created by high vacancy, or sacrifice the income stream with huge up-front rent concessions.

Last year, many apartment owners tested the waters and were able to enact reasonable rent increases where appropriate. This year, owners were able to increase most rents across the board, with monthly rents increasing anywhere from $20 to $75 per unit, as well as implement increases on lease renewals. This was partly a result of the new loan environment, in which credit requirements have tightened; not everyone can qualify for financing or produce the cash necessary for a down payment on a home.

There were many owners that were not prepared to weather the storm of high vacancies and reduced rents, which resulted in loan defaults. In some cases, Ogden & Company stepped in during the pre-foreclosure and foreclosure processes as a receiver. Through the company’s management services, Ogden & Company has been able to stabilize the property and sustain the bank’s collateral. Through the company’s commercial and investment division, Ogden & Company has also identified purchasers for these properties, eliminating the need for an auction. The quick turnaround has allowed lenders to recoup a higher percentage of their investment than the returns that would have been gained via auction.

Stepping over to the Milwaukee condominium market, the over saturation is apparent; there are just too many available units. Condo developers had a great run, but sales have now slowed to a crawl. The situation is again compounded by the tighter lending requirements, which have significantly hindered many potential buyers. Renting out these new units has also become an option.

Even though the buying process has become more stringent, the market is still very good for potential condo buyers. As summer approaches and interest rates continue to dip, there will be great opportunities on the horizon for buyers.

Milwaukee is also looking to outside investors as a potential economic stimulus, but has not yet experienced the same level of activity as some other Midwest cities. We anticipate greater interest from new investors, resulting in increased multi-unit condo sales and purchases. If investors see potential in Milwaukee, such acquisitions may save a few troubled developments. In addition, the Midwest‘s reputation for steady real estate appreciation provides a definite advantage for any investor. Some advice for potential investors during this unique time in the real estate industry: Buy if you can, maximize your rents and save for the future.

— Susan Fellows, director of real estate management; Julie Peterson, director of property management division; and Sue Sardina, commercial sales associate, for Milwaukee-based Ogden & Company contributed to this article.

May 8, 2008
Ogden & Company, Inc. Top Leasing Firm - CoStar Power Broker Awards

Ogden & Company, Inc. Commercial & Investment Division is pleased to be named as a Top Leasing Firm and one of CoStars Power Brokers, based on transactions completed in 2007.

To read more please copy and past this link into your browser: http://www.costar.com/News/Article.aspx?id=72F3715954872FC7DDBC734A9A7D287F&

April 26, 2008
Congratulations Sarah Akin!

Ogden & Company, Inc. would like to congratulate Sarah Akin, for being named the IREM member of the month for March 2008. Sarah is a leasing administrator in the Downtown office Property Management Division. Sarah is an integral member of the Property Management team and we wish her great success in all her future endeavors with Ogden!

March 19, 2008
Real Estate Deal of the Week - Small Business Times

Milwaukee investors purchase Sheboygan strip mall
Shevegas LLC, a group of Milwaukee area investors, recently purchased the 55,000-square-foot South Town Shopping Center at 3321 S. Business Dr., Sheboygan, from HP Properties for $3.85 million. Gordon Steimle and Roger Duchow of Ogden & Company Inc. represented HP Properties in brokering the deal. The strip mall is 96 percent occupied and its tenants include Deals & Steals Furniture, Goodwill, Play It Again Sports, Pay Day Loan and The Barbershop. South Business Drive is one of Sheboygans main commercial corridors.

February 5, 2008
The time to buy is now!

Thinking about buying a home? If you are considering investing in a residential home in the coming months, you couldn’t have picked a better time! Despite reports of a national decline in home sales, recent statistics have shown different. According to the 2007 year end MLS statistics, 2007 was the 7th best year ever in Milwaukee real estate. A reported 17,231 home sales occurred in 2007, bypassing 2000’s 16,311 total sale.

Other important MLS statistics include a 13.7% increase in home listings, making 2007 the 2nd highest home listing year ever. Perhaps most importantly, the market fundamentals are very good with interest rates capping off at approximately 5.63% (30-year, fixed). This is great news for investors, first time homeowners or anyone interested in investing in a new home!

“This is a great time to buy because interest rates are extremely low right now, in fact, lower than we have seen in about three or four years. Also, inventory is exceptional at the present time, leaving buyers with lots of options when searching for their perfect home”, states Christine Howard, Manager of Ogden & Company, Inc. Residential Real Estate.

Overall, this is an optimum time to buy a new home in the greater Milwaukee area. To learn more about how you can start finding your new home, please contact Chris Howard at (414)224-1600 or chrish@ogdenre.com. Or to search listings, visit the Ogden & Company, Inc. website at www.ogdenre.com.

January 24, 2008
Ogden Commercial Brokerage & Investment Division annouces lease transaction

1709 N. Farwell - MMX, L.L.C. dba Mega Media Xchange, has leased 5,500 sf of space in the Farwell Point Building from ROSS, L.L.C. Mega Media Xchange specializes in the purchase and resale of books, cd’s, dvd’s, video games and small electronics. This is a second location for the tenant. John Avery of Ogden and Company, Inc., brokered the transaction.

January 10, 2008
Ogden Construction Group, LLC is pleased to announce

Joel Cook, the company’s President, is now a LEED Accredited Professional. Ogden Construction Group, LLC is also proud to be a US Green Building Member General Contractor. LEED (Leadership in Energy and Environmental Design) is a voluntary rating system for developing high-performance, sustainable buildings. It is a rating tool for green building design and construction. LEED emphasizes state-of-the-art strategies for sustainable site development, water savings, energy efficiency, materials and resources selection, and indoor environmental quality.

January 10, 2008
Ogden Commercial Brokerage & Investment Division annouces lease transactions

1661 North Water Street, Northern Lights Building – Jacki DaVia Massage Therapy, Five Twelve Group, Process Arc, brokered by John Mazza.

8850 N. Port Washington Road, Ogden Center Bayside, WI – RWH Accounting and More Steam.com brokered by John Mazza.

3321 South Business Drive, Sheboygan, WI – Pro Driver, National Guard, brokered by Gordon Steimle.

320 E. Buffalo Street, P.H. Dye House, Milwaukee, WI – Momentum-N.A., Inc.,brokered by Michael Seramur.

2460 W. Clybourn Street, Milwaukee, WI – Community Relations - SDC- Milwaukee County Residential Weatherization Services, brokered by Michael Seramur.

2202 W. Clybourn Street, Milwaukee, WI – Milwaukee County Historical Society, brokered by Michael Seramur.

511 E. Silver Spring Drive, Whitefish Bay, WI – Blue Atlantis, Inc. d/b/a Cavalry Games and Hobbies, brokered by Marvin Hansen.

January 9, 2008
Small Business Times

Biz Times Real Estate Weekly
Eagle Prairie Inc. recently purchased the 11,821-square-foot, 85-year-old Warrior Building at 2017-23 W. Wisconsin Ave., Milwaukee, for $540,000 from Maryland Court Apartments LLC. The building has an assessed value of $545,000, according to city records. The building, located near the Marquette University campus, was originally used as a residence. It was converted to office space in the 1940s and was renovated in 2006 as classroom space for a charter school. The building houses Assata, an MPS alternative high school. In brokering the deal Mike Seramur, John Mazza and Sue Sardina of Ogden & Company represented Maryland Court Apartments and Dwight Kellogg of Ogden & Company represented Eagle Prairie. I believe the school will continue to operate there, said Gordon Steimle, vice president of the commercial brokerage division for Ogden & Co. I think (Eagle Prairie) just see it as a longer term investment. The area is improving and they see the potential of that area and that building improving over time.

December 10, 2007
Small Business Times

Biz Times Real Estate Weekly
Wednesday, December 5, 2007
An investors group, whose registered agent is James Schulhof of Milwaukee-based Schulhof Property Management LLC, recently purchased two apartment buildings on Wisconsin Avenue near the west end of the Marquette University campus. The buildings, Maryland Court Apartments at 2029-41 W. Wisconsin Ave. and The Patrician Apartments, 2101-15 W. Wisconsin Ave., have a total of 79 units and were sold by Maryland Court Apartments LLC to the investors group for $4.25 million. Ogden & Company brokers Mike Seramur, John Mazza and Sue Sardina brokered the deal for the buyers and the seller. The apartments are located across the street from 2040 Lofts (formerly the Bockle Building, which was recently converted into student housing) and near the Ambassador Hotel. We have seen a surge of activity in the area, said Gordon Steimle, vice president of Ogden & Company Inc.s commercial & investment division. With the continued increase in enrollment at Marquette University and the need for student housing, the product and location created an ideal investment opportunity.

November 9, 2007
Ogden & Company, Inc., is pleased to annouce that:

William J. Steele, Jr. has joined the Company as the Director of Commercial Property Management. Steele has over thirty years of experience in commercial, retail, and light industrial management. He has worked in both the private and public sectors and his work has included site selection and market analysis, project management, leasing, acquisition and disposition of properties. For fourteen years, William managed corporate owned property for The Marine Bank and Bank One, first as President of Bank One Building Management Corporation and later as a Senior Asset Manager and Leasing Director for over 3.2 million square feet of bank property throughout the United States. He is a graduate of the University of Wisconsin-Milwaukee, and lives in Brookfield with his wife Kathleen. You can contact William J. Steele, Jr. at 414-270-6366 or at williams@ogdenre.com.

In addition, Susan Sardina will be working as a real estate sales associate in Ogden’s Commercial/Investment Division. Sardina joined Ogden & Company, Inc. in 2005 and has over 20 years of experience and an extensive background in real estate management. Prior to joining Ogden, she served as Vice President, Director and Partnership Manager of Grootemaat Investment Management Corp. In that capacity Sardina oversaw the day to day operations of the company and performed asset/investment management duties for a multitude of real estate investors with holdings throughout southeastern Wisconsin. Her real estate portfolio included over 1,500 apartment units, including the Juneau Village High Rise Apartments located in downtown Milwaukee, federally subsidized housing units, as well as several shopping centers. She has also performed extensive due diligence work and has handled all aspects of transfers and disposition of real estate assets. You can contact Susan Sardina at Ogden & Company Inc.’s corporate office at 414-270-4148 or at sues@ogdenre.com.



November 5, 2007
WWII Veterans honored at Grand Wisconsin with reinstalled plaque

Losing seats at the table
Veterans worry whether sacrifice will be remembered
By MEG JONES
mjones@journalsentinel.com
Posted: Oct. 25, 2007
Their group numbered a few hundred when they gathered here for their first banquet in 1948, three years after the China-Burma-India campaign of World War II.

Their brethren had come from all over the country, and they celebrated with a $3-a-plate dinner and cocktails, listened to welcoming remarks from Mayor Frank Zeidler and posed for pictures on the steps of City Hall. A sign on the City Hall tower greeted them.

They met again Thursday morning at the same spot in downtown Milwaukee. This time, they filled a lone table as they drank coffee and ate Reubens. Their national group disbanded a few years ago because of low numbers. These are the last of the locals.

Now in their 80s and 90s, the men see themselves as forgotten because few know or remember that Americans were sent to those countries to build railroads, fly supplies over \\\"the hump\\\" of the Himalayas and construct landing strips. And, as thousands of World War II veterans die each day, they worry about their legacy.

What was it like for the last veteran of Gettysburg, they ask. Or the last survivor of Belleau Wood?

\\\"We\\\'re getting to be like the Civil War veterans. Eventually, we won\\\'t be around anymore,\\\" said Bill McManus, 85, who lives in Milwaukee and spent 22 months in India, working on the railroad that carried oil, gasoline, supplies and soldiers into Burma, now known as Myanmar.

When the China-Burma-India Veterans Association formed shortly after the war, the group decided to hold its first national convention in Milwaukee at the Hotel Wisconsin near N. 3rd St. and W. Wisconsin Ave. Fifteen years later, the veterans commemorated the site of the first banquet with a plaque on the outside of the building.

The Hotel Wisconsin is no longer a hotel. Now called the Grand Wisconsin, the building recently underwent a multimillion-dollar renovation, and the rooms were turned into upscale apartments. During the renovation, the plaque was taken down and left in a storeroom.

McManus noticed the plaque was no longer there and alerted the property managers, who found it. McManus asked whether it could be put back up.

After the local chapter of the veterans group paid $300 to clean and polish the plaque, it was attached to the side of the building Wednesday. McManus and five other veterans stood proudly in front of it Thursday, with the help of canes and walkers, and got their pictures taken again.

\\\"This will be something we\\\'re leaving behind,\\\" McManus said.

The half-dozen men served in different units. Some were in India; others were in Burma and China.

William Wyss, 87, of Greendale left his butcher job on Mitchell St. to go to war in India. He worked in the kitchens and carried food to men in his Army Air Force engineer battalion that helped build the Ledo Road. Clarence Miller, 90, of Wauwatosa was on a B-29 crew that flew the hump between bases in China and Calcutta, India. Les Selby, 82, of Milwaukee served with the Army Signal Corps in China.

\\\'No mention\\\' on TV
They know many people haven\\\'t heard of the China-Burma-India veterans, so they weren\\\'t surprised when the recent 15-hour Ken Burns World War II documentary airing on PBS television stations didn\\\'t include them. Not surprised, but not happy, either.

\\\"They\\\'re running that series on Channel 10, and we got no mention at all,\\\" said Selby, commander of the local chapter. \\\"You\\\'d never guess there were Americans there and that they were getting killed.\\\"

McManus remembers seeing Bengal tigers and stopping his train in northeastern India when herds of elephants refused to get off the tracks. Wyss, who still has the meal ticket from the first veterans banquet in Milwaukee, remembers the food in the service: \\\"six months of chipped beef and six months of Spam.\\\" Selby remembers chocolate bars quickly getting moldy in the heat and humidity.

They are memories that will be gone one day.

And so, once again, the veterans have a plaque on the side of a building in downtown Milwaukee.

The hope is that it will be there long after their table has emptied.

November 1, 2007
Craftmaster announces promotions and new hires

CraftMaster Contractors announces the following new hires and employee promotions:

Mike Ford – Joined our team on October 15th and is heading up our Pond Maintenance Division. Contact him at mikef@ogdenre.com or 414-406-4031 for installation and maintenance on pond fountains and aerators, along with chemical treatment of ponds.

Mike Schneble provides estimating for new construction and project management for our Milwaukee Painting Division. Call Mike at 414-349-7562 or e-mail at mschneble@ogdenre.com for any larger commercial painting bids.

Steve Kannenberg is currently part of our painting crew and will become our Milwaukee Painting Supervisor on December 1st. Call Steve at 414-397-5585 or e-mail at stevek@ogdenre.com for your multi-family, condo and residential repainting bids. Eddie Miller will be moving to Phoenix on December 1st to start up our Arizona Painting Division where he will be working with Dennis Polinske who heads the maintenance division. Contact Dennis at 480-396-4567 or email at dennispo@nextel.blackberry.net.

Mark Vandertie moved to Green Bay on October 1st and is starting up our Green Bay/Fox Valley Division. Mark can be reached at 920-390-1397 or markv@ogdenre.com.

Chris Thompson was named as Milwaukee Maintenance Supervisor on October 1st. Please call Chris for any maintenance proposals you might require in Milwaukee at 414-406-4029 or e-mail him at christ@ogdenre.com.

And last but not least, Karen Thornton will be joining us on Wednesday, October 31st as our new receptionist/ administrative assistant. Karen has replaced Vicky, and her e-mail contact will be karent@ogdenre.com. Please replace the vickyt@ogdenre.com with this new e-mail address for your maintenance requests. Karen will be responsible for answering our phones, scheduling/dispatching of our Milwaukee maintenance techs, assisting in our accounting, along with many other duties.

September 26, 2007
Ogden & Company, Inc. named largest real estate management firm

For the 5th consecutive year, Ogden & Company, Inc., AMO® has been ranked the largest Milwaukee-area residential real estate management firm, according to a recent survey conducted by The Milwaukee Business Journal. Ogden currently manages 6,661 residential rental units located throughout metro-Milwaukee, southeastern Wisconsin and Illinois.

“We are pleased to be recognized as a leader in our industry,” states Peter Ogden, the real estate management firm’s President. “When you look at the numbers, it’s definitely a confirmation of customer trust and a testament to the hard work and dedication of our staff.”

Ogden & Company, Inc., AMO®, was established in 1929 and is the largest locally owned, full-service real estate firm in the state of Wisconsin with offices in Milwaukee, Wauwatosa and Phoenix, Arizona. Ogden offers professional real estate services specializing in residential sales, commercial sales and leasing, real estate management, real estate development, maintenance and construction.

September 12, 2007
Ogden Commercial Brokerage & Investment Division annouces lease transactions:

. 1011 N. Mayfair Road, Wauwatosa, WI - Farrell Prosthetics has leased 2,916 sf of office space. Michael Seramur represented the tenant in this transaction.

. 8822 N. Port Washington Road, Bayside, WI – Christal L. Roundtree, d/b/a The Proper Attire has leased 1,537 sf of retail space. The boutique features a unique blend of women\\\'s designer fashions and accessories. John Mazza represented both the owner and the tenant in this transaction.

. 1661 N. Water Street, Milwaukee, WI – Smith Travel has renewed its lease for 795 sf of office space in the Northern Lights Building. John Mazza represented both the owner and the tenant in this transaction.

. 1661 N. Water Street, Milwaukee, WI – The Onion, Inc., print and online news source, has renewed its lease for 1,200 sf of office space in the Northern Lights Building. John Mazza represented both the owner and the tenant in this transaction.

. 11049 N. Port Washington Road, Mequon, WI - Peter and Frances Dundon, d/b/a North Shore Office Services have leased 1,200 sf of office space. Marvin Hansen represented the tenant in this transaction.

September 5, 2007
Ogden Commercial Brokerage & Investment Division announces the following:

Engberg Anderson Design Partnership, Inc. Signs lease for 20,000 square feet at the PH Dye House

“Engberg Anderson is pleased to have chosen the PH Dye House in Milwaukee’s Historic Third Ward as the relocation site for our main office. Working with our own design team, Mike Seramur, Ogden & Company, Inc., Marianne Burish at Siegel Gallagher – Oncor International and Michael Gardner of the Gardner Group, LLC, we are confident and excited to be in our new “green” environment, all on one level. We have chosen Hunzinger Construction as our builder and look forward to the move immediately after Thanksgiving of this year.” said founding partner Charles Engberg. Engberg Anderson Design Partnership, Inc. is a full service architecture, planning and interior design firm with offices in Milwaukee, Madison and Tucson. Focus areas include Healthcare/Design for Aging, Cultural, Multi-unit Housing and Mixed Use, Historic Preservation and Sustainable Design. Engberg Anderson is an award winning design firm with many local projects to their credit, including the Historic Third Ward Riverwalk, Milwaukee City Hall Restoration, Lake Express Ferry Terminal and Columbia Square.

The firm challenged its team of architects and interior designers to create an environment that meshed corporate goals with the contemporary principles of Green Design. Using the LEED-CI® (Leadership in Energy and Environmental Design for Commercial Interiors) rating system established by the U.S. Green Building Council®, the design team has created a healthful working environment that is not only energy and resource efficient, but which will serve as a learning laboratory for the firm and its clients.

Ogden & Company, Inc.’s Commercial/Investment Division has been marketing space in the 180,000-square-foot PH Dye House located in Milwaukee’s Historic Third Ward. The building owner, Gardner Group, LLC has renovated the eight-story building that originally housed the Phoenix Hosiery Dye Company. This structure was built in 1922 for the Phoenix Knitting Co., which was one of the largest silk hosiery manufacturing plants in the United States and is listed on the National Historic Register. The building offers panoramic views which are enhanced by high ceilings, large windows and the overall architectural design of the building.

The PH Dye House offers mixed-use retail on the first floor, office space on floors one through seven and 11 residential condominium units on the 8th floor. Retail tenants include: Picture Perfect, Sprout! Children’s Clothing, Moda 3 skateboarding/snowboarding equipment, accessories and apparel, Fred Astaire Dance Studio, Segway of Milwaukee, Segway Café and the VP Gallery.

August 29, 2007
Gordon Steimle - Small Business Times Real Estate Profile

Title: Vice President Commercial Brokerage/Leasing
Company: Ogden & Company Inc.
Education: BA from the University of Wisconsin - Milwaukee
Family: Married to my beautiful wife Becky with three great children, Jon, 17; Elise, 15; and Christopher, 10.
City of Residence: Milwaukee, Washington Heights Neighborhood
Hobbies and Interests: Architecture, antiques and travel.
What are you working on? The sale of a strip shopping center, land and building search for contracting firm, and looking for investment opportunities for several clients.
How does the market look to you? The market is still very healthy for commercial real estate. There are lots of buyers looking for real estate investments. The only cloud is the change in peoples perception due to all the media attention about the problems in the sub-prime loan market, the sluggishness of the residential sales and the recent fluctuations in the stock market. These stories tend to make people more cautious.
What was the best deal you have ever been involved in? I have been involved in a number of interesting deals over the last 20 years, but the ones I enjoy the most are where I get the opportunity to be personally involved in the real estate. Representing clients in transactions is very satisfying, but it is also great to have a personal stake too.
BizTimes Real Estate Weekly is compiled by Small Business Times.

August 3, 2007
Ogden Commercial Brokerage & Investment Division annouces the following transactions:

. 1523-1531 N. 13th Street, Milwaukee, WI. The former “Cream City Brewery Stables” have been sold by David E. Phelps to Dawn Boland and Cecillia Boland. Of historic significance, the structure, built in 1910 was used to stable the brewery truck horses for the Cream City Brewery. James Benz and Michael Seramur of Ogden & Company, Inc., brokered the transaction.

. Mattress Gallery, Inc. has leased 4,800 sq.ft. at 4960 S. 27th Street. This will be the first Milwaukee location for Mattress Gallery, an Ohio retailer. John Avery of Ogden & Company, Inc., is the listing and leasing broker.

July 2, 2007
85 Apartment Units Sold

Milwaukee WI -
Ogden & Company, Inc., was appointed as receiver on two apartment complexes in December, 2006. The buildings at 1143 N. 29th Street and 3700 W. Juniper Court were in serious need of professional management. Ogden & Company, Inc.’s property management division was able to stabilize these properties with improved operating and financial management systems. Ogden & Company, Inc.’s Commercial/Investment Division was then able to market and secure buyers for both properties.

. 1143 N. 29th Street, Milwaukee, WI – Juneau Garden Apartments, a three story garden style apartment building with a total of 45 units was sold by Juneau & 29th St. LLC to Juneau Gardens, LLC. Gordon Steimle, John Mazza and Sue Sardina represented the Seller.

. 3700 W. Juniper Court, Milwaukee, WI - Juniper Court Apartments, consisting of five, two-story buildings containing a total of 40 townhouse style apartment units was sold by Juniper Court Apartments, LLC to Juniper Townhomes LLC. Gordon Steimle, John Mazza and Sue Sardina represented the Seller.

July 2, 2007
Commercial Brokerage & Investment Division annouces the following transactions


• 111 Prospect Avenue, Pewaukee, WI – Christ Evangelical Lutheran Church sold its former 12,536 sf building, located on over 1 acre of land to the Oil of Joy Fellowship & Ministries, Inc. Christ Evangelical Lutheran Church had built a new facility in 2006 on Pewaukee Road. Oil of Joy Fellowship & Ministries, Inc., was in need of a larger site, moving from Pilot Drive in Waukesha. James Benz of Ogden & Company, Inc. brokered the transaction.

• 8112 W. Bluemound Road, Wauwatosa, WI – QTI Professional Staffing has renewed their lease for 1,425 rsf of space in the Oaks Building. James Benz and Michael Seramur brokered the transaction.

• 8112 W. Bluemound Road, Wauwatosa, WI – Dr. Robert Dries, Charles Trimberger and Mary Nervig have renewed their lease for 1,119 rsf in the Oaks Building. James Benz and Michael Seramur brokered the transaction.

• 1661 N. Water Street, Milwaukee, WI – Aries Lending LLC leased 1,580 rsf of space in the Northern Lights Building. John Mazza brokered the transaction.

• 1661 N. Street, Milwaukee, WI – Spectrum Healthcare, L.L.C. leased 917 rsf in the Northern Lights building. John Mazza brokered the transaction.


June 19, 2007
Julie Peterson attends CAI Conference

Julie Peterson, ARM®, CMCA, AMS, Director of Property Management at Ogden & Co. recently attended the National CAI (Community Associations Institute) conference in Las Vegas, Nevada. She accepted two achievement awards on behalf of the Wisconsin Chapter; one for Leadership and the other for Membership Services. Julie is the incoming President of the CAI-Wisconsin Chapter.

June 19, 2007
CraftMaster Contractors annouces the following

CraftMaster Contractors has hired Mike Schneble as an estimator and project manager in the Commercial Painting Division. Mr. Schneble brings over 14 years of experience to the position. Craftmaster Contractors offers interior and exterior painting to the commercial, industrial and residential marketplace.

May 16, 2007
Ogden Commercial Brokerage & Investment Division annouces lease transactions

• 3321 S. Business Drive, Sheboygan, WI – Rochelle-LeHigh Group, LLC d/b/a The Barbershop, leased 2,075 square feet of space at the South Towne Mall, bringing the mall’s occupancy to 96% The Barbershop focuses on men’s haircutting and has other locations in Appleton, Darboy, Fond du Lac, Green Bay, Neenah, Oshkosh, and Wausau. Gordon Steimle of Ogden & Company, Inc. represented both the owner and tenant in this transaction.
• 1661 N. Water Street, Milwaukee, WI – Richard Bublitz Photography will be opening “The Water Street” studio in the Northern Lights Building in June, leasing 678 square feet of space. The studio will offer fine portrait photography and artwork ranging from editorial to landscape and cityscape photography. John Mazza represented both the owner and tenant in this transaction.
• 1661 N. Water Street, Milwaukee, WI – Breitenbach Weiss, Inc., a marketing communications firm, has renewed its lease for 2,508 square feet of space in the Northern Lights Building. Breitenbach Weiss handles community relations, media relations, graphic design, special events and advertising throughout the United States. John Mazza represented both the owner and tenant in this transaction.
• 720 North Old World Third Street, Milwaukee, WI – Trend Foods, Inc., has leased 1,576 square feet of space in the Grand Wisconsin Apartment Building. The French influenced deli bistro will be open from 7a.m.to 7p.m. and will feature fresh foods and their own coffee blends. The Grand Wisconsin includes 108 apartments, a fitness center, 8,000 square feet of retail space a beautifully restored historic lobby and conference rooms.

May 2, 2007
Ogden Commercial Brokerage & Investment Division announces

Small Business Times
Symmetry Corp. recently purchased the 119-year-old Adler House Mansion, at 1681 N. Prospect Ave., Milwaukee, from Hartland-based Town Bank for $680,000. Symmetry is a computer consulting business, located at 1201 N. Prospect Ave., which will use the Adler House Mansion for additional office space. "They're bursting at the seams there," said Michael Seramur of Ogden & Company Inc., who represented Town Bank. "(Symmetry) needs more space." The 6,206-square-foot Adler House Mansion has an assessed value of $695,000, according to city records. The building needs $250,000 to $300,000 in renovations, Seramur said. "It needs a considerable amount of work," he said. The building was originally built for Emanuel D. Adler, who ran one of Milwaukee's pioneering clothing manufacturers. Jim Weichmann, owner of Weichmann Enterprises, represented Symmetry in brokering the deal.

May 2, 2007
Ogden Commercial Brokerage & Investment Division announces

• 384-390 E. Bay Street, Milwaukee, WI – Sold by James and Anita Sokolowski to LLJ Properties, LLC. The real estate included four residential rentals and 7,500 sq.ft. of industrial space. The buyer owns and operates Homestyle Custom Upholstery and will be moving their business to the new location this summer. The property was sold by David Nance of Ogden & Company, Inc.

April 26, 2007
Ogden annouces Arizona expansion

Small Business Times
Milwaukee-based Ogden & Company Inc. is expanding its Scottsdale, Ariz. office. The company recently added a designated residential broker and 20 new residential sales agents to the office, said executive vice president Ken Higgs. The broker, Michael Ashley, formerly owned Ashley Fine Properties in Scottsdale. Ashley was hired by Ogden and brought the 20 agents from his company with him to Ogden, Higgs said. Ogden has had an office in Scottsdale for about 3-½ years. When the office was first opened, it focused on property management, but it is now adding more residential brokerage.
"Now we're starting to be a more full-service company like we are in Milwaukee," Higgs said. The Scottsdale office now has 41 employees.
The slowdown in the residential real estate market is a good time to add more employees to be prepared for the next boom, Higgs said.
Not that the Phoenix area is slowing down too much. Phoenix is the fastest-growing metro area in the nation, according to the latest U.S. Census Bureau data.
"Anywhere the sun shines, people are going to move to," Higgs said.
As baby boomers move into retirement, many are moving to the Phoenix area for the warm weather and lower taxes, he said.

April 25, 2007
Ogden Residential Sales-Elm Grove is moving to the Oaks Building in Wauwatosa!

Due to recent growth and expansion of services, Ogden’s Elm Grove residential sales division will be moving to its new location in the Oaks Building on Honey Creek Parkway in Wauwatosa, Wisconsin. The Wauwatosa office will be home to Ogden’s residential sales agents serving the Metro Milwaukee market. “The new office is ideal, especially with it’s easy access to I94.” commented Chuck Adsit, one of the firm’s principals. “The convenient location will help us to better serve our customers with one stop shopping for all home sales and or purchases.” The company’s expansion has also created a unique opportunity for a select number of new sales associates.

April 25, 2007
Ogden Residential Sales annouces new agents

Ogden Residential Sales Division is pleased to announce that the following individuals have joined the Residential Sales team: Jeff Falk, Cheryl Cook and Lena Hennessy.

April 9, 2007
Marjean Pountain remarks on first time renters

"As the rental market has strengthened, there haven't been as many new units on the market to rent," said Marjean Pountain, vice president of Ogden & Co. Inc., a Wisconsin real estate firm. "Rents are more significant, and a bigger piece of first-time renters' income is probably going toward their housing as a result. It is a crunch."
This spring, renters are looking at units with multiple bedrooms and bathrooms to allow them to share the cost with roommates. Many first-timers are flocking toward old buildings that have been renovated yet retain their quirks.
Location, location, location
Location, safety, parking, some utilities included - particularly heat - and the ability to have pets are at the top of the list for first-time renters. And location means downtown Milwaukee.
"They're drawn to downtown," Pountain said. "They like to be where the clubs are, to be able to walk everywhere, they like everything that downtown affords. There's not a lot of rental activity for first timers in the suburbs."
For full article, click here.

April 8, 2007
Chris Howard quoted on first time home buyers

Over half - 56% - of first-time home buyers in Wisconsin are ages 25 to 34, according to the Wisconsin Realtors\' Association\'s 2005 Profile of Home Buyers and Sellers, and they\'re not just about finding a place to sleep. They want the investment.

\"They\'re more savvy,\" said Chris Howard, a real estate broker and owner of the residential real estate division of Ogden & Co. Inc. \"In the past, people were going to be in their first home for 20 years. Younger people know it\'s going to be a short-term investment. They want it in an area where it\'s going to appreciate.\"

They want to buy the right place at the right moment, but they don\'t want to spend all their money to get it.

\"Being only 22, I realize that picking my first house can either make you or break you financially,\" said Kegel, who\'s looking for a house in an older neighborhood that\'s a short bike ride from downtown. \"Houses in Milwaukee tend to need a lot of work before they start appreciating in value. Finding a house that needs work is probably something I can afford.\"

His ability to see beyond cracked ceilings and less than appetizing kitchen wallpaper is a skill that, according to Howard, more of his peers need.

\"Unfortunately for a lot of young, first-time buyers, it\'s difficult for them to envision what a property is going to look like once it\'s fixed up,\" Howard said. \"So they do expect stuff that is newer, more fixed up - they\'re not always going to get it, but they\'re going to look for it.\"

And according to the Wisconsin Realtors\' profile, first-time buyers are looking for it everywhere. About a quarter of first-time buyers surveyed chose to purchase a home in an urban area, compared with 31% in the suburbs and 38% in a small town.

Either way, it\'s what\'s going on around in neighborhoods around the home that really matters to them.

\"First-time buyers are looking in areas where you can walk for entertainment and for retail,\" Howard said. \"You see areas like Bay View, the east side and downtown being attractive for those reasons.\"
For full article, click here.

February 27, 2007
Ogden attends Apartment Tradeshow in Madison

Bev Habhab and Lynn Bagniewski recently represented Ogden & Company, Inc., at the Apartment Association of South Central Wisconsin "Hot Topics" Trade Show & Conference in Madison at the Marriot-Madison West. The event featured numerous exhibitors from the rental industry and was open to the public.

February 21, 2007
Ogden Managing Grand Wisconsin

Historic hotel reopens as upscale apartments
The long-delayed redevelopment of the Hotel Wisconsin into upscale housing has been completed, with the new Grand Wisconsin apartments opening Wednesday in downtown Milwaukee.
The $23 million conversion of the 12-story, 94-year-old building, at 720 N. Old World 3rd St., includes 108 apartments, a fitness center, 8,000 square feet of retail space and restoration of the historic lobby and conference rooms. For complete article click here.

January 18, 2007
Ogden Commercial Brokerage & Investment Division announces

• 320 E. Buffalo Street, Milwaukee, WI. – One Prospect Technologies has leased 2,688 sf of office space in the P.H. Dye House. One Prospect Technologies provides state of the art communications solutions, designing, planning and implementing customized business networks. Potawatomi Business Development Corporation, Parent Corporation of One Prospect Technologies, is also headquartered in the Historic Third Ward building and has leased its space there since February of 2006. The lease transaction was brokered by Michael Seramur, Martin Wagner and Dominic Salvia.

January 11, 2007
Commercial Brokerage & Investment Division announces

• 2345 S. Commerce Drive, New Berlin, WI. - Germanischer Lloyd Industrial Services, USA, LLC has leased 4,148 sq. ft. of space in the New Berlin Industrial Park. Germanischer Lloyd, based in Hamburg, Germany, provides a wide range of high-quality testing, certification and consulting services with a focus on the oil and gas, wind energy, management systems and materials testing sectors. Martin Wagner and Dominic Salvia of Ogden & Company, Inc. represented the Lessor, Lincoln New Berlin Property, LLC.

• 3321 S. Business Drive, Sheboygan, WI. – The National Guard has opened a 2,069 sq.ft. office in the Southtown Mall Shopping Center. Martin Wagner and Dominic Salvia of Ogden & Company, Inc. brokered the transaction.

• 777 E. Wisconsin Avenue, Milwaukee, WI. – Daymon Worldwide has leased approximately 1,380 sq.ft. of office space in the US Bank Center. Daymon Worldwide is an international company which specializes in the sale and marketing of Private Label products for consumers. Daymon works with leading retail, wholesale and food service companies across the U.S. and abroad. Martin Wagner and Dominic Salvia of Ogden & Company, Inc., represented the Lessee.

• 8112 W. Bluemound Road, Wauwatosa, WI. – Fund Development Corporation has expanded their space at the Oaks Building in Wauwatosa to 3,160 sq.ft. Fund Development Corporation is a professional consulting firm that assists community non-profit groups and social service organizations in raising monies through fundraising efforts, charitable giving programs and philanthropic support. Michael Seramur and James Benz of Ogden & Company, Inc., represented the Lessor, 8112 LLC.

October 27, 2006
Ogden Announces New Division!

We are pleased to announce the opening of our newest division, Ogden Construction Group, LLC. This division will focus on commercial design/build and general contracting, serving clients throughout southeastern Wisconsin.

Joel Cook, President and Project Manager of Ogden Construction Group, LLC will head the operation and will be responsible for cost estimating, value engineering, quality control and scheduling. Joel has over 16 years of experience in the construction industry and holds a bachelor’s degree in Architectural Engineering from MSOE.

Michael Cook will serve as Vice President and Director of Field Operations. Michael will be responsible for the day to day client relations, coordination of subcontractors and project schedule maintenance. Michael has worked for over 20 years as an apprenticed carpenter and construction superintendent.

In addition, Lynn Wasielewski was hired as Office Manager and Bookkeeper. Lynn has over 21 years of experience in the construction industry. Most recently, Lynn served as Chief Operations Manager for Math Starck & Sons.

Prior to joining Ogden Construction Group, LLC, the Cook family was with Math Starck & Sons. Their recent team projects include: the Federal Express World Service Center, Cameo Care Campus, Flint Hills Resources, Goodwill Industries, and the Community Learning Center in Glendale. They have also worked directly with Ogden Development Group on a number of projects including: West Village Shopping Center in West Milwaukee, White Coach Condominiums in Thiensville and the upcoming Mill Reserve in downtown Waukesha.

“We are excited to have them on board,” says Peter Ogden, President and Chairman of Ogden & Company, Inc. “The Cooks are well respected and share the Ogden values of doing business with honesty and integrity.”

October 27, 2006
John Mazza joins Commercial Brokerage & Investment Division

John Mazza has recently joined the Commercial Brokerage and Investment Division, as a Commercial Real Estate Broker. Mazza has an extensive background in property management and marketing. Gordon Steimle, Vice President of the Commercial Brokerage and Investment Division at Ogden & Company, Inc., commented, “We look forward to working with John, his enthusiasm and real estate expertise will complement the continued growth of the Division.” Mazza will maintain a select portfolio of commercial properties for the company’s Real Estate Management Division and will focus his efforts on office/retail leasing and investment sales. Mazza joined Ogden in 2000 as an intern and advanced into a key roll in commercial property management. Mazza holds a BS in Business Administration from Marquette University.

October 27, 2006
Commercial Brokerage & Investment Division annouces the following transactions

• Piper Jaffray & Co., has leased 2,590 square feet at 222 East Erie Street, Milwaukee, in a new redevelopment project in the historic Third Ward. The space is being used by Piper Jaffray Public Finance division which works with state and local government bodies on financing solutions for school districts, public infrastructure improvements, TIFS, etc. Piper Jaffray is a client-focused, middle market investment bank and institutional securities firm founded in 1895 and based in Minneapolis, Minnesota. Piper Jaffray & Co., employs approximately 1,000 individuals in 28 offices throughout the U.S. and abroad. Gordon Steimle of Ogden & Company, Inc., represented the Tenant and 222 East Erie’s Landlord, Fulton Property Master Tenant, LLC, was represented by Inland Companies.

• R&R Swan Investments d/b/a Molly Maid of Southern Milwaukee county, has leased 700 sq.ft. of office space at 5307 S. 92nd St., in the Valley View Office Building, Hales Corners. Molly Maid is a network of independently owned and operated home cleaning franchises with locations in 34 states throughout the U.S. and operations in Puerto Rico, England, Canada, Japan and Portugal and was founded in 1979. Dominic Salvia and Martin Wagner brokered the transaction.

• Progressive Image, Inc. has leased an additional 3,082 sq.ft. of space in the New Berlin Industrial Park bringing their total square footage to 23,840 sq.ft. at 2345-2385 S. Commerce Avenue. Progressive Image, Inc., is an authorized component distributor representing over 35 manufacturers. Value added services include: wire harnesses, special and small component assemblies, terminal block assembly, labeling and kit packaging. Dominic Salvia and Martin Wagner brokered the transaction.


• A restaurant located at 10000 W. Capitol Drive, in the city of Milwaukee, formerly known as “Lucky’s”, was sold by Lloyd A. Chopp, Jr. and Lisa J. Chopp to George Papagainis. Roger Duchow of Ogden & Company, Inc.’s Commercial Division brokered the transaction.

October 9, 2006
Ogden Wins Family Friendly Award

Ogden & Company, Inc., was one of 20 Milwaukee-area employers that received the Family Friendly Award from Metroparent Magazine. Employees nominated their company based on its willingness to create a positive working environment, offering such things as flexibility, daycare and assistance in helping employees achieve a better work/life balance. To view the related article click here.

September 28, 2006
CraftMaster Contractors annouces the following

Eddie Miller has been hired by CraftMaster Contractors as the Painting Department Manager. Mr. Miller brings more than 15 years of painting experience allowing CraftMaster Contractors to expand their professional services for interior and exterior painting to the commercial, industrial and residential marketplace.

September 26, 2006
Commercial Brokerage Divison announces the following

• Michael Seramur has leased 15,000 square feet of office and warehouse space at 4702 N. 124th Street, to OSI Environmental Inc. OSI Environmental has been providing environmental services for clients throughout the Midwest since 1988. Headquartered in Eveleth, Minnesota, OSI has locations in Milwaukee, Minneapolis, Chicago, and Green Bay. Services include tank cleaning, spill response, hazardous waste management, transportation, and used oil recycling. Steve Provancher of NAI Mooney-Lesage Group represented the tenant.

• Michael Seramur and James Benz negotiated the lease renewal on 1,254 square feet of office space in the Oaks Professional Building at 8112 W. Bluemound Road, Wauwatosa to Friedle Insurance Agency. Friedle Insurance Agency has been in business since 1973 and provides health, life, auto, home and business insurance products.

• Dominic Salvia and Martin Wagner have leased 2,000 square feet of space at 3948 N. Maryland, Shorewood to McMenamin Irish Dance Academy. McMenamin Irish Dance Academy teaches Irish dance and Irish culture to children ages 4 and up.

• Martin Wagner and Dominic Salvia brokered the sale of 619 S. 70th Street, Milwaukee sold by James and Renee Andersen to MPNC Properties, LLC.

• Roger Duchow, Dwight Kellogg and ReMax of Wausau co-brokered the sale of Lot #3, Harrison Lakes Preserve, Gleason sold by Georgetown Investments, LLC to David J. Frisch and Kathleen Hovland-Frisch.

September 19, 2006
Lynnell Carleton Named Director of Compliance and Affordable Housing

Lynnell Carleton has been named Director of Compliance and Affordable Housing for Ogden & Company, Inc. Lynnell will oversee Ogden’s affordable housing portfolio, including those properties regulated by HUD, WHEDA and the IHDA. She will handle all fiduciary matters for the properties and will administer all compliance requirements associated with the state and federal subsidies.

Lynnell came to Ogden with an extensive background in affordable housing, after working as an Asset Manager for the Wisconsin Housing and Economic Development Authority. She also assisted Franciscan Ministries, Inc. (a holding company for Wheaton Franciscan Services., Inc.) with its acquisition of older Section 8 properties in the Milwaukee and Kenosha area. “With close to 15 years of experience managing subsidized housing for seniors and families, Lynnell was an excellent fit to oversee this division,” says Peter Ogden President of the company.

Her designations include: Certified Occupancy Specialist (COS), Management and Occupancy Review Specialist (MORS) and licensed Realtor.

August 9, 2006
Julie Peterson - IREM Member of the Month

Julie Peterson, ARM®, CMCA®, Director of Condominium Management at Ogden & Company, Inc. AMO® located in Milwaukee, WI began her career in real estate management in 1991. Julie received her Accredited Residential Management (ARM®) designation in 1996, was awarded ARM® of the Year in 1999 & 2000, and earned the Certified Manager of Community Associations (CMCA®) designation in 2006 through the Community Associations Institute.

Julie has an extensive background in managing high end and multi-family apartment condominium and Tax Credit – Section 42 properties. She is instrumental in assisting developers in condominium conversions and new project start-up.

Julie is active in the local Institute of Real Estate Management (IREM®) chapter, serving on the Executive Board of Directors, Real Estate Alliance for Charities Board of Directors and Community Affairs committee chairperson. Julie is also a charter member of the Community Associations Institute (CAI®) Board of Directors serving the needs of condominium and homeowner associations and CAI® Education & Programs committee member.

August 9, 2006
Commercial Brokerage Division annouces the following transactions

~8844 North Port Washington Road, Bayside, WI – Mary M. Christensen d/b/a State Farm Insurance Agency has leased 890 sq.ft. of office space in the Ogden Center which is an 18,195 sq.ft. office retail center located on N. Port Washington Road at Brown Deer Rd. in Bayside. Marvin Hansen of Ogden’s Commercial Division brokered the transaction.

~Lot 8A in the new Lannon Road Business Center located at US Hwy 41 & 45 in Germantown was sold by Frederick and Cheri Carlson to Akash Properties LLC. Roger Duchow of Ogden & Company, Inc. brokered the transaction.

~8112 West Bluemound Road, Wauwatosa, WI – Lakeside Finance Corporation has leased 1,015 square feet of space in the Oaks Professional Building located along Honey Creek Parkway.

June 19, 2006
Commercial Brokerage Division annouces the following lease transactions

~2751 S. Chase Avenue - State Disposal Services, LLC has leased 11,552 sq. ft. of industrail space from Eagle Properties of Wisconsin, LLP. This transaction was brokered by John Avery and James Benz.

~8112 W. Bluemound Road. Granitz Financial Services, LLC has leased 798 sq.ft. of space in the Oaks Professional Building located along Honey Creek Parkway. This transaction was brokered by James Benz and Michael Seramur.

June 9, 2006
Lynnell Carleton named Property Manager of the Month

Congratulations to Lynnell Carleton for being chosen " Property Management Professional of the Month" by Affordable Search.com. Thank you Natasha for nominating Lynnell for such an honorable award. Natasha said Lynnell will often "take the time out of a busy day just to be a listening ear to some residents who have no one else to talk to" and that she is "committed to providing seniors and families with a home they can afford and be proud of". Lynnell obviously takes her job seriously and is entitled to the respect of those who share her goals in this demanding field. Way to go Lynnell!
To view the award, click here.

June 6, 2006
John Avery appointed to Whitefish Bay Architectural Review Commission

John Avery, a member of Ogden's Commercial Brokerage Team, has recently been appointed to the Whitefish Bay Architectural Review Commission. John is a 35 year resident of Whitefish Bay and is an active community member. Mr. Avery has an extensive background in real estate acquisition, development and sales. John has also served as Chief Operating Officer of a major contracting and development firm. His term on the Whitefish Bay Architectural Review Commission will expire in 2009.

June 6, 2006
Commercial Brokerage Division announces the following transactions

•Sunset Fields Shopping Center located at 131-159 East Sunset Drive, Waukesha, WI 53186 was recently sold by Sunset Fields, LLC to Scherf Properties Trust II dated 7/17/92. The shopping center contains approximately 31,000 square feet of space. Tenants include: Car Quest, George Webb, Subway and Community Financial. Roger Duchow of Ogden & Company, Inc. represented the Seller.

•16705 W. Lincoln Avenue, New Berlin, Wisconsin – StorX has leased 97,213 square feet of space in the New Berlin Industrial Park. StorX provides warehousing, drop shipping, inventory management, and related services for national and overseas container shipments. The building is owned by Lincoln New Berlin Property LLC. Martin Wagner and Dominic Salvia of Ogden & Company, Inc. brokered the transaction.

May 21, 2006
Susan Fellows quoted in Milwaukee Journal Sentinel

The Milwaukee Journal Sentinel quoted Susan Fellows in their Sunday Real Estate article "Landlords Regaining Control of Market". An excerpt follows:

"Current renters are going to see rental increases for the first time in a few years," said Susan Fellows, director of multi-family management at Ogden & Co., a rental management firm with about 5,000 units in metro Milwaukee, Appleton and Illinois. "We actually have waiting lists again for some of the apartments."

Fellows said she doubts the high-end apartment market will recover as fast as the middle range because buying a home or a condo is still within reach for higher income renters.

For full article, click here.

April 10, 2006
Learning Shop Adds Location

The Learning Shop to Open Mayfair Road Location

The Learning Shop, an Appleton-based retailer, has purchased a 7,600-square-foot building at 2911 N. Mayfair Road, Wauwatosa, WI. Brothers Tom and Todd Merryfield, owners of The Learning Shop, bought the building in Wauwatosa due to its proximity to the high-traffic Mayfair Mall and to fill a void in serving their customers in the Milwaukee area.

“This will be our fourth store in metro-Milwaukee and will provide us a location from which to serve educators and customers from Wauwatosa and the City of Milwaukee,” said Todd Merryfield. Educators and parents can find all types of products for the classroom at The Learning Shop, as well as creative resource books to engage the most challenging student from K5 to 8th grade. Families will also find a vast array of educational toys, family games and specialty gifts for babies, children and teens.

The Learning Shop was founded by the Merryfields’ parents in Appleton, Wisconsin in 1979. The first Milwaukee stores opened in 1997 when the family acquired the Teacher’s Pet chain. For more information about the products available or to order on-line, go to www.learningshop.com

The Mayfair Road building, formerly an insurance office, will be completely remodeled for retail use. Both the building’s interior and exterior will be renovated to more closely match other Learning Shop locations. The new store is expected to open in the third quarter this year. The Learning Shop has locations at The Riverpoint Village Shopping Center in Fox Point, Southridge Plaza on South 76th Street in Greendale and on West Bluemound Road in Brookfield. The Learning Shop also has locations in Appleton and Madison,Wisconsin.

Gordon Steimle of Ogden & Company, Inc. represented The Learning Shop. The building sellers were represented by Michael Fardy and Steve Pape of Inland Company.

April 10, 2006
Lease Transactions

Milwaukee - Ogden & Company, Inc. is pleased to announce the following lease transactions handled by the Commercial Brokerage Division:
• 9415 W. Forest Home, Hales Corners in the Eisner Professional Building :
- Wayne Jay Agency – American Family Insurance has leased 545 square feet of office space. Marvin Hansen brokered the transaction.

- Acme Image Works, LLC has leased 1,108 square feet of office space. Marvin Hansen
brokered the transaction.

• 5307 S. 92nd Street, Hales Corners in the Valley View Professional Building:

- Dr. Michael L. Kotkin has leased 552 square feet of office space. Marvin Hansen brokered the transaction.

• 21122 Omega Circle, Town of Norway:

- Loch-Lagina Motor Sports LLC has leased 1,920 square feet of space. John Avery brokered the transaction.

- Advanced Landscape Lawn & Snow, Inc. leased 3,840 square feet of space. John Avery brokered the transaction.

April 10, 2006
Sales & Lease Transactions

Milwaukee - Ogden & Company, Inc. is pleased to announce the following sale/lease transaction handled by the Commercial Brokerage Division:

• 2911 N. Mayfair Road, Wauwatosa, Wisconsin.

- The Learning Shop purchased this 7,600 square foot building for their fourth Milwaukee area store. Gordon Steimle, CSM represented the buyers in the transaction.

• P.H. Dye House, 325 E. Buffalo Street.

- Potawatomi Business Development Corporation has leased 3,213 of office space in the historic third ward. Michael Seramur and R. Martin Wagner brokered the transaction.

• 10555 N. Port Washington Road, Mequon in the Belmar Office Building:

- Invest-Sure Wealth Management, Inc. has leased 1,215 square feet of space. Michael Seramur brokered the transaction.

• N27 W23713 E. Paul Road, Pewaukee in the Charter Oaks Building:

- Velcheck & Finger Roof Consulting and Service, Inc., has leased 6,000 square feet of space. The partners David Velcheck, formerly of Inspec and Patrick Finger formerly with Langer Roofing have over 40 years of combined roof consulting and service experience. Gordon Steimle, CSM represented the Lessee.

March 19, 2006
Susan Fellows quoted in Heartland Real Estate Business



Heartland Real Estate Business, a national monthly real estate journal recently interviewed Susan Fellows, Director of Multifamily Management at Ogden, for their March 2006 article concerning the Milwaukee multifamily market. An excerpt follows:

The Milwaukee multifamily market is getting exciting again, with renters shopping for services and amenities instead of just rental specials. Properties have once again been able to budget a rental increase, and high-end units are again seeing traffic. “For the past 4 years, we had been running our properties by just maintaining,” says Susan Fellows, director of multifamily management at Milwaukee-based Ogden & Company. “Expenses were going up, but not income. The market was weak and competition was fierce. [But since] mid-January, properties have seen traffic as if it was June. [Prospective renters are asking] ‘What does your community have to offer?' rather than ‘What are the specials?'”

For full article, click here.

February 24, 2006
Market Square in LaCrosse managed by Ogden's Property Management Division



MARKET SQUARE APARTMENTS IN LACROSSE REQUIRES COSTLY REPAIRS

By JOAN KENT | La Crosse Tribune

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It will cost between $2 million and $3 million to repair the River Center apartments atop Market Square Ramp, officials said.

All the windows and bricks on the exterior of the building, which opened in 1999 on Fourth Street in downtown La Crosse, must be replaced, at a preliminary estimated cost of between $1.8 million and $2.6 million, said Alita Burish, property manager for Peter Ogden of Milwaukee.

In addition, she said, the roof must be replaced at a cost of about $250,000, according to initial bids and a report done for the complex’s receiver.

A Buffalo County Circuit Court judge appointed Ogden as receiver last August after the trustee filed to place River Center Plaza and Apartments in foreclosure.

Ogden installed scaffolding and canopies over the sidewalks on the Jay and King streets sides of the building to protect passersby from the bricks, which were falling off the building.

Inspec of Chicago, Milwaukee and Minneapolis inspected the property and offered four options for replacing the facade, Burish said.

“It’s a given that the facade must be replaced,” Burish said. “The bricks are not holding because of improper installation.”

The facade is made of thin bricks, though Burish said the architect’s design called for conventional bricks.

It is not feasible to repair portions of the facade because it’s not possible to know where the adhesive is failing without removing the bricks, she said.

Inspec’s report found the structure of the apartment building is sound, she said. But the report says the roof, all the windows and the facade need replacement. The roof does not have a water vapor shield, and the windows do not have lintels or flashing, which has resulted in leaking, Burish said.

The four options for replacing the brick facade are:


Install a material of foam with a finish coat that has a stucco appearance. This is the least expensive, but it does not work well in cold climates and is less attractive, said Burish.


Install the stucco-appearing material in pre-cast panels. Interior walls would have to be torn down, Burish said, and all the apartments are occupied.


Use the same thin brick system that is being removed, but properly install it.


Use regular bricks, the most expensive option.

Ogden plans to have up to four other firms review the building to ensure the report is correct, Burish said. That will probably take until about the middle of next month. Then, she said, officials from the bank and receiver will decide what to do and set a timetable.

Meanwhile, the clock is ticking on the lawsuit filed against Market Square Housing LLC, the developer of the apartments and retail space at the ramp. U.S. Bank N.A., acting as trustee for the certificate holders of J.P. Morgan Commercial Mortgage pass-through certificates, filed for foreclosure last August. U.S. Bank became the trustee after acquiring State Street Bank and Trust Co., the original trustee for the loan. A judgment of foreclosure was issued Jan. 9.

The local U.S. Bank has no involvement in the matter.

The developer has six months from the judgment to pay off the loan and take the property out of foreclosure, said Mary Turke, attorney for Michael Best & Friedrich law firm, which is representing U.S. Bank N.A. If the developer does not pay off the loan, she said, the property will go to a foreclosure sale.

According to court documents, the developer defaulted on the loan and owes a total of more than $5 million, including almost $4 million of unpaid principal.

On Nov. 10, Michael Best & Friedrich made a claim against the city, contending La Crosse did not ensure that the apartments were constructed according to city codes and ordinances. City Attorney Pat Houlihan said the city has 120 days to answer the claim, and then U.S. Bank N.A. has six months during which to file a lawsuit if the city denies the claim.

Joan Kent can be reached at (608) 791-8221 or jkent@lacrossetribune.com.

February 1, 2006
U.S. Title purchases office building in Wauwatosa

US Title, one of the area's fastest-growing title insurance agencies, purchased a 32,000 square-foot office building at 8112 W. Bluemound Road, Wauwatosa, WI. Attorney William M. Judge and Ron Kaminsky, principal owners of US Title, will be relocating their Glendale offices to Wauwatosa for the more centralized metro-Milwaukee location. "This office building will provide us a location from which to better serve our growing number of clients and a more efficient office layout," said Kaminsky. US Title was founded by Judge and Kaminsky in 1998 for the sole purpose of servicing the commercial, residential and development community.

The top level of the building will be completely remodeled for US Title. Other building improvements are planned which will benefit the existing tenants in the building. The property was sold by One Call Concepts of Hanover, Maryland. Brokers, Gordon Steimle, Mike Seramur & Jim Benz of Ogden & Company, Inc. represented both the buyer and the seller in the transaction. Ogden & Company, Inc. has also been hired to manage and lease the building.

January 17, 2006
Commercial Brokerage Division annouces the following lease transactions

• Play it Again Sports leased 4,267 sq.ft. at the Southtown Mall, Sheboygan, brokered by Roger Duchow.

• Progressive Image, Inc. leased 16,000 sq.ft. of space at 2385 Commerce Drive in New Berlin, Wisconsin, brokered by Martin Wagner and Dominic Salvia.

• Watertech of America, Inc., leased 3,264 sq.ft. of space at 9415 W. Forest Home Avenue in Hales Corners, Wisconsin, brokered by Marvin Hansen.

• Barsamian Rug Company leased 2,000 sq.ft. of space at 11031 North Port Washington Road in Mequon, Wisconsin, brokered by Marvin Hansen.

January 17, 2006
Commercial Brokerage Division annouces the following sales transactions

Commercial Brokerage Division announces the following sales transactions:

• Restaurant located at 9909 W. Appleton Avenue in Milwaukee, WI, brokered by Roger Duchow, CCIM.

• Industrial complex located at 1308 and 1320 18th Street in Racine, WI, brokered by David Nance and Martin Wagner.

• Approximately 8.6 acres of land for development located at 425-435 Thompson Rd. in Sun Prairie, WI, brokered by David Nance and Michael Seramur.

December 27, 2005
Ogden managing River Center Plaza and Apartments in La Crosse

In August, Buffalo County Circuit Judge Judge James Duvall placed the River Center Plaza and Apartments in receivership and named Ogden & Co. Inc. of Milwaukee as receiver. Ogden has paid back taxes, sewer and water bills, and bills for secure parking at the Market Square Ramp owed by the developer.

In July and August, the city’s Inspection Department issued several orders to repair the apartments, and Duvall ordered Ogden to use rent income to first repair any safety hazards at the property.

Ogden installed scaffolding over the sidewalks on the Jay Street and King Street sides of the apartments to protect passersby from falling brick, said John Unnasch, Ogden’s site manager at the apartments. He said Ogden has done major roof repairs and repaired the heating system.

“We are proud of what we have done here,” Unnasch said, reporting that Ogden has increased occupancy from 85 percent to 98 percent expected by the end of January. “Our goal was to improve the quality of living. We have gone into each apartment. We are seeing the light at the end of the tunnel.”

Ogden is in phase one of repairing the building, finding out what’s wrong and what will work to fix it, said property manager Alita Burish. The roof has been temporarily repaired to eliminate leaks but must be replaced, but she said. She said Ogden has replaced furnaces and dealt with plumbing issues.

“There was a lot of deferred maintenance,” she said.

For full article, click here.

November 29, 2005
Ogden members attend IREM event

La Crosse Realtor named president of IREM
Originally published 2005-11-29 00:00:00
Fredrick Prassas of Real Estate Management Concepts Ltd. in La Crosse has been elected president of the Institute of Real Estate Management (IREM). An affiliate of the National Association of Realtors, IREM has 82 U.S. chapters, eight international chapters, and several other partnerships around the world. IREM is an international organization that serves as an advocate on issues affecting the real estate management industry. Prassas holds the IREM Certified Property Manager (CPM) designation. He is a former president of the Wisconsin Realtors Association. He has served on a variety of industry and governmental committees and task forces, including the Ad Hoc Committee on Residential Rental Practices of the Wisconsin Department of Agriculture Trade and Consumer Protection, former Wisconsin Gov. Tommy Thompson's Conference on Small Business Advisory Committee, the Board of Trustees for the University of Wisconsin's Center for Urban Land Economics Research and the Wisconsin Real Estate Board. Prassas is a member of both the Milwaukee and Madison chapters of IREM. The Milwaukee chapter recently named its leadership team for 2006. Angela Fullerton, a vice president with MLG Management LLC in Brookfield, was elected to a second term as president of the Milwaukee chapter. Other officers for the association include: Kristin Layeux of U.S. Bank Corporate Real Estate, president-elect; Ray Balfanz of Steiner Group, vice president; Margaret Wendelburg of Polacheck Property Management, secretary and treasurer; and Marjean Pountain of Ogden Co., immediate past president. Newly elected members of the IREM Milwaukee executive council are: Maleta Brown of Towne Realty; Mary Waltersdorf of Fiduciary Real Estate Development; and Victoria Safford of RE Management. Returning council members are: Julie Peterson and Wayne Grabowska, both from Ogden Co.; Judy Leiterman and Joseph Thomae, both from Astar Capital Management; and Bill Dwyer of Premier Real Estate.

November 28, 2005
Third Ward condo market booming

City officials and members of the RivRen LLC development team break ground on the 80 unit River Renaissance condo in Milwaukee's Third Ward. Partners in the development are Scott Burns, an attorney with the Third Ward's Halling & Cayo SC, Bob Schultz of New Berlin's 35rd Coast Design Concepts, Peter Ogden of Ogden & Company, Inc., and Steven Stewart of Milwuakee-based Investors Equity LLC. Ogden is handling the retail leasing and residential condoominium sales. The building is going up on the Third Ward's last riverside property with southern exposure.

November 21, 2005
PH Dye House

Ogden & Company, Inc., has been hired by the Gardner Group, LLC, to market space in the PH Dye House at 320 East Buffalo Street in Milwaukee's Historic Third Ward. Renovations of the 180,000-square-foot eight story building are underway which will include retail, office, residential, and commercial space.

September 22, 2005
Jim Katz, in his memory

It is with sympathy to the family of Jim Katz that we sadly, but proudly announce that prior to his death Jim made arrangements for Ogden & Company, Inc. to assume the management responsibilities of his long time professional service real estate management company. Ogden is now servicing all 450+ units formerly overseen by Jim, and his staff and site personnel have all joined Ogden's team.
Marjean Pountain, CPM, Vice President and Director of Ogden's Real Estate Management Division reports that Jim Katz was a colleague whose professionalism was superb and will be missed in the industry. Peter Ogden and our staff are all very proud that Jim chose us to carry forward with continuity the legacy of professional property management service to the premier residential buildings throughout southeastern Wisconsin that Jim serviced for many years.

September 12, 2005
Angelo acquires Van Buren property

Ogden & Company, Inc. is pleased to announce the following sale transaction handled by Michael Seramur of the Ogden Commercial Brokerage Division:

• Sale of the property at 1686-1688 North Van Buren Street consisting of four apartments and ANGELO’s Piano Bar. The property was sold to Angelo Martellano.

September 2, 2005
Mueller Communications to occupy 1749 North Prospect Avenue

Ogden & Company, Inc. is pleased to announce the following sale transaction brokered by Michael Seramur of the Ogden Commercial Brokerage Division:

• Office Building located at 1749 North Prospect Avenue, Milwaukee had been the home of Cunningham & Lyons, S.C. and will become the future corporate office of Mueller Communications.

This historic structure was originally built in 1875 for William H. Bradley, a partner in Bradley Brothers which was to become on of the city’s largest lumberyards.

September 1, 2005
August 2005 commercial transactions

Ogden & Company, Inc. is pleased to announce the following sale transactions handled by the Ogden Commercial Brokerage Division:

• Approximately 3 acres of Vacant Land at 8396 Hillside Drive, Delafield, Wisconsin sold by Austin Real Estate Company, LLC to Horizon Development Group, Inc., brokered by Roger Duchow.

• Light Industrial Property at 12585 Knoll Road, Elm Grove, Wisconsin sold by West State Street LLC to Matthew D. Strong, brokered by Dominic Salvia of Ogden and Al Johnson of IndusComm.

• Industrial Property at 1711-1713 West Pierce Street, Milwaukee sold by the Estate of Stephan J. Pemper to Michael J. Fleisch, brokered by John Avery of Ogden & and John Terry Mulcahy of Shorewest.

August 25, 2005
Susan Fellows joins Ogden

Ogden and Company, Inc., Inc. is pleased to announce that Susan Fellows has joined Ogden as the Director if its Multi Family Housing Management Division. Susan has over 15 years of management experience, and a track record of improving performance in the most challenging of situations. "With the growth of Ogden's portolio during challenging market conditions Susan has brought a wealth of new ideas and enthusiasm to the property management division at Ogden.

August 19, 2005
SER-Jobs for Progress, Inc.

Ogden & Company, Inc. is pleased to announce that SER-Jobs for Progress Inc. has leased 16,000 square feet in a new facility at 1644 South 9th Street. The facility is owned by United Migrant Opportunity Services (UMOS).

Milwaukee SER-Jobs for Progress is a community based organization that creates and promotes programs in the fields of education, training, employment business, and economic opportunities resulting in the development and utilization of the state’s human resources.

Leasing and listing brokers for Ogden & Company, Inc. were John Avery, Jim Benz, Marty Wagner.

Ogden & Company, Inc. which celebrated its 75th anniversary last year, is a Milwaukee-based multi-faceted real estate company with commercial, residential, property management, facilities maintenance, and real estate development divisions. Ogden & Company, Inc. has offices in Milwaukee, Elm Grove, and Phoenix Arizona.

August 5, 2005
Property Management Division - Lynn Bagniewski, is New Business Director

Lynn Bagniewski has joined Ogden and Company, Inc., as their New Business Director. "Lynn's roll is to investigate new business opportunity within the business community" states Marjean Pountain, A Vice President and Executive Director of Ogden's Real Estate Management Division. Lynn Baganiewski has a strong sales and marketing background, and will be following up on new business inquiries and opportunities.

February 11, 2005
Gordon Steimle joins Ogden

Ogden & Company, Inc. is pleased to announce that Gordon Steimle has recently joined the staff as the Vice President of Commercial Brokerage. Steimle has 20 years of experience in the commercial real estate industry, and most recently served as a Vice President at Polacheck Property Management Corp. Steimle has managed millions of square feet of retail, commercial, and industrial property throughout Southeastern Wisconsin. Before joining Polacheck, Steimle managed regional shopping malls for The Richard Jacobs Group in Wisconsin, Michigan and Ohio. In his new position at Ogden, Steimle will direct 10 commercial brokers servicing the leasing, brokerage and real estate investment community. Peter Ogden, President of Ogden & Company, Inc. commented "Gordon adds a creative, fresh approach to our company and we look forward to his contributions to the continued growth and expansion of services at Ogden". Steimle is a graduate of the University of Wisconsin-Milwaukee, and earned his Certified Shopping Center Manager (CSM) designation from the International Council of Shopping Centers (ICSC) in 1989. He is a board member of the West North Avenue Business Improvement District, and serves as the marketing committee chairperson for the St. Sebastian School Foundation. Ogden & Company, Inc. which is celebrating its 75th anniversary this year, is a Milwaukee-based multi-faceted real estate company with commercial, residential, property management, facilities maintenance, and real estate development divisions. Ogden & Company, Inc. has offices in Milwaukee, Elm Grove, and Phoenix Arizona.

February 4, 2005
Ogden Homes; A Division of Ogden and Company, Inc.

At the end of 2004, Ogden Homes became the newest division of Ogden & Company, Inc.

Ogden Homes was developed to focus on the construction of high-quality custom homes on vacant home sites either as spec homes or as a builder hired direct by private lot owners to build their custom home.

Christian Thompson and Boro Sucevic, in conjunction with their experienced crews and sub-contractors, will head-up Ogden Homes as the Developers/General Contractors and Project Managers. Together, they bring quality expertise and master craftsmanship for this new home construction division.

Already well underway is their first project – a spec home in the Town of Delafield at N4 W30628 Maple Path. This is a 3,200 square foot, 4-bedroom/2.5 sits on a 1/3 acre lot with 29-acres of shared land with only 4 other homeowners. It features 4 bdrms, 2.5 baths, a master bedroom suite, great room with cathedral ceilings all custom maple cabinetry, trim & crown molding, Granite® & Corian® tops, natural fireplace, wood garage doors and many more amenities for $697,000. This home is just about completed and is definitely worth seeing! This high-end home is a notable start for this new division of Ogden & Company, Inc. and is just the beginning as Ogden Homes just acquired six more home sites in Farmington, WI and more home building will begin soon!

For more information on the home in Delafield or the home sites in Farmington, please contact Chris or Boro at 414-931-8990 or the Listing Agent, Shelly Thompson at 414-270-6375.

November 12, 2004
IREM Participation important to Ogden

On November 11, 2004, Three Ogden and Company, Inc., AMO Milwaukee Property Management Division associates were sworn in to positions on the Milwaukee IREM Chapter 13 Board of Directors.

Wayne Grabowska, ARM is the ARM (Accredited Residential Manager) representative on the Board.

Julie Peterson, ARM is a Board member, Community Outreach Committee member and REACH representative.

Marjean Pountain, CPM, as past President is a Board member now representing the AMO (Accredited Management Organization), is on the IREM National Governing Council and is a member of two national education committees.

The Institute of Real Estate Management (IREM) provides educational learning opportunities that Ogden employees and associates are encouraged to avail themselves. Ask Wayne, Julie, Marjean, or Alita Burish who also is active in IREM if you are interested in more information.

September 17, 2004
White Coach Condominiums

Stemmeler site condos begin to take shape

By Ed Zagorski
News Graphic Staff

Thiensville – Passers-by on Main Street will likely see construction crews working in a 28-unit condo development for the vacant site of the old Stemmeler’s White Coach Inn.
“We went ahead with the project believing there is a market for housing in Thiensville, and there is,” said Tom Neubauer of Ogden Development Group Inc. in Milwaukee. “We wanted to build something for those who grew up in Thiensville and want to stay in Thiensville. That stuck with us in our planning.”
Neubauer said the parcel of land was purchased by John Ogden in 1997; after the Stemmeler’s White Coach Inn was razed, the Ogden Group wanted to develop an area of retail similar to Door County, but Neubauer said the plan didn’t receive the support needed by area retailers to keep it afloat.
“So we approached Thiensville officials with our idea of constructing additional housing in the village and they supported it as long as our project conformed with the Town Center plan,” Neubauer said. “We already had the site so we were basically the first ones out of the box for devising a plan for additional housing.”
The Town Center Plan between Mequon and Thiensville is a long-term venture to join both communities in a fusion of redevelopment along old Highway 57.
And Neubauer said the condo development fits well with the Town Center’s plans.
“They do not look institutional by any means and are very attractive,” he said. “They won’t subtract anything from Thiensville’s beauty and small town charm.”
The two buildings, one with 12 units and the other with 16, comprise the White Coach Condominiums set for 213 S. Main St: Both buildings have above-ground parking with each having 24 private parking spaces and 21 unassigned/guest spaces. The project is set on 68,670 square feet or 1½ acres.
Neubauer said the units will have two bedrooms and two baths along with a laundry area. They will also have their own terrace. He said the estimated cost for one of the units is slightly above $200,000.
He said construction for the two buildings began in early August with a possible completion date of spring 2005.

April 16, 2004
Craftmaster member escorts soccer tour

Boro Sucevic, of CraftMaster Contractors has returned from a two-week trip to England. Boro escorted 41 people through The Leeds United, Liverpool, Manchester United, and the Bolton Football Clubs.
The tour group were members of the Elm Grove and Brookfield Soccer Clubs, and the goal of the trip was to promote CraftMaster Contractors and the divisions of Ogden & Company, Inc. Participants enjoyed youth games in York, Colton, Liverpool, and Leeds.
If you’d like more info on the trip, contact Boro at 414-931-8990.

February 15, 2004
River Renaissance

Ogden & Company, Inc.'s Condominium division is pleased to announce the marketing of the River Renaissance, 72 luxury units located in the historic third ward. Developed by River Renaissance, LLC and built by Voss Jorgensen Schueller Co, these units boasts two to three spacious bedrooms and one to two and a half bathrooms. These units exude opulence throughout, featuring an abundance of Italian marble, granite countertops and rich hardwood floors.River Renaissance will also feature an array of eateries, as well as other retail outlets located at street level. For more information, visit our sales center located at 1665 N. Water St. or call (262) 780-3464.

February 1, 2004
School Contract awarded to Craftmaster Contractors

CraftMaster Contractors, Ogden & Company's construction and maintenance division, has secured a maintenance contract with the North Fond du Lac School District. CraftMaster's services are a perfect fit for school districts, governmental entities and businesses that may be looking to outsource maintenance and construction. Contact Jan Ruggles at CraftMaster at (414) 931-8990.


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