Rick Wiegand, owner of the Ambassador Hotel in Milwaukee, has entered into a six-month option to purchase on two of three structures in Milwaukee County's City Campus complex.
Milwaukee County officials want their government offices out of the crumbling City Campus complex by the end of the year no matter what happens to the property afterward.
The relatively paltry enrollment numbers in higher-education real estate courses have raised warnings that the recession is not done kicking the commercial market.
Milwaukee County supervisors voted to establish a reporting process for a team created to implement the results of a study aimed at reducing the county’s real estate holdings.