milwaukee new construction & proposed multifamily projects...property units 9 bevy, the 175 16...

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Milwaukee New Construction & Proposed Multifamily Projects 4Q19 a Berkshire Hathaway and Jefferies Financial Group company ID PROPERTY UNITS 9 Bevy, The 175 16 Rincón 225 84 21 Westlawn Reinassance III 94 22 Foxtown 96 24 Good Hope Commons 65 Total Under Construction 514 31 8717 N 43rd Street 137 37 Gehl Company HQ Redevelopment 110 38 Harbor Campus Phase II 66 39 Prairie's Edge 156 40 State Trunk Highway 69 Total Planned 538 72 Bayshore Town Center 100 75 Sherman Gardens Renovation 80 76 Westlawn Renaissance V 141 77 Good Hope Road 89 78 OneNorth 280 101 Creekwood Residences 128 102 Tamarack Springs 170 103 BlackStone Creek Golf Club 250 104 Farm, The 240 105 Franklin Street & North Main Street 99 106 Jackson NW Business Park Expansion 80 107 Cedarburg Senior 192 108 Hawthorne Square 98 128 Lisbon Town Center 308 129 Mammoth Springs Lofts 60 135 Glendale Commons 55 Total Prospective 2,370 Source: Yardi Matrix 2 mi Lease-Up Under Construction Planned Prospective LEGEND

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Page 1: Milwaukee New Construction & Proposed Multifamily Projects...PROPERTY UNITS 9 Bevy, The 175 16 Rincón 225 84 21 Westlawn Reinassance III 94 22 Foxtown 96 24 Good Hope Commons 65 Total

Milwaukee New Construction & Proposed Multifamily Projects 4Q19

a Berkshire Hathaway and Jefferies Financial Group company

ID PROPERTY UNITS9 Bevy, The 175

16 Rincón 225 84

21 Westlawn Reinassance III 94

22 Foxtown 96

24 Good Hope Commons 65

Total Under Construction 514

31 8717 N 43rd Street 137

37 Gehl Company HQ Redevelopment 110

38 Harbor Campus Phase II 66

39 Prairie's Edge 156

40 State Trunk Highway 69

Total Planned 538

72 Bayshore Town Center 100

75 Sherman Gardens Renovation 80

76 Westlawn Renaissance V 141

77 Good Hope Road 89

78 OneNorth 280

101 Creekwood Residences 128

102 Tamarack Springs 170

103 BlackStone Creek Golf Club 250104 Farm, The 240

105 Franklin Street & North Main Street 99

106 Jackson NW Business Park Expansion 80

107 Cedarburg Senior 192

108 Hawthorne Square 98

128 Lisbon Town Center 308

129 Mammoth Springs Lofts 60

135 Glendale Commons 55

Total Prospective 2,370Source: Yardi Matrix2 mi

Lease-Up Under Construction Planned ProspectiveLEGEND

Page 2: Milwaukee New Construction & Proposed Multifamily Projects...PROPERTY UNITS 9 Bevy, The 175 16 Rincón 225 84 21 Westlawn Reinassance III 94 22 Foxtown 96 24 Good Hope Commons 65 Total

Milwaukee New Construction & Proposed Multifamily Projects 4Q19

a Berkshire Hathaway and Jefferies Financial Group company

Source: Yardi Matrix1 mi

ID PROPERTY UNITS45 Fox Run Shopping Center Mixed

Use Redevlopment 72

Total Planned 72

121 Harris Highland Drive & West St Paul Avenue 100

122 Mill Reserve 122

123 Reserve of Waukesha, The 186

124 Townhomes - City of Waukesha 66

125 Fox River Preserve Phase III 50

126 Lake Country Commons, The 410

127 West Wisconsin Avenue Mixed-Use 100

130 Campus Drive & State Highway 83 150131 Olympia Resort Redevelopment 110

132 Pabst Farms 315

133 Preserve at Prairie Creek Phase IV, The 50

Total Prospective 1,659

Lease-Up Under Construction Planned ProspectiveLEGEND

Page 3: Milwaukee New Construction & Proposed Multifamily Projects...PROPERTY UNITS 9 Bevy, The 175 16 Rincón 225 84 21 Westlawn Reinassance III 94 22 Foxtown 96 24 Good Hope Commons 65 Total

Milwaukee New Construction & Proposed Multifamily Projects 4Q19

a Berkshire Hathaway and Jefferies Financial Group company

ID PROPERTY UNITS3 West Living, The 177

5 Element 84 203

Total Lease Up 380

13 Linx Club, The 196

19 Artisan at Georgetown Square, The 99

Total Under Construction 295

33 Crescent 10234 Synergy at the Mayfair

Collection Phase II 700

49 Community Within The Corridor, The 190

Total Planned 992

86 6771 West National Avenue 50

87 Allis Chalmer Site 140

88 Burleigh Street 72

89 Elms at Rivers Bend 100

90 Harwood Avenue 54

98 Springs at New Berlin 228

99 Elm Grove 186

100 Elm Grove Heights 75137 37th Street Elementary School

Redevelopment 60

139 Perlick Historic Lofts 72

Total Prospective 1,037 Source: Yardi Matrix2000 ft

Lease-Up Under Construction Planned ProspectiveLEGEND

Page 4: Milwaukee New Construction & Proposed Multifamily Projects...PROPERTY UNITS 9 Bevy, The 175 16 Rincón 225 84 21 Westlawn Reinassance III 94 22 Foxtown 96 24 Good Hope Commons 65 Total

Milwaukee New Construction & Proposed Multifamily Projects 4Q19

a Berkshire Hathaway and Jefferies Financial Group company

ID PROPERTY UNITS4 Maxwell, The 116

8 River Place Lofts Phase II and III 67

Total Lease Up 183

11 Malt House 118

15 Yards, The 87

20 Historic Third Ward 60

Total Under Construction 265

25 1659 77

26 Goll House Tower 192

27 Barclay, The 115

28 River Place Lofts Phase IV 50

29 Hills, The 97

30 1127-1135 South Chavez E Drive 51

46 Greenwich Park Phase II 50

47 Couture, The 31248 Teweles Seed Tower Redevelopment 115

Total Planned 1,059

50 Ascent, The 201

51 Convent Hill 350

52 Edison Street 7253 Milwaukee and Knapp -

Residential 350

54 Paul Weise Furniture Redevelopment 50

55 Ravine Park 200

56 River Pointe 87

57 Street Car Flats 73

58 Portfolio 176

59 100 South 2nd Street 50

60 234 South Water Street 133

61 538 East Erie Street 100

62 Bradley Center Phase II 200

63 Bradley Center Phase III 398

64 Courteen Seed Building 90

65 eMbarKE 200

66 First Street Statement Project 94

67 Harbor Yards 150Source: Yardi Matrix1000 ft

68 Henry S. Reuss Federal Plaza Renovation 100

69 North Water Street 265

70 Wisconsin Cold Storage Site 16471 Schlitz Park 140

136 Thirteen31 89134 East Odgen Avenue & North

Milwaukee Street 350

138 Phillis Wheatley Elementary School Redevelopment 82

Total Prospective 4,164

Lease-Up Under Construction Planned ProspectiveLEGEND

Page 5: Milwaukee New Construction & Proposed Multifamily Projects...PROPERTY UNITS 9 Bevy, The 175 16 Rincón 225 84 21 Westlawn Reinassance III 94 22 Foxtown 96 24 Good Hope Commons 65 Total

Milwaukee New Construction & Proposed Multifamily Projects 4Q19

a Berkshire Hathaway and Jefferies Financial Group company

ID PROPERTY UNITS1 Seasons at Orchard Hills 225

6 Mariner, The 221

Total Lease Up 446

10 Velo Village 265

12 R1VER 95

18 Kinetik 144

Total Under Construction 504

32 Garden, The 60

35 Emerald Row Phase II 242

36 Tess Corners Elementary School Redevelopment 122

Total Planned 424

73 Kinnichinnic Avenue 220

74 1958 South 1st Street 200

79 Lake Drive 236

80 Mariner Phase II, The 105

81 Mariner Phase III, The 105

82 Oak Creek 100

83 Greenfield 250

84 Grove, The 96

85 Woods - A Brightlife Community, The 174

91 Emerald Row Phase III 250

92 HUB13 340

93 Oaks at 8100, The 294

94 Station 441 192

95 Woodlands Edge at Franklin Senior 66

96 Glen at Muskego Lakes 126

97 Janesville Road 88

Total Prospective 2,842 Source: Yardi Matrix1 mi

Lease-Up Under Construction Planned ProspectiveLEGEND

Page 6: Milwaukee New Construction & Proposed Multifamily Projects...PROPERTY UNITS 9 Bevy, The 175 16 Rincón 225 84 21 Westlawn Reinassance III 94 22 Foxtown 96 24 Good Hope Commons 65 Total

Milwaukee New Construction & Proposed Multifamily Projects 4Q19

a Berkshire Hathaway and Jefferies Financial Group company

ID PROPERTY UNITS2 Southwind Prairie Apartment

Homes Phase VII 132

Total Lease Up 132

17 Brass Works 73

Total Under Construction 73

116 Copper Circle 90117 Hillmoor Golf Course

Redevelopment 100

118 I-43 174

119 Lake Lofts 95

120 Maple Centre 675

Total Prospective 1,134 Source: Yardi Matrix2 mi

Lease-Up Under Construction Planned ProspectiveLEGEND

Page 7: Milwaukee New Construction & Proposed Multifamily Projects...PROPERTY UNITS 9 Bevy, The 175 16 Rincón 225 84 21 Westlawn Reinassance III 94 22 Foxtown 96 24 Good Hope Commons 65 Total

Milwaukee New Construction & Proposed Multifamily Projects 4Q19

a Berkshire Hathaway and Jefferies Financial Group company

ID PROPERTY UNITS7 Granary Townhomes, The 73

Total Lease Up 73

14 Gold Medal Lofts 73

23 Tannery at Edge of the River 77

Total Under Construction 150

41 401 Wisconsin Avenue 52

42 Harborside 242

43 Machinery Row 150

44 Residences at Dunham Grove, The 120

Total Planned 564

109 Canopy Hills 240

110 Fancher Road 80

111 Korndoerfer 440

112 Mount Pleasant 60

113 Parkview Gardens Phase II 73

114 Racine 190

115 Villages, The 269

140 1520 Clark Street 112

141 Horlick 90

Total Prospective 1,554 Source: Yardi Matrix1 mi

Lease-Up Under Construction Planned ProspectiveLEGEND

Page 8: Milwaukee New Construction & Proposed Multifamily Projects...PROPERTY UNITS 9 Bevy, The 175 16 Rincón 225 84 21 Westlawn Reinassance III 94 22 Foxtown 96 24 Good Hope Commons 65 Total

Milwaukee New Construction and Proposed Multifamily Projects

Source: Yardi Matrix

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

1 Seasons at Orchard Hills 2697 West Orchard Hills Drive Oak Creek WI 53154 Lease-Up 225 Oak Creek 12/31/2018 06/30/2020 09/27/2019

2 Southwind Prairie Apartment Homes Phase VII 775 Southwind Drive Lake Geneva WI 53147 Lease-Up 132 Walworth County 07/01/2018 06/30/2020 10/15/2018

3 West Living, The 6620 West National Avenue West Allis WI 53214 Lease-Up 177 West Allis 01/01/2018 05/31/2020 09/01/2019

4 Maxwell, The 214 East Florida Street Milwaukee WI 53204 Lease-Up 116 Westown 03/01/2019 04/30/2020 06/01/2019

5 Element 84 8290 West Orchard Street West Allis WI 53214 Lease-Up 203 West Allis 10/01/2018 03/31/2020 11/01/2019

6 Mariner, The 4000 South Lake Drive St. Francis WI 53235 Lease-Up 221 St. Francis 07/31/2018 03/31/2020 02/01/2019

7 Granary Townhomes, The 1007 Main Street Union Grove WI 53182 Lease-Up 73 Racine County 12/12/2018 02/29/2020 06/01/2019

8 River Place Lofts Phase II and III 640 West Freshwater Way Milwaukee WI 53204 Lease-Up 67 Burnham Park 09/01/2017 02/29/2020 01/16/2018

Total Lease-Up 1,2149 Bevy, The 8710 North Deerwood Drive Brown Deer WI 53209 Under Construction 175 Brown Deer 08/01/2019 03/31/2021

10 Velo Village 7235 South Ballpark Drive Franklin WI 53132 Under Construction 265 Franklin 01/01/2019 12/31/2020

11 Malt House 1009 West Juneau Avenue Milwaukee WI 53233 Under Construction 118 Westown 08/31/2016 08/31/2020

12 R1VER 222 West Becher Street Milwaukee WI 53207 Under Construction 95 Burnham Park 09/01/2019 06/30/2020

13 Linx Club, The 995 Pinehurst Court Brookfield WI 53005 Under Construction 196 Brookfield 05/21/2018 06/30/2020

14 Gold Medal Lofts 1701 Packard Avenue Racine WI 53403 Under Construction 73 Racine County 06/01/2019 06/30/2020

15 Yards, The 233 West Oregon Street Milwaukee WI 53204 Under Construction 87 Westown 06/17/2019 05/31/2020

16 Rincón 225 225 North Main Street Hartford WI 53027 Under Construction 84 Washington County 08/01/2019 05/31/2020

17 Brass Works 820 East Wisconsin Street Delavan WI 53115 Under Construction 73 Walworth County 06/01/2019 05/31/2020

18 Kinetik 2130 South Kinnickinnic Avenue Milwaukee WI 53207 Under Construction 144 Jones Island 02/01/2019 04/30/2020

19 Artisan at Georgetown Square, The 15905 Wisconsin Avenue Brookfield WI 53005 Under Construction 99 Brookfield 11/08/2017 04/30/2020

20 Historic Third Ward 431 East St. Paul Avenue Milwaukee WI 53202 Under Construction 60 Westown 03/05/2019 03/31/2020

21 Westlawn Reinassance III 5545 North 66th Street Milwaukee WI 53218 Under Construction 94 Fond Du Lac 04/29/2018 02/29/2020

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

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

24 Good Hope Commons 7717 West Good Hope Road Milwaukee WI 53223 Under Construction 65 Northridge 11/28/2018 01/31/2020

Total Under Construction 1,80125 1659 1659 North Jackson Street Milwaukee WI 53202 Planned 77 Milwaukee_Downtown

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

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

28 River Place Lofts Phase IV 747 West Freshwater Way Milwaukee WI 53204 Planned 50 Westown

Page 9: Milwaukee New Construction & Proposed Multifamily Projects...PROPERTY UNITS 9 Bevy, The 175 16 Rincón 225 84 21 Westlawn Reinassance III 94 22 Foxtown 96 24 Good Hope Commons 65 Total

Milwaukee New Construction and Proposed Multifamily Projects

Source: Yardi Matrix

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

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

30 1127-1135 South Chavez E Drive 1135 South Chavez E Drive Milwaukee WI 53204 Planned 51 Burnham Park

31 8717 N 43rd Street 8717 North 43rd Street Brown Deer WI 53209 Planned 137 Brown Deer

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

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

34 Synergy at the Mayfair Collection Phase II 11100 West Burleigh Street Wauwatosa WI 53222 Planned 700 Wauwatosa

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

36 Tess Corners Elementary School Redevelopment W147 S6800 Durham Drive Muskego WI 53150 Planned 122 Big Bend-Muskego

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

38 Harbor Campus Phase II 333 West Walters Street Port Washington WI 53074 Planned 66 Port Washington

39 Prairie's Edge Lake Shore Road & Sunset Road Port Washington WI 53074 Planned 156 Port Washington

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

41 401 Wisconsin Avenue 401 Wisconsin Avenue Racine WI 53403 Planned 52 Racine County

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

43 Machinery Row 900 Water Street Racine WI 53403 Planned 150 Racine County

44 Residences at Dunham Grove, The 4712 69th Drive Union Grove WI 53182 Planned 120 Racine County

45 Fox Run Shopping Center Mixed Use Redevlopment 2250 West St. Paul Avenue Waukesha WI 53188 Planned 72 Waukesha

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

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

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

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

Total Planned 3,64950 Ascent, The 700 East Kilbourn Avenue Milwaukee WI 53202 Prospective 201 Milwaukee_Downtown

51 Convent Hill 1325 North Jefferson Street Milwaukee WI 53202 Prospective 350 Milwaukee_Downtown

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

53 Milwaukee and Knapp - Residential East Knapp Street & North Milwaukee Street Milwaukee WI 53202 Prospective 350 Milwaukee_Downtown

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

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

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

Page 10: Milwaukee New Construction & Proposed Multifamily Projects...PROPERTY UNITS 9 Bevy, The 175 16 Rincón 225 84 21 Westlawn Reinassance III 94 22 Foxtown 96 24 Good Hope Commons 65 Total

Milwaukee New Construction and Proposed Multifamily Projects

Source: Yardi Matrix

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

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

58 Portfolio 1350 North Prospect Avenue Milwaukee WI 53202 Prospective 176 Lake Park

59 100 South 2nd Street 100 South 2nd Street Milwaukee WI 53204 Prospective 50 Westown

60 234 South Water Street 234 South Water Street Milwaukee WI 53204 Prospective 133 Westown

61 538 East Erie Street 538 East Erie Street Milwaukee WI 53202 Prospective 100 Westown

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

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

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

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

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

67 Harbor Yards E Florida Street & S Water Street Milwaukee WI 53204 Prospective 150 Westown

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

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

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

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

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

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

74 1958 South 1st Street 1958 South 1st Street Milwaukee WI 53204 Prospective 200 Burnham Park

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

76 Westlawn Renaissance V 6405 West Sheridan Avenue Milwaukee WI 53218 Prospective 141 Fond Du Lac

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

78 OneNorth 600 West Brown Deer Road Milwaukee WI 53217 Prospective 280 Bayside-Fox Point

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

80 Mariner Phase II, The 4023 South Lake Drive St. Francis WI 53235 Prospective 105 St. Francis

81 Mariner Phase III, The 4023 South Lake Drive St. Francis WI 53235 Prospective 105 St. Francis

82 Oak Creek West College Avenue & South Howell Avenue Milwaukee WI 53207 Prospective 100 General Mitchell Airport

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

84 Grove, The 5000 South 124th Street Greenfield WI 53228 Prospective 96 Greenfield

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

86 6771 West National Avenue 6771 West National Avenue West Allis WI 53214 Prospective 50 West Allis

Page 11: Milwaukee New Construction & Proposed Multifamily Projects...PROPERTY UNITS 9 Bevy, The 175 16 Rincón 225 84 21 Westlawn Reinassance III 94 22 Foxtown 96 24 Good Hope Commons 65 Total

Milwaukee New Construction and Proposed Multifamily Projects

Source: Yardi Matrix

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

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

88 Burleigh Street 11333 West Burleigh Street Wauwatosa WI 53222 Prospective 72 Wauwatosa

89 Elms at Rivers Bend 1565 Rivers Bend Wauwatosa WI 53226 Prospective 100 Wauwatosa

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

91 Emerald Row Phase III 500 West Forest Hill Avenue Oak Creek WI 53134 Prospective 250 Oak Creek

92 HUB13 7581 South 13th Street Oak Creek WI 53154 Prospective 340 Oak Creek

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

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

95 Woodlands Edge at Franklin Senior 3709 West College Avenue Milwaukee WI 53221 Prospective 66 Franklin

96 Glen at Muskego Lakes North Cape Road & West Loomis Road Muskego WI 53150 Prospective 126 Big Bend-Muskego

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

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

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

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

101 Creekwood Residences N56 W17835 Silver Spring Drive Menomonee Falls WI 53051 Prospective 128 Menomonee Falls

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

103 BlackStone Creek Golf Club Division Road & Mequon Road Germantown WI 53022 Prospective 250 Washington County

104 Farm, The Freistadt Road and West of Highway 41/45 Germantown WI 53022 Prospective 240 Washington County

105 Franklin Street & North Main Street 449 North Main Street West Bend WI 53090 Prospective 99 Washington County

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

107 Cedarburg Senior Sheboygan Road & Susan Lane Cedarburg WI 53012 Prospective 192 Cedarburg-Grafton

108 Hawthorne Square 278 North Main Street Thiensville WI 53092 Prospective 98 Mequon

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

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

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

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

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

114 Racine 233 Lake Avenue Racine WI 53403 Prospective 190 Racine County

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

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

Page 12: Milwaukee New Construction & Proposed Multifamily Projects...PROPERTY UNITS 9 Bevy, The 175 16 Rincón 225 84 21 Westlawn Reinassance III 94 22 Foxtown 96 24 Good Hope Commons 65 Total

Milwaukee New Construction and Proposed Multifamily Projects

Source: Yardi Matrix

ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE

FORECASTED COMPLETION DATE

START OFRENT-UP

117 Hillmoor Golf Course Redevelopment 333 West Main Street Lake Geneva WI 53147 Prospective 100 Walworth County

118 I-43 Buell Drive & State Road 120 East Troy WI 53120 Prospective 174 Walworth County

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

120 Maple Centre I-43 & WI-83 Mukwonago WI 53149 Prospective 675 Mukwonago

121 Harris Highland Drive & West St Paul Avenue Harris Highland Drive & West St Paul Avenue Waukesha WI 53188 Prospective 100 Waukesha

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

123 Reserve of Waukesha, The NW Barstow Street & East Saint Paul Avenue Waukesha WI 53188 Prospective 186 Waukesha

124 Townhomes - City of Waukesha Delafield Street & West Washington Avenue Street Waukesha WI 53188 Prospective 66 Waukesha

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

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

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

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

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

130 Campus Drive & State Highway 83 Campus Drive & State Highway 83 Hartland WI 53029 Prospective 150 Hartland

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

132 Pabst Farms Old School House Road & Valley Road Oconomowoc WI 53066 Prospective 315 Waukesha_West

133 Preserve at Prairie Creek Phase IV, The 1200 Prairie Creek Blvd Oconomowoc WI 53066 Prospective 50 Waukesha_West

134 East Odgen Avenue & North Milwaukee Street N Milwaukee Street & E Ogden Avenue Milwaukee WI 53202 Prospective 350 Milwaukee_Downtown

135 Glendale Commons 1500 West Custer Avenue Glendale WI 53209 Prospective 55 Glendale

136 Thirteen31 1331 West National Avenue Milwaukee WI 53204 Prospective 89 Burnham Park

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

138 Phillis Wheatley Elementary School Redevelopment 2442 North 20th Street Milwaukee WI 53206 Prospective 82 Midtown

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

140 1520 Clark Street 1520 Clark Street Racine WI 53403 Prospective 112 Racine County

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

Total Prospective 14,760

TOTAL MILWAUKEE 21,424

© 2019 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx. The information and details contained within this report have been obtained from a third-party and believed to be accurate; however, Berkadia has not independently verified its accuracy. Date of survey: January 2020