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🔒 Longtime WWBIC leader Wendy Baumann to step down

Andrew Weiland
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🔒 Longtime WWBIC leader Wendy Baumann to step down

Wendy Baumann Wendy K. Baumann, the president and chief visionary officer of Milwaukee-based Wisconsin Women’s Business Initiative Corp. will step down on Feb. 14, the organization announced today. WWBIC is a nonprofit organization that assists entrepreneurs, primarily women, people of color, lower-wealth individuals, and veterans and military connected families. WWBIC provides

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🔒 Milwaukee Tool paid $6.7 million for former Strong Funds office building

Andrew Weiland
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🔒 Milwaukee Tool paid $6.7 million for former Strong Funds office building

Brookfield-based tool manufacturer Milwaukee Tool paid $6.7 million for the former Strong Funds office building in Menomonee Falls that it recently purchased from Charlotte, North Carolina-based Allspring Global Investments, according to state records. Milwaukee Tool and Allspring announced the deal earlier this month, but did not disclose a sale price at that time. The building,

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🔒 Target building at Bayshore sold for $12.3 million

Andrew Weiland
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🔒 Target building at Bayshore sold for $12.3 million

Dallas-based Cypress Equities, the owner of the Bayshore town center in Glendale, has sold the Target store there to an affiliate of Las Vegas-based Valtus Capital Group for $12.3 million, according to state records. The transaction was a deed satisfaction of a land contract, according to state record. The Target store at Bayshore occupies a

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Curtail Retirement Contributions | Cryptocurrency Investments

Annex Wealth Management
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Curtail Retirement Contributions | Cryptocurrency Investments

Each week, members of the Annex Wealth Management team answer your questions about investing, money and the economy. This week Annex Wealth Management’s Matthew Morzy, MBA, CFP and Fred Coleman, CFP® answer your question.

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🔒 Swedish communications company to open downtown Milwaukee office

Hunter Turpin
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🔒 Swedish communications company to open downtown Milwaukee office

A Sweden-based communications company has inked a lease at the 833 East office building in downtown Milwaukee. Axis Communications, which provides network solutions for video surveillance, access control, intercom and audio systems, will occupy about 8,870 square feet on the building’s 11th floor, according to permit applications filed with the City of Milwaukee. The company,

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Cedarburg’s Washington House Inn and Schroeder House sold for $3.6 million

Sonia Spitz
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Cedarburg’s Washington House Inn and Schroeder House sold for $3.6 million

Cedarburg’s boutique hotel Washington House Inn and nearby Schroeder Guest House, located at W62 N573 Washington Ave. and W62 N589 Washington Ave. respectively, sold for $3.6 million on Wednesday, according to state records. The sale includes the historic Washington House Inn and the Schroder Guest House, which operate together as one business, and two retail

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Charter Steel adds 19.5-megawatt solar installation at Saukville facility

Ashley Smart
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Charter Steel adds 19.5-megawatt solar installation at Saukville facility

Pewaukee-based Sunvest Solar, a developer of renewable energy projects across the country, recently completed construction of a 19.5-megawatt solar project at Charter Steel’s Saukville facility. The project is the largest behind-the-meter solar installation in the state. It will help Charter Steel, Wisconsin’s largest single energy user, make steel using clean, local electricity. Behind-the-meter solar projects

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ibMilwaukee secures $10.3 million Air Force contract

Ashley Smart
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ibMilwaukee secures $10.3 million Air Force contract

ibMilwaukee, formerly known as Industries for the Blind Milwaukee, has secured a $10.3 million contract from the Air Force to provide civil engineer supply store services, according to a Department of Defense announcement. ibMilwaukee is a nonprofit office supply manufacturer that employs blind and visually impaired workers. The organization will provide contractor services at Hanscom

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Here’s what the Wisconsin 275 are drinking this holiday season

Maredithe Meyer
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Here’s what the Wisconsin 275 are drinking this holiday season

When BizTimes Milwaukee published its second edition of Wisconsin 275, a special publication profiling the most influential business leaders in the state, we again sent a questionnaire to each of the 275 individuals that we picked to include on the list. Most responded, and they provided some interesting and thoughtful answers to our questions. Due to

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You’re a mean one, Mr. Fed

Annex Wealth Management
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You’re a mean one, Mr. Fed

The US economy is resilient while sentiment and valuation pose weaknesses. For opportunity, take the long view while the possibility of inflation rearing its ugly head in 2025 is a threat.

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🔒 Johnsonville sells Sheboygan facility to maker of Buddig meat

Ashley Smart
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🔒 Johnsonville sells Sheboygan facility to maker of Buddig meat

Johnsonville is selling one of its Sheboygan manufacturing facilities to Homewood, Illinois-based Carl Buddig and Company for $22 million, state records show. Carl Buddig and Company is the owner of the brands Buddig Meat, Old Wisconsin, Kingsford and Pitmaster’s Pride. Representatives from Carl Buddig and Company did not respond to a Monday inquiry. The 200,000-square-foot

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Longtime downtown Milwaukee Pakistani restaurant still struggling after COVID

Sonia Spitz
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Longtime downtown Milwaukee Pakistani restaurant still struggling after COVID

Azhar Shah, owner and founder of Shah Jee’s. Photo from GoFundMe Shah Jee’s Pakistani restaurant at 770 N. Jefferson St. in The 770 Building in downtown Milwaukee is still recovering from years of struggle during the COVID-19 pandemic. Looming debt and an uptick in remote work continues to burden the Milwaukee

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