Business Services Industry
Milwaukee office building to become apartments for university students.
Knight Ridder/Tribune Business News, September, 2004
By Tom Daykin, Milwaukee Journal Sentinel Knight Ridder/Tribune Business News
Sep. 8--For the third time, developer George Bockl has sold his namesake office building on Milwaukee's west side, this time to investors who will convert it to apartments for Marquette University students.
The Bockl Building, 2040 W. Wisconsin Ave., was sold for $3.25 million to Scion Group LLC of Chicago and Cafritz Interests of Washington, D.C., according to the Milwaukee County Register of Deeds. Scion and Cafritz will spend $15 million to $20 million to create apartments for 300 to 350 students, Scion President Robert Bronstein said Tuesday.
The apartments will be ready by the fall semester of 2006, said Bronstein, whose firm manages 2,200 beds of...
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