PRESS RELEASE

Milwaukee, WI – March 12, 2026 – F Street is proud to announce that Nick Jung has been named NAIOP Wisconsin’s 2025 Principal (Developer) of the Year, recognized at the organization’s Annual Meeting & Awards Ceremony held at Venue 3 in Milwaukee’s 3rd Street Market Hall.

The award honors Nick’s central role in shaping F Street’s investment strategy and driving high-impact development initiatives across the state. Beyond his work at F Street, Nick has been deeply involved in NAIOP Wisconsin’s strategic direction — serving as Board President, strengthening advocacy efforts, and expanding member engagement throughout the chapter.

“Nick’s recognition as Developer of the Year reflects the leadership and vision he brings to F Street and to the broader Wisconsin commercial real estate community every day,” said Scott Lurie, Founder of F Street. “His commitment to excellence — both within our firm and across the industry — continues to elevate everything we do.”

The ceremony brought together more than 250 industry leaders and highlighted six major awards. NAIOP Wisconsin was also celebrated as the 2024 NAIOP Chapter of the Year, the second time in eight years the state has earned the national association’s highest honor.

For more information about F Street and its development portfolio, visit fstreet.com.

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MILWAUKEE BUSINESS NEWS

The City of West Bend is working with Milwaukee-based real estate company F Street to develop a new business park with potentially more than 1 million square feet of industrial space on the southeast side of the city.

Earlier this week, the city’s Plan Commission rezoned approximately 107 acres near the southwest corner of Rusco and River roads for manufacturing uses. Earlier this year, the city annexed the land from the Town of West Bend in order to connect it to city sewer and water systems, according to city documents.

The development will be known as Crossrail Commerce Center, according to F Street.

F Street is working with commercial real estate firm Colliers to market the property for sale or lease. with concept plans showing up to 10 built-to-suit lots available. A 10-acre lot is shown as having a pending sale.

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ONMILWAUKEE

This has been a bad year for churches designed by architects Brust & Brust.

Over the past few months, St. Bernard in Wauwatosa Village – built in 1955 – came down remarkably quickly, especially considering that former Brust employee and later buyer of the firm, Gary Zimmerman, says the firm’s churches were built like battleships.

Next to fall is Brust & Brust’s St. Aloysius, 1405 S. 92nd St., in West Allis, which was completed in 1957.

Both sites will be filled with apartments. While the ones in Tosa are already underway, clearance of the West Allis site has not yet begun.

The parish was merged, along with two others – Immaculate Heart of Mary and Mary Queen of Heaven – into Mother of Perpetual Help Congregation in 2018 and they all began worshipping at one building, 2322 S. 106th St., three years later.

(A second site at 1121 S. 116th St. includes a secondary worship site, Mary Queen of Saints Catholic Academy, parish offices and an outreach center.)

St. Aloysius hosted its final Mass in May 2021. The school had closed a year earlier.

At that time, Cardinal Capital Management purchased the site, but its plans for the site did not move quickly enough, and now F Street is in the process of buying the site via the City of West Allis.

“The idea is that all the existing buildings will come down and then working our way from the south to the north, we would probably do two-story garden-style apartments,” says F Street’s Director of Project Delivery E. J. Herr. “Those would be walkups with garages and things like that.”

One row of the houses would face 92nd Street and the other, at its back, would face 93rd.

“We’re working with Rinka Architects right now, developing the site plan,” Herr says. “We have preliminary diagrams of how things are to layout, but it’s still pretty early on. Right now we’re looking at about 52 units between those two (garden-style) buildings and another 100 units in the multi-family.”

It’s possible that some of the units could be used as student athlete housing for a nearby college, Herr says.

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PRESS RELEASE

Milwaukee, WI – June 11, 2025 – F Street, a leading alternative investment and private lending firm, announced today that it has added bitcoin (BTC) to its corporate treasury as part of a broader strategy to strengthen its capital base and support real estate lending and investment initiatives.

As of June 9th, F Street has begun making daily purchases of bitcoin using business proceeds and treasury holdings, with a near-term objective of accumulating $10 million in BTC. This move reflects the firm’s confidence in bitcoin as a durable, decentralized store of value and a complement to its broader financial strategy.

MILWAUKEE BUSINESS JOURNAL

Milwaukee real estate firm F Street is taking over the planned redevelopment of a former church site and adjacent properties in West Allis under a plan to transform the site into housing.

The former St. Aloysius church at 1405 S. 92nd St. has been vacant for nearly four years after the parish merged with two other congregations. The city has sought to remove the blighted former church building and replace it with a development such as housing that could help grow the city’s tax base.

F Street, which will be conveyed equitable title to the property by the CDA, is planning a multifamily apartment development that’s expected to increase the site’s assessed value to at least $28.88 million, according to the CDA documents.

The conceptual plan from F Street calls for a $40 million project with 54 townhomes and a 100-unit apartment building with underground parking, Schloss said.

“We think F Street is a reliable, proven developer,” Schloss said.

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PRESS RELEASE

Milwaukee, WI (January 17, 2025) — Coast Apartments, a modern luxury community located in Lakeshore Commons, has been awarded Gold by the Associated Builders and Contractors (ABC) of Wisconsin in their prestigious Projects of Distinction competition. This award recognizes the exceptional quality and professionalism demonstrated in the construction of this unique development.

The Projects of Distinction competition celebrates the outstanding achievements of ABC of Wisconsin member companies and highlights the value of merit construction. Coast Apartments, with its striking design, high-quality finishes, and impressive amenities, exemplifies the principles of excellence and professionalism that ABC of Wisconsin champions.

Despite the challenges posed by coastal weather conditions, the project was completed ahead of schedule, demonstrating the team’s resilience and dedication to exceeding expectations.

About Coast Apartments:

Located in the Lakeshore Commons community, Coast Apartments offers a luxurious living experience with stunning lakefront views. The community features a range of modern amenities, including a spacious club room, a state-of-the-art fitness center, a resort-style pool, and expansive outdoor green spaces.

About ABC of Wisconsin:

ABC of Wisconsin is a leading construction trade association representing merit shop contractors throughout the state. The organization promotes the principles of free enterprise and works to ensure a fair and competitive environment for its members.

About F Street

F Street is a premier real estate investment and development firm headquartered in Milwaukee, Wisconsin. The company specializes in the acquisition and development of high-quality commercial and residential properties in Wisconsin and beyond. F Street is committed to creating dynamic and sustainable communities that enrich the lives of residents and contribute to the economic vitality of the regions it serves.