Press Archives - F Street

Wantable’s growing Harbor District headquarters, including cafe, is sold

Mike Doney — Wed, 18 Mar 2026 13:56:33 +0000

MILWAUKEE JOURNAL SENTINEL

Wantable Inc.’s expanding Harbor District headquarters, including the Wantable Café, has been sold to investment groups which are leasing the buildings back to the online personal styling retailer.

The neighboring buildings, at 123 E. Walker St. and 916-918 S. First St., were sold for $7.4 million to F Street Walker LLC and TCWB LLC – both affiliates of F Street Inc.

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Scott Lurie named one of Wisconsin's most influential leaders

echo6ot@gmail.com — Mon, 15 Dec 2025 19:53:13 +0000

MILWAUKEE BUSINESS NEWS

Milwaukee-native Scott Lurie, founder of F Street, a Milwaukee-based commercial real estate development and investment firm, was recently named to the BizTimes 275 Most Influential Business Leaders for 2025.

What was originally established in 2009 as an investment firm and hospitality group has now expanded into the development space with notable projects including an apartment complex in Brown Deer and a large residential development in Oak Creek, called Lakeshore Commons. Last year, the company wrapped up the construction of phase one of Lakeshore Commons, which included two apartment buildings with a combined 199 units, 28 townhomes for sale, 28 townhomes for rent and nearly 60 single-family lots.

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West Bend annexes and rezones 100 acres for industrial development

Mike Doney — Mon, 23 Jun 2025 14:53:55 +0000

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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Urban spelunking: Midcentury Modern St. Aloysius Church, soon to be razed

Mike Doney — Fri, 20 Jun 2025 18:20:46 +0000

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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F Street plans townhomes, apartments for St. Aloysius site

Mike Doney — Wed, 02 Apr 2025 21:26:00 +0000

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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F Street presents new housing development concept to City of Watertown

Mike Doney — Tue, 21 May 2024 22:08:16 +0000

WATERTOWN DAILY TIMES

Update: F Street Presents N 1st Street Development Concept to Council

F Street, a private investment group and commercial real estate developer, presented its development concept for townhouses along the waterfront at the end of North 1st Street next to the corner of Jones Street during a City of Watertown Common Council meeting on Tuesday.

The estimated $4.5 million concept was previously presented to the city’s Plan Commission in April, and much like its previous discussion, the development was met with positive reviews but with concerns about parking.

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F Street, a private investment group and commercial real estate developer, has opened a conversation with The City of Watertown Plan Commission about potentially building townhouses along the waterfront at the end of North 1st Street next to the corner of Jones Street.

No bids for the land or official proposals have been made by the Plan Commission, but F Street Director of Development Nick Jung discussed with the commission the possibility of developing townhouses along the Rock River.

The family-style townhouse units are mainly three-bedroom concepts and would be two separate two-story buildings with their own garages. If the group and city proceeds, these townhomes would be built over the current parking lot that sits on the parcel, but it would also retain 33 spaces in the southern portion — next to the Masonic Temple building — and also have parking spaces for each townhouse unit.

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F Street, CKO pumping $35M into distressed South Side apartments

Mike Doney — Mon, 29 Apr 2024 01:12:07 +0000

THE REAL DEAL

Chicago landlords Chikoo Patel and Shai Wolkowicki are adding 518 apartments to their South Side holdings, through a plan to buy four distressed portfolios in partnership with a Milwaukee-based firm, they said.

Patel and Wolkowicki’s CKO Investments is teaming up with Scott Lurie’s F Street Investments to spend $35 million on 19 buildings in Hyde Park and South Shore, properties plagued with various financial conundrums, including foreclosures and allegations of mismanagement.

In a presentation to potential investors on Thursday, the firms said they’ve locked in deals with lenders on three of the four portfolios to assume their existing debt packages with interest rates between 3.99 and 4.6 percent, sparing the buyers from today’s higher interest rates.

The deal will come to about $68,000 per unit on average across all of the portfolios, and projected they can bring the portfolio’s value up to a little more than $108,000 per unit with new management and renovations, which are expected to cost $27,000 per unit.

“We’re seeing more bank-owned real estate and more distressed real estate. We see great opportunities in the market and these are certainly some of those,” Lurie said during the presentation.

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F Street wraps up construction on first phase of Lakeshore Commons

Mike Doney — Wed, 17 Apr 2024 20:08:17 +0000

MILWAUKEE BUSINESS NEWS

A unique development in Oak Creek is progressing as F Street redevelops a lakefront property into a dense 35-acre residential neighborhood. Construction started in 2021 and the Milwaukee-based development and investment firm is wrapping up work on the $80 million first phase of the project, which includes two apartment buildings with a combined 199 units.

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