News Archive

ShopKo Plaza Acquired by Texas Firm

By Austin Montgomery, Stateline Business Journal   BELOIT — ShopKo Plaza in Beloit has been sold and the new owner has partnered with a West Allis real estate firm to determine what’s next for the financially challenged shopping center.   The 10.9-acre property was acquired by Stafford, Texas-based Key Star... READ MORE >

TIF Money Could Fix Janesville's Housing Shortage, Developers Say

By Jim Dayton, Janesville Gazette JANESVILLE To solve Janesville’s housing shortage, two real estate developers encouraged the city to consider using tax increment financing to spark new residential activity. That suggestion was one of the biggest takeaways from Wednesday’s community housing and development forum.... READ MORE >

Janesville Mall's Buyer Gives Dose of Optimism, Realism on Mall's Future

By Neil Johnson, Janesville Gazette JANESVILLE The leader of an investment group that plans to buy Janesville Mall offered local business leaders an equal dose of optimism and realism about the retail center’s future Wednesday.   Anthony Weiner, president of RockStep Capital Real Estate Investments, the Texas firm... READ MORE >

CBL & Associates Properties to Sell Janesville Mall at Steep Discount

CBL & Associates Properties Inc. has struck a deal to sell the Janesville Mall at a steep discount to CBL’s purchase price of 20 years ago.   RockStep Capital, of Houston, Texas, has contracted to buy the 600,000-square-foot enclosed shopping center for $18 million, CBL said last week as it announced its latest... READ MORE >

Former GM and JATCO sites listed for $15.7 million

The former General Motors property in Janesville is being sold in two major pieces: the 114-acre site that houses the former auto plant and the 112-acre former Janesville Auto Transport Co. site south of the plant, according to a broker who is listing the parcels. The two pieces of property, along with several smaller...


New Storefronts Set to Open in Janesville's Former Menards

By Neil Johnson, The Janesville Gazette   JANESVILLE Two new stores are set to open this week in the redeveloped former Menards off Pontiac Drive on Janesville’s north side. Tara Furst, commercial properties manager for Galway Companies, which owns the property, said that by the end of the week, two tenants in the...