Plans $15 million project to renovate and convert it into apartments

A Chicago-based developer has purchased an office tower on West Wisconsin Avenue in downtown Milwaukee with plans to convert it into 144 apartments.

3L Real Estate bought the 12-story building at 735 W. Wisconsin Ave. from Zilber Ltd. for an undisclosed price. The company is planning a $15 million conversion and renovation project of the 110,000-square-foot building.

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