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Third Ward

Location
Milwaukee, WI
North of E. Eerie Street, South of Interstate 794 and West of N. Jackson Street
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Location
Milwaukee, WI
North of E. Eerie Street, South of Interstate 794 and West of N. Jackson Street

Description

Where Heritage Meets Modern Energy The Historic Third Ward is where history and innovation converge to create a retail destination that feels edgy with an authentic feel providing an alternative option to more traditional shopping destinations like Mayfair Mall or The Corners at Brookfield. Once an industrial hub, this vibrant neighborhood has transformed into a shopping, dining, and cultural hotspot. The zip-code consistently ranks as the top retail destination in the Milwaukee MSA, offering a captivating environment for residents, visitors, and forward-thinking retailers alike. The Historic Third Ward Experience The Third Ward exudes charm, blending its rich architectural heritage with a cutting-edge retail and dining scene. Flagship stores like Lululemon and Anthropologie coexist with local treasures, creating a diverse, dynamic, and out-of-the-ordinary shopping experience that feels both exclusive and approachable. Dining is just as energetic, with staples like Café Benelux and Shake Shack offering culinary delights that keep visitors lingering long after their meals. The district’s energy is further elevated by the Milwaukee Public Market, a bustling hub for artisanal goods and local flavors that draws both tourists and locals year-round.

Where Heritage Meets Modern Energy

The Historic Third Ward is where history and innovation converge to create a retail destination that feels edgy with an authentic feel providing an alternative option to more traditional shopping destinations like Mayfair Mall or The Corners at Brookfield. Once an industrial hub, this vibrant neighborhood has transformed into a shopping, dining, and cultural hotspot. The zip-code consistently ranks as the top retail destination in the Milwaukee MSA, offering a captivating environment for residents, visitors, and forward-thinking retailers alike.

The Historic Third Ward Experience

The Third Ward exudes charm, blending its rich architectural heritage with

...Read more
News & Alerts
Top available retail spaces in Milwaukee's Third Ward neighborhood

Top available retail spaces in Milwaukee's Third Ward neighborhood

5 months ago
Forage Kitchen, a health food concept, opens Feb 1st in Milwaukee's Third Ward

Forage Kitchen, a health food concept, opens Feb 1st in Milwaukee's Third Ward

5 months ago
Third Coast Gourmet sub shop in Third Ward, Milwaukee, to permanently close

Third Coast Gourmet sub shop in Third Ward, Milwaukee, to permanently close

5 months ago
Local experts
Daniel Cohen
Daniel Cohen
President | Director of Tenant Representation
Mid-America Real Estate - WI, LLC
Mid-America Real Estate
Mid-America Real Estate
Top brands
Face Foundrié
Face Foundrié
326 N Water St
lululemon
lululemon
322 N Water St
sweetgreen
sweetgreen
300 E Buffalo St
Untuckit
Untuckit
241 N Broadway
Warby Parker
Warby Parker
315 N Broadway
West Elm
West Elm
342 N Water St
Anthropologie
Anthropologie
301 N Broadway
Bouvette La Boucherie
Bouvette La Boucherie
217 N Broadway

Local Expert Analysis

Market Positioning and Leasing Trends The Third Ward is Milwaukee’s is a competitive retail corridor, with gross rents ranging from $50 to $75 per square foot and a vacancy rate below 5%. This tight market reflects the district’s exceptional demand and enduring appeal. Leasing activity remains robust, driven by a balanced tenant mix of national brands like Warby Parker and West Elm alongside local favorites that offer a one-of-a-kind Milwaukee experience. Recent openings have reinforced the area’s reputation, while new developments promise to elevate the district’s allure even further. Customer Demographics and Foot Traffic The Third Ward attracts a diverse and affluent customer base, including young professionals, high-income individuals, and tourists. Seasonal events like Summerfest and art festivals amplify the district’s foot traffic, particularly during the warmer months when outdoor dining and activities dominate. Even during quieter times, the area’s proximity to downtown Milwaukee ensures a steady flow of shoppers and diners. The Milwaukee Public Market serves as a powerful magnet, pulling in crowds that spill into the surrounding shops and eateries. Future Trends As new developments come online and seasonal events continue to draw crowds, the Third Ward is poised for sustained growth. Its tight leasing market, strong demographic appeal, and ability to seamlessly blend history with modernity ensure its place as one of Milwaukee’s key retail destinations. Whether you’re exploring the cobblestone streets for the first time or staking a claim as a retailer, the Third Ward invites you to be part of its next great chapter. New Developments The Third Ward’s growth trajectory is fueled by significant investments and forward-thinking projects such as Hines Mixed-Use Property, set to introduce new retail and residential spaces, promises to enhance the district’s appeal and draw additional foot traffic. Conclusion The Historic Third Ward is a living testament to the city’s ability to honor its past while embracing the future. With its series of flagship stores, boutique retailers, and experiential dining, the Third Ward offers an experience that’s as engaging as well as inviting. For brands and restaurateurs looking to make an impact in a dynamic, high-energy, alternative shopping environment, this district delivers.

Market Positioning and Leasing Trends

The Third Ward is Milwaukee’s is a competitive retail corridor, with gross rents ranging from $50 to $75 per square foot and a vacancy rate below 5%. This tight market reflects the district’s exceptional demand and enduring appeal. Leasing activity remains robust, driven by a balanced tenant mix of national brands like Warby Parker and West Elm alongside local favorites that offer a one-of-a-kind Milwaukee experience. Recent openings have reinforced the area’s reputation, while new developments promise to elevate the district’s allure even further.

Customer Demographics and Foot Traffic

The Third Ward attracts a diverse and affluent customer base, inc

...Read more

New Developments

The Third Ward’s growth trajectory is fueled by significant investments and forward-thinking projects such as Hines Mixed-Use Property – which set to introduce new retail and residential spaces, promising to enhance the district’s appeal and draw additional foot traffic