October 08, 2013

Renovation planned for Oconomowoc mall after sale

An investor group led by real estate agent Jon Spheeris bought the Avenue Square mall in Oconomowocâ;€™s downtown and plans to renovate it to attract more retailers.

The 26,000-square-foot, two-story building at 175 E. Wisconsin Ave. features an interior mall space with cobblestone walkways. Avenue Square has been caught up with a lawsuit filed in August 2012 against its previous owners.

Spheeris and his group bought the mall for $625,000 from a receiver that managed the building, according to stateâ;€¦;

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