Posted Aug 1, 2017, 7:34 PM
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devout Pizzatarian
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Join Date: Jul 2001
Location: Lincoln Square, Chicago
Posts: 29,832
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update.
Quote:
Developer buys downtown Milwaukee BMO Harris building, setting stage for new office tower
Tom Daykin
Milwaukee Journal Sentinel
Updated 11:57 a.m. CT Aug. 1, 2017
Downtown Milwaukee's BMO Harris Bank building has been sold to a developer, setting the stage for construction to begin this year on a new office tower for the bank and other businesses.
The Irgens development firm has closed on its acquisition of the 20-story office building, 770 N. Water St., its adjacent seven-level parking structure and an adjoining parking lot, developer Mark Irgens said Tuesday.
He declined to disclose financial terms, which includes BMO Harris leasing back the space from Irgens.
Irgens and BMO Harris in December announced plans for the 25-story BMO Harris Financial Center, which the development firm will build on a parcel now occupied by the parking structure. That site is south of E. Wells St. between N. Water St. and N. Broadway.
Work to relocate utilities at the development site begins this month, followed by the parking structure's demolition.
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source: http://www.jsonline.com/story/money/...ing/529183001/
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