CHICAGO, IL – The Chicago office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it closed the sale of Milwaukee Center (above center photo) , a 373,516-square-foot, Class A office tower in downtown Milwaukee, Wisconsin.HFF managing directors Jaime Fink (top right photo) and Jeff Bramson (top left photo) and director Daniel Kaufman led t
he investment sales team on behalf of the seller, Transwestern Investment Company.
he investment sales team on behalf of the seller, Transwestern Investment Company. HRPT Properties Trust purchased the property.
Located at 111 East Kilbourne Avenue, Milwaukee Center is situated directly across from City Hall in Milwaukee’s central business district.
The 28-story property is part of the larger Milwaukee Center mixed-use development, which also includes a 220-room InterContinental Hotel, The Pabst Theatre, The Milwaukee Repertory Theatre and an 820-
stall parking garage, all connected via an enclosed galleria and colonnade.
stall parking garage, all connected via an enclosed galleria and colonnade.Milwaukee Center is currently 93% leased to tenants including Marshall & Ilsley Trust Company, Davis & Kuelthau, S.C., Legion Insurance Company and AXA Equitable Life Insurance Company.
Transwestern Investment Company, L.L.C. is a principal investment firm specializing in commercial real es
tate. Since its inception in 1996, Transwestern has acquired interests in over 440 office, retail, industrial and multifamily properties representing a gross investment of more than $9.8 billion.
tate. Since its inception in 1996, Transwestern has acquired interests in over 440 office, retail, industrial and multifamily properties representing a gross investment of more than $9.8 billion. HRPT Properties Trust is a real estate investment trust (REIT) that primarily owns and leases office buildings. As of March 31st, it owned $6.3 billion of office and industrial properties with approximately 65 million square feet located in 37 states and Washington, D.C.
HFF (NYSE: HF) operates out of 1
8 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF offers clients a fully integrated national capital markets platform including debt placement, investment sales, structured finance, private equity, note sales and note sale advisory services and commercial loan servicing.
CONTACTS:
Jaime M. Fink, HFF Managing Director, 312 528 3650, jfink@hfflp.com
8 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF offers clients a fully integrated national capital markets platform including debt placement, investment sales, structured finance, private equity, note sales and note sale advisory services and commercial loan servicing.CONTACTS:Jaime M. Fink, HFF Managing Director, 312 528 3650, jfink@hfflp.com
Jeffrey M. Bramson, HFF Managing Director, 312 528 3650, jbramson@hfflp.com
Laurie Fish McDowell, HFF Associate Director, Marketing, 617 338 0990, lmcdowell@hfflp.com
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