John Mangel III, vice president of business development and acquisitions for Chicago-based HSA Commercial Real Estate, has a contract to purchase the 10-story former Blue Cross Blue Shield office building at 401 W. Michigan St. in downtown Milwaukee.
Mangel is buying the building independently of HSA, which is not a part of the deal, according to a commercial real estate source. Mangel is still in the due diligence phase for the deal and told BizTimes Milwaukee he is “exploring different (redevelopment) options right now.”
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