Los Angeles-based AECOM Technology Corp. plans to consolidate its Milwaukee operations, moving from offices at 1020 N. Broadway, downtown, and 11425 W. Lake Park Dr., on the far northwest side, to a 21,000-square-foot space in the Schlitz Park complex, just north of downtown.
The space will be located on the second floor of the RiverCenter building at Schlitz Park. The lease signing by AECOM brings the 460,000-square-foot, three-story building’s occupancy rate to just over 90 percent.
Jim Cavanaugh of RFP Commercial represented Schlitz Park and William Bonifas of CBRE represented AECOM in brokering the lease.
AECOM will move 90 employees to Schlitz Park on July 1. The company currently has 45 employees downtown and 45 employees on the far northwest side, said AECOM vice president Paul Tarvin.
AECOM is a provider of professional technical and management support services for government and commercial clients. The company acquired STS Consultants Ltd. in 2007, which had the Lake Park Drive office, and Earth Tech Inc., which had the Broadway office downtown, in 2008. The leases for those offices spaces are expiring, so it was a good time to consolidate them, Tarvin said.
“We thought it was a good opportunity to bring the whole (Milwaukee) operation together,” he said. “We thought it was important to be downtown.”
The company has several customers downtown, including the city of Milwaukee, Tarvin said.
AECOM is the third new tenant Schlitz Park has attracted since developers of the complex last year announced plans for a $30 million renovation of the complex. The other two tenants are the Defense Contract Management Agency (part of the U.S. Defense Department), which leased 10,000 square feet of space in the complex’s Keg House building, Admission Possible, a nonprofit organization, which leased 4,000 square feet of space in the RiverCenter Building.
Schlitz Park recently began remodeling 350,000 square feet of office space and will add several amenities including a new fitness center and conference areas in the RiverCenter building.
“The office park’s renovation plans were particularly appealing,” Tarvin said.
“This is exactly the type of talent and company that the renovated Schlitz Park is designed to attract and retain in downtown Milwaukee,” said Gary Grunau, Schlitz Park co-owner and developer.
