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.”
For more, read the BizTimes Real Estate Weekly.
