Infosoft Group Inc., the parent company of MilwaukeeJobs.com, plans to move its headquarters office into the 1000 North Water Street building in downtown Milwaukee.
The 1000 N. Water St. building is a 16-story office tower, known for the light pink color of its windows and façade, which is owned by Anthony Palermo. The 283,450-square-foot building was built in 1989. Infosoft recently signed a lease for the entire 22,245-square-foot 11th floor in the building. The floor was previously occupied by Stark Investments.
Bill Bonifas of CBRE is the listing broker for Palermo. He declined to comment on the deal.
Infosoft’s office is currently located in a 104-year-old building at 1123 N. Water St., about half a block northwest of the 1000 N. Water St. building. The move will upgrade Infosoft’s office into a class A office space.
Founded in 1994, Infosoft has grown its business into a national network of local employment and diversity Web sites. The company also has offices in Washington DC, Minneapolis and Atlanta.
Executives for Infosoft could not be reached for comment.