KPMG LLP will move its Milwaukee office from the U.S. Bank building to the 18-story office tower Irgens is building at 833 E. Michigan St. in downtown Milwaukee.
The audit, tax and advisory firm will occupy 12,000 square feet on the building’s 10th floor when it opens in March 2016 – about half of the 26,000-square-foot floor plate.
The new space will be slightly smaller than the firm’s current 15,000-square-foot space at the U.S. Bank building. KPMG operates in 155 countries and has more than 162,000 people working in firms around the world. The firm’s Milwaukee office employs about 100 people.
Joseph Rock, managing partner KPMG’s Milwaukee office, said he expects the lease will be signed this week.
“We’re excited about the new building,” Rock said.
Construction of the $101.5 million building is expected to be complete in March of 2016. More than 65 percent of 833 East is now committed.
In September, Major League Baseball and Commissioner Emeritus Allan H. (Bud) Selig, Heck Capital Advisors and Grace Matthews, Inc. were announced as tenants for the building.
Heck Capital, of Rhinelander, is leasing 2,712 square feet. Grace Matthews, a Milwaukee-based investment bank, is leasing 6,269 square feet.
Milwaukee law firm Godfrey & Kahn will be the anchor tenant in the building and is leasing 77,817 square feet of space.
Other previously announced tenants include: Irgens, which will occupy 25,328 square feet; Colliers International, which is leasing 20,422 square feet; Jason Inc., which is leasing 26,043 square feet; First American, which is leasing 5,952 square feet and Cresa, which is leasing 2,516 square feet.
In August, Madison-based Noble Chef Hospitality announced it would open a restaurant called Rare Steakhouse in the ground floor of the building.