Gonzalez, Saggio & Harlan LLP plans to move its offices from the historic Mackie Building in downtown Milwaukee to the Chase Tower, also in downtown Milwaukee.
The firm recently leased 18,732 square feet of space and will take up most of the 10th floor in the Chase Tower, located at 111 E. Wisconsin Ave.
Bob Flood and Patti Stevens of RFP Commercial brokered the deal for the building owner. Emmett Purcell of USI Real Estate Brokerage Services Inc., a Johnson Controls Inc. company, represented the law firm.
The deal is a boost for the 22-story, 472,507-square-foot Chase Tower. The addition of the law firm will push the building’s occupancy rate up to 84 percent, Stevens said.
Chase recently vacated two floors in the building, Stevens said.
"They renovated one of the floors and consolidated people into that floor," she said.
The Chase Tower is owned by Brookfield Asset Management Inc.’s Brookfield Real Estate Opportunity Group, which put the building on the market for sale earlier this year. Jaime Fink, senior managing director for Holliday Fenoglio Fowler L.P. is handling the sale of the building.
"We’ve got quite a bit of interest in it, but nothing I can comment on right now," Fink said. "No deal is done yet."
The deal is a major blow for the 137-year-old, 45,975-square-foot Mackie Building, located at 225 E. Michigan St., which will lose its anchor tenant when Gonzalez Saggio & Harlan move out. The Mackie Building and the Loyalty Building, located at 611 N. Broadway, were sold earlier this year to Rosemont, Ill.-based First Hospitality Group, which plans to renovate the Loyalty Building into a Hilton Garden Inn hotel.
