Asking Price Contact for pricing
Sq. Footage 388,272
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1914

Property Description

Completed in 1914, and designed by world-renowned architect Daniel Burnham, CityCenter is equipped with technologically advanced building systems that include state-of-the-art destination dispatch elevator systems, HVAC automation equipment, a distributed antenna system, h igh-speed Wi-Fi as well as Onvation smart building restroom technology. In total CityCenter benefits from over $25.4 million of capital invested since 2007. The Property has been institutionally maintained and in recognition of these efforts has been awarded WiredScore Platinum certification, LEED Silver certification, BOMA 360 certification and is Energy Star rated. Further, CityCenter is a BOMA International TOBY (The Outstanding Building of the Year) Award winner.

Investment Highlights

Holliday Fenoglio Fowler, L.P. (“HFF”) has been retained on an exclusive basis to arrange the sale of the 100% fee simple interest in CityCenter (the “Property”). Situated along Milwaukee’s vibrant RiverWalk, CityCenter is comprised of the timeless Daniel Burnham designed 16-story office tower at 735 North Water Street, a modern amenity-rich 7-story annex building at 731 North Water Street as well as a 300-stall parking garage at 740 North Water Street. In total the Property consists of 428,023 RSF and is 83.7% leased with 5.6 years of remaining weighted average lease expiry (“W.A.L.E.”). With over $25.4 million invested into the Property since 2007, CityCenter is equipped with state-of-the-art building systems. The Property also benefits from an unparalleled suite of on-site amenities ripe for cosmetic enhancements, providing value-add investors with an exceptionally rare opportunity to complete the creative office transformation of CityCenter with only strategic aesthetic improvements.
Jaime Fink
Jaime Fink
Senior Managing Director
Licensed in
471.010204;54163;54163
Jeff Bramson
Jeff Bramson
Senior Managing Director Office Head
Licensed in
471.009696

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