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The Huron Building Tour
November 11 @ 9:00 am - 10:00 am
Join CARW for an exclusive tour of J. Jeffers & Co’s latest project the Huron Building — winner of this year’s CARW Deal of the Year Judge’s Choice Award! CARW Members are invited for coffee and to join the Huron team for small group tours at 9, 10 & 11 am on Wednesday, November 11th. CDC guidelines and recommendations will be observed.
The Huron Building is Milwaukee’s newest Class-A office and retail development. At the intersection of the Third Ward and the Historic Financial District, the Huron Building offers the finest in modern office amenities at one of the City’s most vibrant and visible locations. With over 163,000 square feet of office space and 10,000 square feet of double-volume retail space, the Huron Building is poised to be a popular location for anyone seeking to be at the center of everything Milwaukee has to offer.
Wednesday, November 11th at 9 AM, 10 AM & 11 AM. Each tour limited to 10 people.
Additional detail related to the deal:
The Huron Building in downtown Milwaukee signed Husch Blackwell for a 15-year 77,000 square foot ofﬁce lease representing 47% of the rentable area. Given the size of the lease, the developer, J. Jeffers was able to obtain construction ﬁnancing through Associated Bank based entirely off the anchor tenant. Jeffers then pitched the deal on the CrowdStreet.com online equity placement platform, and raised $22 million dollars from 400 individual investors, setting a national record and generating national attention to the Milwaukee ofﬁce market. The Huron site was identiﬁed by the City of Milwaukee as a top ten “catalytic sites” referred to as the “Broadway Connection” in the City’s Downtown Plan. The City sought to approve a site that would overcome the divide of the I-794 highway and connect the Third Ward and Downtown Ofﬁce Market. The new building will generate over $50 million in tax increment, and was ﬁnanced without tax incremental ﬁnancing. The City, in turn, committed to funding a $3.8M dollar streetscaping project under the I-794 highway along Broadway and Clyborn Street.