Resort, movie show and restaurant operator Marcus Corp. introduced Monday that it plans to maneuver its company headquarters to the Related Financial institution River Heart, 111 E. Kilbourn Ave., in downtown Milwaukee.
The corporate is at the moment headquartered about two blocks away on the 100 East constructing, which was bought earlier this yr and is to be transformed into flats, necessitating workplace tenants within the constructing to maneuver out.
Marcus Corp. will lease 52,000 sq. toes of area on the Related Financial institution River Heart, the place the corporate’s 200 company workers might be primarily based, an announcement says.
“We wish to say we’re within the ‘individuals getting collectively’ enterprise,” stated CEO Greg Marcus. “I’m thrilled our new workplaces will do exactly that for our associates as we work to construct nice careers and make a distinction for these we serve.”
The Related Financial institution River Heart constructing has undergone latest renovations led by proprietor Related Financial institution, together with the latest opening of a brand new cocktail lounge overlooking the Milwaukee River, Knockbox Espresso & Market, Toro Tacos & Bowls and On Rye.
Positioned close to Water Road and Kilbourn Avenue, the Related Financial institution River Heart is a part of a fancy that features the Saint Kate lodge, which is owned and operated by Marcus Corp. That proximity was among the many causes the corporate says it chosen the constructing for its future headquarters, based on the announcement.
Marcus labored with the Milwaukee workplace of CBRE on the search. Colliers|Wisconsin is the itemizing brokerage that represented Related Financial institution. Eppstein Uhen Architects of Milwaukee is designing Marcus’ future area within the constructing.
100 East, which went into foreclosures in 2021, is slated to be transformed to 350 luxurious flats. Marcus Corp. and Gruber Law Offices are the final remaining giant tenants within the 35-story workplace tower.
Marcus Corp. will transfer to its new location in late spring or early summer season 2024, based on the announcement.
