Quarles & Brady extends Milwaukee lease to 2025

By: Eric Heisig//June 2, 2014//

By: Eric Heisig//June 2, 2014//

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A sign for Quarles & Brady LLP marks the top of the office building at 411 E. Wisconsin Ave. in Milwaukee. (File photo by Kevin Harnack)

A Stamford, Conn.-based investment firm announced Monday that it purchased the 411 East Wisconsin Building in downtown Milwaukee, home to Quarles & Brady LLP since 1986.

Five Mile Capital Partners LLC bought the building for $74.3 million, according to a news release. The law firm’s lease was extended until 2025.

According to the release, the investment firm plans to make $17.5 million worth of repairs to the 30-story building, including renovations to the elevator system, heating and cooling system, lobby, roof and parking structures.

Quarles & Brady is the largest tenant in the building. The firm’s nameplate adorns the top of the building and its offices occupy the top eight floors.

Law firms von Briesen & Roper SC and Lindner & Marsack SC also have offices in the building.

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