Milwaukee office insight - Q2 2018

Leasing activity was driven by tenant relocations within their respective submarkets, demonstrating the continued strength of tenant leverage in lease negotiations with landlords. Ernst & Young moved from 875 E Wisconsin to 833 E Wisconsin in Downtown East. National General Insurance moved from 501 W Michigan to 1515 N Rivercenter in Downtown West. R&R Insurance moved their near 60,000 s.f. headquarters within the Waukesha / Pewaukee submarket. Many Milwaukee tenants have found savings in rent expense and increased concession offerings when choosing to relocate rather than renew.

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