Eight Eleven Group Leases 7,500 SF
North Wells Capital, owner of HUB640, 640 N. Vel R. Phillips Ave. in Milwaukee’s Westown neighborhood, announced that Indianapolis-based Eight Eleven Group is opening a second Milwaukee office location in the building.
Eight Eleven Group (www.eightelevengroup.com) is a leading human capital solutions firm specializing in technology and business support across a variety of industries. With physical locations in 28 markets across the country, Eight Eleven Group is one of the top 10 largest staffing and consulting firms in the United States. In Wisconsin, the company has 22 direct employees and oversees 330 independent consultants with growth plans to 400 by the end of the year.
“For the sales team of Eight Eleven, it was an easy decision to move to a vibrant office building such as HUB640. Phenomenal amenities, state-of-the-art finishes -- not to mention, nearby projects such as Third Street Market Hall and the convention center pushed this office location over the top. Eight Eleven can’t wait to welcome future tenants as neighbors,” said Mike Cole with Terra Real Estate, who represented the tenant in the transaction.
Eight Eleven Group moved some Milwaukee employees to HUB640 late last week. Employees will temporarily occupy a spec suite within the building while they await the buildout of the permanent office suite on the third floor. Milwaukee representatives of Eight Eleven Group indicate a strategic growth plan at this new location- with plans to add 5 additional employees this year, and 7-10 next year.
“The Eight Eleven Group lease announcement is one of several recent lease and development transactions in the Westown neighborhood,” said Tony Lindsay, Principal with North Wells Capital, “We are excited to partner with a dynamic, creative organization such as Eight Eleven Group and look forward to their continued growth and success at HUB640, along with continued leasing momentum at the building.”
Purchased in 2017 by North Wells Capital, the 120-year-old Milwaukee building was formerly home to the corporate offices of The Bon-Ton Stores Inc. and its longtime Boston Store. Fully renovated in the years following, HUB640 offers a new office lobby, amenity floor inclusive of conferencing center, rooftop deck with indoor/outdoor tenant lounge space, fitness center with locker rooms, showers, and barre room. In late 2020, North Shore Healthcare committed to the building, leasing 23,000 SF of office space on the second floor of the building.
John Davis and Ned Purtell of Founders 3 represented the landlord in the transaction.