September 25, 2023

🔒 Annex Wealth Administration to maneuver HQ to Brookfield

Annex Wealth Administration right this moment introduced plans to maneuver its company headquarters from Elm Grove to Brookfield in early 2024.

The agency will occupy almost 50,000 sq. ft of area at 17950 W. Company Drive. Annex will occupy your complete third ground and half of the second ground of the three-story, 80,000-square-foot constructing, which is positioned alongside the north facet of I-94 within the Brookfield Lakes Company Middle. As a part of the lease deal, Annex Wealth Administration may have signage on the constructing seen from the freeway.

The constructing is about 4 miles west of Annex Wealth Administration’s present headquarters workplace at 12700 W. Bluemound Street in Elm Grove. The agency additionally has workplaces in downtown Milwaukee; Appleton; Delafield; Mequon; Madison; Naples, Florida and Libertyville, Illinois.

Annex Wealth Administration was based in 2000.

“Via the years, Annex management has rigorously constructed a plan anticipating the staff development required to fulfill and exceed consumer expectations. The plan has at all times included a transfer to a bigger dwelling,” mentioned Annex Wealth Administration president and chief government officer Dave Spano. “We’re assured this transfer gives room for continued development – and even higher stability. Annex locations nice worth on staff collaboration to help our tradition of service. The brand new area gives extra alternatives for our whole staff to work collectively to serve present and future shoppers.”

Annex Wealth Administration says its new headquarters workplace may have extra assembly rooms for consumer opinions, expanded content material creation services, and extra working area for its rising staff. Renovation work on the area has already begun.

New York-based Sentinel Actual Property Corp., which owns the constructing, can also be doing a significant renovation to the foyer and customary areas of the constructing. The mission will embody a convention facility and health heart that will probably be completely accessible to tenants. A brand new out of doors patio will supply entry to the Brookfield Lakes Company Middle strolling trails.

FedEx has leased your complete constructing since 2013, however its lease is expiring and the corporate didn’t renew its lease there. With the Annex lease, half of the second ground and your complete first ground of the constructing is out there.

“That is the primary time in 10 years that we have had availability on the property, and the timing couldn’t be higher for Annex to relocate to Brookfield Lakes,” mentioned Martin Cawley, managing director at Sentinel Actual Property Corp. “Our constructing is already one of the vital optimally located within the advanced, with ease of entry to Interstate 94 and the abundance of retail and eating alongside Bluemond Street. With the renovations we’re making and facilities we’re including, we anticipate the remaining area to be in excessive demand.”

The constructing was initially developed by Milwaukee-based Hammes Co. It was in-built 1989 for Wisconsin Bell and was occupied by its successor, AT&T, till 2010. The constructing was vacant from then till FedEx leased it in 2013.