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Developers Acquire ‘Irreplaceable’ Data Center in Downtown Milwaukee

Buyers Plan Upgrades for Wells Building as Technology Property Demand Grows
The historic office building at 324 E. Wisconsin Ave. in downtown Milwaukee functions largely as a data center and "carrier hotel" for 25 internet networks. (CoStar)
The historic office building at 324 E. Wisconsin Ave. in downtown Milwaukee functions largely as a data center and "carrier hotel" for 25 internet networks. (CoStar)
CoStar News
October 8, 2020 | 2:08 P.M.

A partnership between two investors who focus on nontraditional real estate closed on a regionally significant 15-story communications and technology center in downtown Milwaukee, amid a national trend of investors acquiring less typical properties such as data centers and laboratory space during the pandemic.

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