Chase Tower (Milwaukee)
| Company type | Commercial office building |
|---|---|
| Industry | Real estate, office space |
| Founded | 1961 |
| Headquarters | Milwaukee , United States |
Area served | Milwaukee, Wisconsin |
| Owner | Group RMC |
Chase Tower
The Chase Tower stands as a 22-story skyscraper located in the heart of Milwaukee, Wisconsin. Designed in the International style, its exterior is distinguished by a dark green, almost black, appearance. Positioned at the intersection of East Wisconsin Avenue and North Water Street beside the Milwaukee River, the building encompasses approximately 260,000 square feet of office space and includes a parking garage with 746 spaces.
Among its current occupants are a Chase Bank branch featuring an underground vault, Milwaukee Public Radio (WUWM), various dining establishments, and office spaces for JPMorgan Chase, Empower Retirement, as well as the law firm O’Neil, Cannon, Hollman, DeJong & Laing. The tower is linked via skywalks to both its parking facility and the Shops of Grand Avenue across the river through the ASQ Center. It continues to serve as a prominent commercial office building under the ownership of Group RMC and management by CBRE.
History
Originally completed in 1961, this structure was known as Bank One Plaza before its merger with Chase. Before that period, it functioned as Marine Bank’s headquarters and was named Marine Plaza. Group RMC took ownership of the property in 2021, with CBRE overseeing its management.
It ranks as the 18th tallest building in Milwaukee and held the position of the city’s second tallest from its completion until 1973, when the U.S. Bank Center was finished.
In June 2016, the Farbman Group acquired the property for $30.5 million from Brookfield Real Estate Opportunity Fund and invested in enhancements including upgrades to lobbies, shared spaces, amenities, and the parking garage.
Following Group RMC’s purchase in November 2021, a repositioning plan was launched to elevate the tower to Class A office status. Renovation efforts have involved a multimillion-dollar refurbishment of the Water Street lobby, introduction of new tenant-focused facilities such as a fitness center, lounge area, conference room, along with refreshed elevator lobbies and restrooms on multiple floors. Leasing responsibilities are managed by Colliers International in coordination with CBRE.