Schlitz Park recently annouced that HSA Bank, a division of Webster Bank, N.A., has extended the lease on its 57,517-square-foot existing space and will expand its Schlitz Park location by 10,725 square feet.
The expansion will be home to HSA Bank’s Milwaukee-based team, and is expected to be ready for occupancy this summer.
HSA Bank is located on the second floor of Schlitz Park’s RiverCenter building at 1515 N. RiverCenter Drive. It first moved into 16,000 square feet of space at Schlitz Park in August of 2014 and cited the convenient downtown location, aesthetics, free parking and plentiful amenities of the riverfront office complex as key to attracting new employees.
Since then, HSA Bank has nearly tripled its Milwaukee employee count to 335, totaling 625 employees across the country including those in the Sheboygan, Wisconsin, office and remote staff.
Founders 3 Real Estate Services’ Ned Purtell, partner, and Jenna Maguire, broker associate, represented Schlitz Park. JLL’s Drew Saunders, managing director and Integrated Portfolio Services lead, and Dan Jessup, executive vice president, represented HSA Bank in negotiating the latest HSA Bank Schlitz Park lease.
The HSA Bank lease extension and expansion is the first of several leasing announcements Schlitz Park expects to make in the coming months.