875 East Wisconsin
Irgens and other cash equity investors combined forces to finance this 225,000 square foot office project on a complicated urban site. Irgens assembled the project team, attained government approvals and entitlements, secured construction financing and pre-leased 45% of the building prior to groundbreaking. It opened at 98% occupancy and currently serves as a headquarters location for several promienent tenants including Ernst & Young, LLP and Roundy’s Corporation. In 2006 Irgens brokered a sale of this property which more than tripled the investors’ return on equity.
“While it sounds odd to say, it’s rare in business when someone simply does what they say they are going to do, and does it on time.”