Allspring Global Investments Plans Move to Downtown Milwaukee
CHARLOTTE, N.C., Jan. 17, 2024 /PRNewswire/ -- Allspring Global Investments (Allspring), a global asset management firm with $580 billion in assets under advisement*, today announced plans to move its substantial Wisconsin operations to a new location in downtown Milwaukee. The firm has leased 417 East Chicago Street in its entirety and expects to move its portfolio management, distribution, and support teams in the region to the new space starting early next year after renovations are complete.
- $580B asset manager will occupy 42,000-square-foot building in the Historic Third Ward, renewing longstanding commitment to Wisconsin presence
CHARLOTTE, N.C., Jan. 17, 2024 /PRNewswire/ -- Allspring Global Investments (Allspring), a global asset management firm with $580 billion in assets under advisement*, today announced plans to move its substantial Wisconsin operations to a new location in downtown Milwaukee. - "That's why it's gratifying to be part of this next chapter in our history, so much of which has been written right here in the Midwest."
- The new location in Milwaukee's vibrant Historic Third Ward is just blocks from the Lake Michigan waterfront; the popular Milwaukee Public Market; and the downtown streetcar network known as The Hop, which connects to train and bus service at the Milwaukee Intermodal Station.
- As part of the move, employees will relocate from Allspring's nearly 40-year-old campus in Menomonee Falls, Wisconsin, just northeast of Milwaukee, with occupancy expected in early 2025.