The Marcus Corporation Announces New Corporate Headquarters in Milwaukee
November 13 2023 - 4:48PM
Business Wire
Long-standing member of downtown community to
move to Associated Bank River Center in 2024
The Marcus Corporation (NYSE: MCS) announced today that it will
be relocating and expanding its corporate and divisional
headquarters to the Associated Bank River Center located at 111
East Kilbourn Avenue in Milwaukee. The company will move to its new
location in late spring or early summer 2024.
“For more than 70 years, The Marcus Corporation has called
downtown Milwaukee home,” said Gregory S. Marcus, chief executive
officer of The Marcus Corporation. “Through our businesses, our
philanthropy, our community service, and our workplace, we remain
deeply committed to contributing to the vibrancy of our hometown.
We like to say we are in the ‘people getting together’ business.
I’m thrilled our new offices will do just that for our associates
as we work to build great careers and make a difference for those
we serve.”
Working with Milwaukee-based Eppstein Uhen Architects, the new
52,000 square foot office space will be built to meet the company’s
functional, design and aesthetic specifications. The Associated
Bank River Center is nearby many city attractions, including being
adjacent to Marcus Hotels & Resorts’ award-winning Saint Kate –
The Arts Hotel. The newly renovated office tower also features a
100+ person state-of-the-art conference facility, a tech lounge,
health club and a dedicated Associated Bank branch.
“After six years of thoughtful renovation and investment, the
Associated Bank River Center today brings together leading
Milwaukee arts, finance, business, cuisine and tourism communities
under one roof,” said Andy Harmening, president and CEO of
Associated Bank. “Like The Marcus Corporation, we have been doing
business in Milwaukee for decades, and we are continuing to deepen
our investment in this city more and more. With the River Center,
we wanted to provide a gathering space that intersects work, play
and stay for locals and visitors alike in the heart of downtown. As
a result, we’re delighted to welcome The Marcus Corporation and its
employees to our world-class facility.”
Approximately 200 Marcus Corporation, Marcus Hotels &
Resorts, and Marcus Theatres corporate associates will be based at
111 East Kilbourn Avenue. The company employs more than 3,400
associates in Wisconsin and more than 7,800 across the country. The
Milwaukee office of CBRE served as an advisor to The Marcus
Corporation on its search for a new corporate headquarters, while
Colliers represented Associated Bancorp. The Marcus Corporation’s
corporate office relocation follows the prior owner’s sale of the
100 East building, and the buyer’s planned conversion of the
building from office to residential.
About The Marcus
Corporation
Headquartered in Milwaukee, The Marcus Corporation is a leader
in the lodging and entertainment industries, with significant
company-owned real estate assets. The Marcus Corporation’s theatre
division, Marcus Theatres®, is the fourth largest theatre circuit
in the U.S. and currently owns or operates 993 screens at 79
locations in 17 states under the Marcus Theatres, Movie Tavern® by
Marcus and BistroPlex® brands. The company’s lodging division,
Marcus® Hotels & Resorts, owns and/or manages 15 hotels,
resorts and other properties in eight states. For more information,
please visit the company’s website at www.marcuscorp.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20231113973951/en/
For additional information, contact: Megan Hakes
megan.hakes@hprstrategies.com
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