Milwaukee Post Office Sold to Chicago Developer
Posted: Oct 12, 2015 6:29 PM CDT | Updated: Oct 12, 2015 9:01 PM CDT
Milwaukee's downtown post office will be sold to a Chicago based developer for more than $12.8 million.
The asking price for the building was $12.8 million and brokers of the deal tell CBS 58 the developers paid more than the asking price.
The post office will have leasing options that can keep it in that building for the next 50 years or until 2065. The post office has been using the building since 1970.
It is unclear at this point whether or not the developer has reached out to the post office to ask them to move out of the space
Stay with CBS 58 on this developing story.