Thread regarding AT&T layoffs

720 Broadway - Milwaukee

I know the building has been sold for about $30 million.

Does anyone know if it was a lease back deal?
Are there still AT&T employees in the building? Same groups?
Has the new owner indicated any future plans for the building? Back in the day when I worked there it was already a real dump. Just curious what the current situation is.

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| 1241 views | | 11 replies (last August 22, 2022) | Reply
Post ID: @OP+1ifEJKOn

11 replies (most recent on top)

I think there is a collections group there yet and maybe a finance group. I can't imagine there are many tenants left.

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Post ID: @6ene+1ifEJKOn

Riverwood data center had engineering and network folks. All moving to broadway so I’m told.

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Post ID: @2ypl+1ifEJKOn

Mike Abdul is looking for packages. Jack Hammer Packages like Zed from Pulp Fiction.

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Post ID: @2zvo+1ifEJKOn

Who currently works in Riverwood? I thought that was all sales and sales support but could be mistaken.

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Post ID: @2ego+1ifEJKOn

That building was a dung ho-e in 1980.
Violence, rats, roaches, filth.

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Post ID: @1qrj+1ifEJKOn

Yep, got it for a song and dance!

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Post ID: @1hww+1ifEJKOn

For $30M, the buyer got a tremendous deal.

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Post ID: @1wzw+1ifEJKOn

Riverwood employees are moving to broadway so it’s rented back. For who knows how long.

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Post ID: @1bxg+1ifEJKOn

I guarantee the rent is cheaper than the repairs the owners will have to make. Buyer will lose money.

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Post ID: @1oba+1ifEJKOn

Ro--h factory

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Post ID: @1omd+1ifEJKOn

Are you saying that it's a mold nursery or a above ground garbage dump?
Inquiring minds.

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Post ID: @bak+1ifEJKOn

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