The federal government will move the Milwaukee FBI office from downtown Milwaukee to the St. Francis building in 2016. The federal government signed a 20-year lease for the FBI to occupy the building.
The building was sold by an affiliate of Stark Investments, which will move its headquarters later this month from the St. Francis building to the City Center at 735 complex at 735 N. Water St. in downtown Milwaukee.
The St. Francis building, located along Lake Michigan, sold for well above its assessed value of $8.5 million, according to Milwaukee County records.
The FBI’s Milwaukee office is currently located in the Plaza East Office Center at 330 E. Kilbourn Ave. in downtown Milwaukee.