March 4, 2020 – West Bend, WI – American Commercial Real Estate, an American Companies affiliate, has signed a 10-year lease to Stifel, one of the nation’s leading full-service wealth management and investment banking firms, for occupancy in the new Water Street Suites.
The anchor tenant is the first to commit to the new space, planning to occupy 7,035 square feet of Class A office space within the 15,500-square-foot facility. Both of Stifel’s existing West Bend offices will be consolidated into this new location once construction is complete this fall.
“I’ve had the pleasure of working as the property manager for Stifel at their current location on 18th Avenue since 2009,” said Jo Sadownikow, Principal of American Commercial Real Estate. “We explored many options and I’m pleased to be able to continue this relationship with them at Water Street Suites.”
“Downtown West Bend is a highly-desirable destination for new and expanding businesses,” said City Administrator Jay Shambeau. “With the transformation of the Riverwalk, and this exciting site redevelopment, we are exploring all economic development opportunities that will support and enhance the community.”
American Construction Services began site construction in mid-February for the Water Street Suites and a 68-room Marriott TownePlace Hotel, located on an adjacent property. Construction began shortly after the February 7 sale of 3.3 acres from the City of West Bend, a portion of the site formerly home to Gehl Company’s manufacturing facility.
“We could not be happier to make our new home in this exciting development in the historic heart of our community,” said Matt Andrews, Senior Vice President of Investments for Stifel. “We’re proud to be a part of downtown West Bend. Our new office will greatly benefit our eleven financial advisors as well as their clients.”
Established in 1890, Stifel serves clients from more than 400 offices across the nation and ranks as the nation’s seventh-largest full-service investment firm in terms of number of financial advisors. It is a leading provider of investment banking services to the middle market, a top-ten municipal bond underwriter, and home to one of the industry’s largest equity research franchises. Parent company Stifel Financial Corp. is publicly traded on the New York Stock Exchange under the ticker symbol “SF” and has achieved twenty-four consecutive years of record net revenues.
For additional details about availability in the Water Street Suites, contact Jo Sadownikow at 414-303-1837 or Adam Williquette at 262-424-3217 of American Commercial Real Estate.
About American Companies
American Companies is a full-service Commercial Design / Build / Develop / Real Estate firm comprised of four distinct entities: American Construction Services (ACS), American Architectural Group (AAG), The Valor Company, and American Commercial Real Estate (ACRE). Since 1980, ACS and AAG have built a solid reputation through their expertise in construction management, architectural design and structural engineering. The Valor Company, a commercial property management firm, was established in 2001, and ACRE was added in 2018 to round out the portfolio by offering property sales, leasing management and investment services.
American Companies is based in West Bend, Wisconsin, and serves the northernmost Midwest states. It specializes in commercial and industrial buildings, including hospitality, medical, retail and multi-family facilities.
At American Companies, our job is to allow you to do yours.
About Stifel, Nicolaus & Company, Incorporated
Established in 1890, Stifel is one of the nation’s leading full-service wealth management and investment banking firms.
Stifel serves clients from more than 400 offices across the nation and ranks as the nation’s seventh largest full-service investment firm in terms of number of financial advisors. We are also a leading provider of investment banking services to the middle market, a top-ten municipal bond underwriter, and home to one of the industry’s largest research franchises. Our Stifel Bank subsidiary provides a comprehensive range of banking services.
Our parent company, Stifel Financial Corp., is publicly traded on the New York Stock Exchange under the ticker symbol “SF” and has achieved 24 consecutive years of record net revenues.