Mohr Partners Inc. Represents Douglas Dynamics in the Lease of a New Headquarters
June 30th, 2021 | Press Releases
Dallas, TX, June 30, 2021– Mohr Partners, Inc. (“Mohr”) announces the firm represented Douglas Dynamics in the full-floor lease of a new Executive Headquarters in recently renovated One Park Plaza, located in Milwaukee, Wisconsin.
Mohr’s Corbin Bengston and Elizabeth Loving represented Douglas Dynamics in the transaction. JLL represented the landlord of the property, Sovereign Partners LLC.
Through extensive research, the Mohr team was able to identify the submarket most suitable to the company’s brand, employee base, and potential for recruitment in a competitive market. They vetted several buildings before deciding on One Park Plaza, due to the proximity to their existing operations facility and minimal impact for current employees.
This lease was essential for Douglas Dynamics to expand their presence in the Milwaukee area and commitment to the community. One Park Plaza allows for additional space for manufacturing and distribution operations to expand within the company’s original headquarters, which they’ve called their home for more than 30 years.
Bob Young, with Douglas Dynamics stated, “As a company we evaluated different submarkets and during the pandemic we were doing the exact opposite as most companies, continuing to grow our business and leadership team. Ultimately, we choose Park Plaza based on location, easy access for our executive team, and its amenities. Thanks to Corbin and his team for the amazing job they did uncovering the best opportunities and negotiating a favorable Lease with the Landlord.”
About Mohr Partners, Inc. Mohr Partners, Inc. is a global corporate real estate advisor, providing corporate tenants with an integrated set of portfolio services including strategic planning, business intelligence, lease administration/accounting & FASB ASC 842 compliance, research and site selection, labor analytics, project and construction management, comprehensive demographics analysis, economic incentives negotiations and transaction management. Since 1986, Mohr has been managing real estate portfolios for corporations, and each year completes transactions for its clients in all 50 U.S. states, all provinces of Canada and locations around the world. Mohr seamlessly provides corporate real estate services globally through its strategic alliance partners in Canada, Mexico/Latin America, EMEA and Asia Pacific. For more information on Mohr, please visit www.mohrpartners.com.