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PEWAUKEE, WI-Humana Wisconsin Health Organization Insurance Corp. has signed a 10-year lease at Great Lakes REIT’s Two Riverwood Place, bringing occupancy in the one-year-old building to 82%. The Oak Brook, IL-based REIT says the lease-up of the 99,000-sf suburban Milwaukee asset remains in line with original expectations despite the termination of a 34,000-sf lease in the building.

APW North America, Inc. had four years remaining on the lease and was current on its rent payments, Great Lakes REIT says, but Humana Wisconsin Health Organization also desired the space, which APW North America never occupied.

The health insurance company joins a tenant roster that includes Microsoft, Cisco Systems, Salomon Smith Barney and Eli Lilly, says Great Lakes REIT president and chief executive officer Pat Hunt.

The REIT’s 97,000-sf One Riverwood Place was 94.9% occupied, according to the company’s most recent quarterly report. Great Lakes’ 1.1-million-sf Milwaukee area portfolio—20% of its entire holdings—had a 78.4% occupancy rate at the end of the first quarter.

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