112 N. Adams Street property given to NeighborWorks Green Bay will be leased to not-for-profits

GREEN BAY, Wis. -- March 3, 2014 – Associated Banc-Corp extended its commitment to Downtown Green Bay today with the donation of its 20,000-square-foot building at 112 N. Adams Street to NeighborWorks Green Bay. NeighborWorks Green Bay, a not-for-profit community organization, will ensure that the property is dedicated to community development efforts and is expected to lease space at highly favorable rates to not-for-profit organizations performing important service in the community.

Associated Bank market president, Denis Hogan, explained that NeighborWorks was the perfect partner in this initiative because of the organization’s real estate development and property management expertise.

“There are two great outcomes from our collaboration with NeighborWorks Green Bay,” Hogan said. “We’re boosting the vitality of downtown Green Bay, while also contributing to the operating efficiencies and missions of two outstanding organizations playing critical roles in Brown County. The first two tenants will be the Brown County United Way and the Girl Scouts of Northwestern Great Lakes.”

“NeighborWorks Green Bay is extremely grateful for this very generous gift from Associated,” said Noel Halvorsen, executive director of NeighborWorks Green Bay. “This is a partnership that is such a positive for our organization, the non-profit organizations that will occupy this property, downtown Green Bay, and the community as a whole. We are proud that Associated has entrusted NeighborWorks Green Bay to be the steward of this investment in our community. Together, we’re building a better Green Bay.”

“The theme of LIVE UNITED is alive and well in Green Bay thanks to Associated,” said Greg Maass, president and CEO of the United Way of Brown County. “It’s the potential of partners like Associated Bank that make a difference for all in our community. We look forward to working with the Girl Scouts in the upcoming years.”

“We are very excited about this move,” said Gail McNutt, CEO of the Girl Scouts of Northwestern Great Lakes. “Not only does it improve our operating efficiencies, but more importantly, it brings us to a highly visible, central location in our community where we can network and collaborate with other non-profits to help support our mission of cultivating leadership characteristics in Girl Scouts of all ages.”

The 112 N. Adams building became available when, in the summer of 2013, Associated consolidated operations and moved into the newly renovated Associated Center at 433 Main St.