Associated Bank completes loan for acquisition of Waukesha, Wis. industrial building

CHICAGO - September 15, 2025 - Associated Bank announced the completion of a $6,500,000 term loan for Capital Partners for the acquisition of Ridgeview Industrial Center IV in Waukesha, Wisconsin. The 89,405-square-foot industrial, built in 2003 and remodeled in 2023, is 100-percent leased to two tenants. The building is strategically located just off the intersection of Interstate 94 and Redford Boulevard, with logistic access to Interstates 41, 43, and 94 which provides efficient regional and national transportation access.

Capital Partners focuses on the ownership and management of industrial properties, industrial building development and property management services. The company currently manages 16.2-million square feet of industrial property with a 97-percent occupancy over the past two decades.

Randy Stille, a senior vice president with Associated Bank's Commercial Real Estate, handled the loan arrangements and closing, saying: "Associated Bank was pleased to assist Capital Partners with this acquisition that expands its holdings in the Milwaukee industrial market." Associated Bank's Commercial Real Estate division is committed to providing commercial real estate developers/owners/operators with an array of financing solutions, in addition to products and services that meet their unique needs. The division has offices in Illinois, Indiana, Michigan, Minnesota, Missouri, Ohio, Texas and Wisconsin.

ABOUT ASSOCIATED BANC-CORP

Associated Banc-Corp (NYSE: ASB) has total assets of $44 billion and is the largest bank holding company based in Wisconsin. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from nearly 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois, Minnesota and Missouri. The company also operates loan production offices in Indiana, Kansas, Michigan, New York, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at https://www.associatedbank.com