News Summary
George Oliver, ex-CEO of Johnson Controls, has sold his University Club Tower condominium for $2.2 million to Harris Turer, CEO of the Milwaukee Admirals. The two-bedroom, 2.5-bathroom unit is located in a prominent high-rise building completed in 2007 and valued at over $2 million. Oliver, who led Johnson Controls until 2025, will remain with the company as chairman until July 2025 and as an advisor until December 2025. This sale highlights the connection between business leaders and high-end real estate in Milwaukee.
Milwaukee
George Oliver, the former CEO of Johnson Controls, has sold his condominium in the University Club Tower for $2.2 million. The new owner is Harris Turer, the CEO and owner of the Milwaukee Admirals, as confirmed by state property records.
The condominium, located in one of Milwaukee’s notable high-rises, features two bedrooms and 2.5 bathrooms. According to city records, the assessed value of the property is $2,064,900. The University Club Tower, completed in 2007, consists of 53 residential units within its 37-story structure, making it a prominent fixture in the downtown Milwaukee skyline.
George Oliver’s Career and Tenure at Johnson Controls
Oliver led Johnson Controls from 2017 until March 2025, playing a crucial role in the company’s strategic direction. Before taking on the CEO role, he served as president and COO, where he managed the integration of Johnson Controls and Tyco following their $16.5 billion merger in 2016. His career began at Tyco in 2006 as president of Tyco Safety Products, later becoming CEO and a board member.
Even after stepping down as CEO, Oliver will continue to serve as the non-executive chairman of the Johnson Controls board until July 31, 2025. He will also function as an advisor to the company until December 31, 2025.
Background on Johnson Controls
Johnson Controls, which has its headquarters in Glendale, Wisconsin, is a multinational corporation known for its technology and management solutions related to energy efficiency and sustainability. The company has a considerable presence in various sectors, including automotive batteries, building products, and HVAC systems.
Harris Turer and His Business Ventures
Harris Turer has been a significant figure in Milwaukee sports, having led a group of local businessmen to purchase the Milwaukee Admirals from the estate of Jane Bradley Pettit in April 2005. In addition to his role with the Admirals, Turer has been a minority owner of the Milwaukee Brewers since late 1996, further solidifying his status in the local sports community.
The University Club Tower
The University Club Tower stands as a notable residential building in downtown Milwaukee, reflecting modern urban living. Its mix of luxury condo units, amenities, and prime location appeal to a variety of residents, including prominent business leaders and professionals. With its height and architectural design, it contributes to the skyline of Milwaukee and is well-regarded among the city’s real estate offerings.
This recent sale marks a notable real estate transaction involving prominent figures within the Milwaukee community, illustrating the intersection of business leadership and urban living within the city.
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Additional Resources
- BizTimes: Former Johnson Controls CEO sells downtown condo
- Johnson Controls Press Release: Commitment to Workforce Development
- Urban Milwaukee: Johnson Controls Former HQ Development
- Google Search: Johnson Controls
- PR Newswire: Johnson Controls Heat Pumps
- Wikipedia: Johnson Controls
Author: STAFF HERE MILWAUKEE WRITER
MILWAUKEE STAFF WRITER The MILWAUKEE STAFF WRITER represents the experienced team at HEREMilwaukee.com, your go-to source for actionable local news and information in Milwaukee, Milwaukee County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Summerfest, Milwaukee Film Festival, and the Milwaukee Boat Show. Our coverage extends to key organizations like the Metropolitan Milwaukee Association of Commerce and Visit Milwaukee, plus leading businesses in manufacturing and brewing that power the local economy such as Harley-Davidson and MillerCoors. As part of the broader HERE network, we provide comprehensive, credible insights into Wisconsin's dynamic landscape.
