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MillerCoors LLC said Wednesday it has signed a 15-year lease for office space in its new headquarters of Chicago, according to the Associated Press.

The company - a joint venture of SABMiller's U.S. unit and Molson Coors Brewing Co. - said it will take over approximately 130,000 square feet of the building in June 2009. 

In an effort to save on costs, about 400 employees will work there - including senior executives, as well as employees in marketing, human resources, legal, finance and other divisions.

Many of the employees will be shifted from SABMiller's U.S. headquarters in Milwaukee and Molson Coors' headquarters in Golden, Colo. About 150 will be coming from each city, spokesman Julian Green said.

MillerCoors Chief Executive Leo Kiely said in a statement MillerCoors will also maintain "significant operations" in both those cities, and plans to make major investments in those breweries and stay connected to the communities.

"Milwaukee will always be the home of Miller beer, and Golden will always be the home of Coors beer," Kiely said.

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