Downtown Minneapolis Office Market

Downtown - North Loop - Mill District - Elliot Park - Loring Park
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Re: Downtown Office Market

Postby web » August 19th, 2014, 8:39 pm

Avian wrote:I miss Teener's. What a fun place to shop!
teeners was the place

John
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Re: Downtown Office Market

Postby John » August 20th, 2014, 10:06 am

web wrote:
Avian wrote:I miss Teener's. What a fun place to shop!
teeners was the place
Great for Halloween!

mattaudio
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Re: Downtown Office Market

Postby mattaudio » August 21st, 2014, 11:12 am

Washington Square sold for $100mm
http://www.startribune.com/blogs/272170681.html

Edit: Possibly most exiting is that the 25 First St N ramp shares owners with the undeveloped parcels on the block bounded by 1st St, 2nd St, 1st Ave N and Hennepin Ave (except for the small brick structure on 1st Ave N/2nd St). I've always wondered why that wasn't developed, possibly a tower on the Hennepin face and a Rampton-style wrap on the 1st Ave N face.

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Re: Downtown Office Market

Postby grant1simons2 » August 21st, 2014, 11:44 am

I want to be excited by this, but the same firm bought the City Center in 2012 and haven't done much with it.

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Nathan
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Re: Downtown Office Market

Postby Nathan » August 21st, 2014, 3:00 pm

grant1simons2 wrote:I want to be excited by this, but the same firm bought the City Center in 2012 and haven't done much with it.
but have explicitly stated they want to. they are probably shopping tenants and doing a lot of work you can't see... patience young one.

this block could be a amazing opportunity for a developer... residential units close to the river and the nic mall and downtown...

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TommyT
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Re: Downtown Office Market

Postby TommyT » August 21st, 2014, 3:04 pm

I might be crazy, blind, or just have never really looked.... but there are a few signs on the outside of City Center I noticed the other day that I haven't in the past. They are black with white letters and triangular with some store names on them. Anyone else notice this? Or know if they are new or I have always just missed them?

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Re: Downtown Office Market

Postby grant1simons2 » August 21st, 2014, 3:28 pm

I WANT TO BELIEVE! It's senior year, all patience has faded away. But yes I know they want to redo CC and I really want them to develop this block. This will for sure be an exciting year for downtown.

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Nathan
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Re: Downtown Office Market

Postby Nathan » August 21st, 2014, 3:45 pm

grant1simons2 wrote:I WANT TO BELIEVE! It's senior year, all patience has faded away. But yes I know they want to redo CC and I really want them to develop this block. This will for sure be an exciting year for downtown.
senior year is like your freshman year of life, if you're anxious now just get ready for more! lol

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Re: Downtown Office Market

Postby grant1simons2 » August 21st, 2014, 3:49 pm

Image

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Nathan
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Re: Downtown Office Market

Postby Nathan » August 21st, 2014, 3:51 pm

precisely.

John
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Re: Downtown Office Market

Postby John » August 21st, 2014, 4:09 pm

Nathan wrote:
grant1simons2 wrote:I want to be excited by this, but the same firm bought the City Center in 2012 and haven't done much with it.
but have explicitly stated they want to. they are probably shopping tenants and doing a lot of work you can't see... patience young one.
Yes, they are going to renovate the Nicollet Mall side. They are also speaking to potential large retailers for the Nicollet Mall side, however, nothing etched in stone yet. I'm hopeful we'll see something announced by this fall.

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Re: Downtown Office Market

Postby grant1simons2 » August 21st, 2014, 4:31 pm

Speaking of the City Center, dug this up. They advertising the retail space on their site

http://shorenstein.com/leasing/office-a ... t&dir2=asc

Edit: And they're already advertising Washington Square. Wow

http://shorenstein.com/portfolio/invest ... prop_descr

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Re: Downtown Office Market

Postby grant1simons2 » August 21st, 2014, 8:39 pm

2 sources have some information on a couple buildings bought by a Chicago company, South Street Capital, incorporated w/ Goldman Sachs.

http://finance-commerce.com/2014/08/chi ... t-offices/
http://www.chicagobusiness.com/realesta ... ice-market
Anyone have a clue which ones they are? It's 181,000 sf

HiawathaGuy
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Re: Downtown Office Market

Postby HiawathaGuy » October 2nd, 2014, 2:52 pm

Fast-growing tech startup LeadPages moving HQ to Warehouse District
http://www.bizjournals.com/twincities/b ... trict.html

Fast-growing tech startup LeadPages has leased about 18,500 square feet for a new headquarters in Minneapolis’ Warehouse District neighborhood.

The company will leave CoCo’s St. Paul co-working space for new digs at 251 1st Ave. N. in November or early December, said CEO Clay Collins. [...]

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Re: Downtown Office Market

Postby uptowncarag » October 2nd, 2014, 5:31 pm

HiawathaGuy wrote:Fast-growing tech startup LeadPages moving HQ to Warehouse District
http://www.bizjournals.com/twincities/b ... trict.html

Fast-growing tech startup LeadPages has leased about 18,500 square feet for a new headquarters in Minneapolis’ Warehouse District neighborhood.

The company will leave CoCo’s St. Paul co-working space for new digs at 251 1st Ave. N. in November or early December, said CEO Clay Collins. [...]

Small world, he used to live in my building in uptown. Congrats to him and his company.

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Re: Downtown Office Market

Postby mullen » October 8th, 2014, 12:21 pm


twinkess
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Re: Downtown Office Market

Postby twinkess » October 8th, 2014, 12:28 pm

That's my office building!

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Re: Downtown Office Market

Postby Azel » October 8th, 2014, 1:52 pm

What firm most recently leased space on floors 6 and 7 in Butler Square, where Aimia is going?

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Re: Downtown Office Market

Postby twinkess » October 8th, 2014, 1:55 pm

Depends on what side of Butler, but they might be taking the space Shea vacated on 6.

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Re: Downtown Office Market

Postby grant1simons2 » October 9th, 2014, 11:36 am

BTM Global moving further downtown to 330 S 2nd Ave for more space than they currently have for expansion.

http://www.bizjournals.com/twincities/b ... ntown.html


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