DOCSLIB.ORG

MINNEAPOLIS/ST. PAUL MARKET OVERVIEW the Twin Cities Is One of the Top-Performing Markets in the Nation to Work, Shop and Live

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
MINNEAPOLIS/ST. PAUL MARKET OVERVIEW the Twin Cities Is One of the Top-Performing Markets in the Nation to Work, Shop and Live MINNEAPOLIS/ST. PAUL MARKET OVERVIEW The Twin Cities is one of the top-performing markets in the nation to work, shop and live. cushwakenm.com AREA OVERVIEW Navigating the Minneapolis/St. Paul Commercial Real Estate Market The “Twin Cities” of Minneapolis and St. Paul EXECUTIVE SUMMARY comprise a growing and vibrant metropolis with a diverse economic base, skilled labor pool and PROJECTIONSabundance FOR of cultural 2016 and recreational opportunities that make it one of the most important commercial centers in the United States. NEW CONSTRUCTION ABSORPTION MORE NEW CAPITAL 4.4 msfTwin multi-tenant Cities is the dominantspace financial, manufacturing,2 msf expected in Debt and equity distributionunderway and transportation center betweenfirst half of 2016 Chicago and Seattle, which also makes it a singular magnet for regional talent unlike coastal MARKET QUICKmetropolises FACTS in close proximities. TWIN CITIES METRO DEFINITION The “Twin Cities” of Minneapolis and St. Paul form the core of a metropolitan region encompassing 6,046 square miles and consisting of 13 counties: Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, Washington, Isanti, Chisago, Sherburne and Wright in Minnesota, as “Nowell as otherPierce and place St. Croix mixes counties affordability, in Wisconsin. opportunity, andHOUSING wealth PRICES so ARE well.” UP The Twin Cities median single-family home price (as— The of Atlantic, fourth-quarter The Miracle of Minneapolis 2015) 2015 is $190,000, up 6% compared with $179,000 in fourth-quarter 2014. Source: Minnesota Association of Realtors A DIVERSE & RESILIENT ECONOMY LABOR FORCE MIX IS CONSISTENTLY SOLID UNEMPLOYMENT RATE IS DOWN LABOR FORCE MIX IS CONSISTENTLY SOLID The Twin Cities represents a broad range of As of November 2015, the Twin Cities unemployment MINING, LOGGING, industries.rate is the The lowest employment it’s been basesince does2000 not rely GOVERNMENT CONSTRUCTION 4% on any single*Not seasonallyindustry, drawingadjusted its strength OTHER SERVICES 13% 10% MANUFACTURING (PRIVATE) from a remarkably diverse business base and an 4% LEISURE & 9% TRADE, economy that is “knowledge-based, globalized, HOSPITALITY 18% TRANSPORTATION, entrepreneurial, IT-driven and innovation-based,” UTILITIES TWIN CITIES EDUCATION 16% 2% according to% Forbes. Such diversity enables this & HEALTH INFORMATION 2.7 8% market to better weather recessions% and economic 4.8 FINANCIAL PROFESSIONAL & 16% ACTIVITIES downturns. BUSINESS SERVICES No single industry accounts for more thanBUSINESS 20% of STRENGTHS the total employment in the Twin Cities. Major business strengths in the Twin Cities —include MN DEED a2016 highly educated workforce, excellent transportation services, a diverse economic base and available capital. The metro area is home to 16 Fortune 500 companies representing a broad spectrum of industries. The Minneapolis-St. Paul area’s employment base does not rely on any single industry, which allows it to weather recessions and economic downturns in specific industries. More per capita Fortune 500 companies than any other US metro region Greater MSP Workforce is one of the most qualified in the nation, #1 in workforce participation Greater MSP The 6th most inventive city worldwide Bloomberg Businessweek North Loop ranks as a Top 25 Destination in the World Forbes ABOUT 2 | Minneapolis/St.Paul Market Overview cushwakenm.com THE COMPASS REPORT CUSHMAN & WAKEFIELD/NORTHMARQ The report was created by experts using Twin Cities commercial property Cushman & Wakefield / NorthMarq operates the Minnesota business of Cushman & Wakefield, a data from the last six months of 2015. The data used for this report has been leading global real estate services firm that helps clients transform the way people work, shop, obtained from sources which we deem reliable. While every effort has been and live. The firm offers innovative solutions to its occupier and investor clients within the made to report accurate data, Cushman & Wakefield / NorthMarq cannot Minneapolis/St Paul region and around the world. A recognized leader in real estate research, the guarantee the accuracy of this market report. Furthermore, we cannot firm publishes a broad array of proprietary reports. assume responsibility for any omission of data which may occur. It is our intent to provide the best possible information regarding the Ranked #1 Commercial Real Estate Brokerage Firm & Commercial Property office, industrial, land, retail, multifamily and investment markets Management Firm by Minneapolis/St Paul Business Journal while leaving the reader the responsibility of further verification before using this report for business and/or financial decisions. More than $1 billion transactions annually The Compass report includes information for multi-tenant office, industrial and retail projects greater than 20,000 sq. 42 msf of assets under management ft. and multi-family for-rent properties. Not included are owner occupied, government or single-tenant buildings. Not all information and insights we’ve collected can be Top Places to Work by Star Tribune 3500 American Blvd W Suite 200 published in any given volume. Minneapolis, MN 55431 952 831 1000 / [email protected] Employs nearly 500 professionals cushwakenm.com WANT MORE MARKET INSIGHTS? READ THE FULL COMPASS REPORT AT NORTHMARQCOMPASS.COM 4 AREA OVERVIEW MARKET HIGHLIGHTS THE LAY OF THE LAND ANCHORS THE NINTH FEDERAL RESERVE More FORTUNE 500 Minneapolis is the head companies (17) per NINTH FEDERAL RESERVE DISTRICT of the Ninth U.S. Federal capita than any other Reserve District and serves US metro region as this district’s commercial — Forbes 2016 center. Comprised of Minnesota, Montana, North Dakota, South Dakota, western Wisconsin, and the Strong work ethic Upper Peninsula of Michigan, & entrepreneurial this region is an important spirit provide a 3.8% global oil/energy player. unemployment rate, lowest in the nation for MSA’s over 1 million THE STATE Trend setting #1 STATE FOR neighborhoods making BUSINESS the global map — North — CNBC Loop ranks as a TOP 25 destination in the world — Fodor’s 2016 THE TWIN CITIES 6th most inventive city worldwide... The Twin Cities it’s the birthplace of is located on the gamechangers like Mississippi River, encompassing 6,046 the pacemaker and square miles and supercomputer 13 counties. — Bloomberg Businessweek 2009 30.9 million visitors in Grown from a geographically strategic location 2014, outperforming The birthplace of Twin Cities’ economy most of its peer markets. began in the 1800s when companies like the 609 conventions and forerunners of Pillsbury and General Mills events hosted throughout sprang up along the St. Anthony Falls, the only St. Anthony major waterfall on the Mississippi River and Falls 2015 in Minneapolis, 14% ideal for water-powered mills. higher than 2014 3 | Minneapolis/St.Paul Market Overview cushwakenm.com STRONG CORPORATE PRESENCE “With 17 Fortune 500 Companies, Minneapolis has the highest concentration of Fortune 500 per capita nationally” — Fortune 2016 The Greater MSP region is a hub for thriving NATION’S LEADING MEDICAL companies. These companies attract international TECHNOLOGY MARKET recognition every year for their innovation, Known as “Medical Alley,” Minnesota leads in the medical sustainability, ethical leadership, brand value and technology sector, ranking #1 in medical employment, corporate citizenship. The region boasts the highest led by home-grown companies such as Medtronic, 3M and St. Jude in the manufacturing sector. The renowned per capita concentration of Fortune 500 public Mayo Clinic and the University of Minnesota are among company headquarters in the U.S. with 17 firms based local organizations that provide world-class healthcare here. The largest private U.S. company, Cargill, is based services and research, while innovative healthcare financial in Minneapolis along with numerous other multi-billion- companies such as UnitedHealth Group and Prime dollar private firms. Therapeutics provide cost-effective delivery solutions. HEADQUARTERED IN GREATER MSP FORTUNE 500 COMPANIES FORBES LARGEST PRIVATE COMPANIES GREATER FORTUNE REVENUE REVENUE MSP COMPANY 500 RANK COMPANY INDUSTRY (in billions) EMPLOYEES RANK RANKING (in billions) 1 UnitedHealth Group 6 $157.1 Farm 1 Cargill Products $120.4 153,000 2 Target Corporation 38 $73.7 Hotels, 3 Best Buy 71 $39.7 88 Carlson Restaurants, $4.6 110,000 & Leisure 4 CHS 84 $34.5 115 M A Construction $3.7 2,500 5 3M 93 $30.2 Mortenson 6 U.S. Bancorp 131 $21.4 Holiday Convenience 133 Companies Stores & Gas $3.2 6,000 7 Supervalu 160 $17.8 Stations 8 General Mills 161 $17.6 Rosen’s Food, Drink, 136 Diversified & Tobacco $3.2 4,000 9 Ecolab 206 $13.5 154 Schwan Food, Drink, $3.0 14,000 10 C.H. Robinson Worldwide 208 $13.4 Food & Tobacco 11 Land O’ Lakes 215 $13.1 188 Andersen Construction $2.4 9,000 12 Ameriprise Financial 232 $12.2 223 Taylor Media $2.0 10,000 13 Xcel Energy 257 $11.0 14 Hormel Foods 304 $9.2 Minneapolis-based Cargill earned the top spot on Forbes’ 15 The Mosaic Company 316 $8.8 annual list of America’s largest private companies for most of the last decade. Forbes’ 2016 list of privately held giants 16 Thrivent Financial 318 $8.7 includes eight Minnesota firms, six based in the Greater MSP 17 St. Jude Medical 465 $5.5 metro area. 4 | Minneapolis/St.Paul Market Overview cushwakenm.com SPOTLIGHT: MINNEAPOLIS CBD Minneapolis’s Central Business District features world-class daytime and evening amenities including restaurants, theaters, shopping and professional sports teams.
Load more

Recommended publications
  • Minneapolis Accessibility
    ACCESSIBILITY GUIDE TABLE OF CONTENTS MINNEAPOLIS ACCESSIBILITY Welcome Letter ..................................................................... 1 Introduction ........................................................................... 2 Getting Here .......................................................................... 3 Getting Around ....................................................................... 4 } Parking Information........................................................ 5 } Map ............................................................................... 13 Minneapolis Convention Center............................................ 14 Accessible Hotels ................................................................ 16 Accessible Dining................................................................. 17 Downtown Attractions .......................................................... 18 Equipment & Services ........................................................ 21 Equipment Rental................................................................. 23 Links & Additional Information ............................................ 25 2 DEAR VISITOR, On behalf of Meet Minneapolis Convention and Visitors Association and the Minneapolis Advisory Committee on People with Disabilities, we welcome you to our fine city. Meet Minneapolis markets the city as a premier destination for conventions and meetings, group tourism and leisure travel. Meet Minneapolis staff, its partners, local businesses, civic leaders and the community
    [Show full text]
  • Download Parking Guide
    Knox Ave S Lagoon Ave Lagoon The Mall The The Mall The W Lake St Lake W W 31st St 31st W James Ave S James Ave S James Ave S James Ave S James Ave S W 31st St 31st W W Lake St Lake W Lagoon Ave Lagoon Mall The The Mall The Irving Ave S Irving Ave S Irving Ave S Irving Ave S Irving Ave S W St 28th Lake of the Isles Pkwy E I rvi ng A ve W 31st St 31st W W Lake St Lake W S The Mall The The Mall The Lagoon Ave Lagoon Humboldt Ave S Humboldt Ave S W St 28th Humboldt Ave S Humboldt Ave S Humboldt Ave S Irving A ve S W St 25th Humboldt Ave S W St 26th W 31st St 31st W W Lake St Lake W Euclid Pl 27th St W St 27th Irving A Midtown Greenway ve S The Mall The The Mall The A ve S Holmes Ave S Holmes Ave S Ave Lagoon Irving IrvingA ve S Humboldt 28th St W St 28th A ve S W St 25th 26th St W St 26th W Lake St Lake W W 31st St 31st W Humboldt 27th St W St 27th A ve S Hennepin Ave S Hennepin Ave S Hennepin Ave S Hennepin Ave S Hennepin Ave S HumboldtA ve S HumboldtA ve S HumboldtA ve S HumboldtA ve S 28th St W St 28th 26th St W St 26th Hennepin Ave S W St 1/2 25 W 31st St 31st W W Lake St Lake W 25th St W St 25th Lagoon Ave Lagoon 22nd St W St 22nd 24th St W St 24th Hennepin Ave S GirardA ve S GirardA ve S GirardA ve S GirardA ve GirardA ve S GirardA ve S 28th St W St 28th GirardA ve S GirardA ve S 27th St W St 27th 25th St W St 25th Hennepin Ave S W St 24th Lagoon Ave Lagoon 22nd St W St 22nd 26th St W St 26th Fremont A ve S AFremont ve S FremontA ve S FremontA ve S FremontA ve S 28th St W St 28th Hennepin Ave S Van White Blvd (proposed) AFremont ve
    [Show full text]
  • SKYWAY OPERATIONS SUMMARY VERSION: Wednesday, March 10, 2021
    MINNEAPOLIS SKYWAY SYSTEM SKYWAY OPERATIONS SUMMARY VERSION: Wednesday, March 10, 2021 INFORMATION LIMITED TO BUILDINGS THAT HAVE REPORTED HOURS AND IS SUBJECT TO CHANGE BUILDING NAME STATUS CURRENT SKYWAY OPERATIONS 100 Washington SquareUPDATED Skyway access Monday ‐ Friday 6:00 a.m. to 6:00 p.m., closed Saturday and Sunday. 111 Washington SquareUPDATED Skyway access Monday ‐ Friday 6:00 a.m. to 6:00 p.m., closed Saturday and Sunday. 11th & Harmon Ramp Skyway access closed until further notice. 11th & Marquette Ramp (Orchestra Skyway access to Hilton Hotel: Monday ‐ Friday 6:00 a.m. to 6:00 p.m., closed Hall Ramp) Saturday and Sunday. Skyway access to Convention Center: Closed until further notice. 11th Street Underground Ramp Skyway access Monday ‐ Friday 6:00 a.m. to 6:00 p.m., closed Saturday and Sunday. 121 South 8th Skyway access Monday ‐ Friday 6:00 a.m. to 6:00 p.m., closed Saturday and Sunday. 323 Washington See information for Gateway Ramp. 330 South Second Building Skyway access Monday ‐ Friday 6:00 a.m. to 6:00 p.m. Closed Saturday and Sunday. 365 Nicollet Apartments Skyway access Monday ‐ Friday 7:00 a.m. to 6:00 p.m., closed Saturday and Sunday. 510 Marquette Skyway access via card access only. 517 Marquette Ramp Skyway access to Rand Tower Hotel: Monday ‐ Friday 7:00 a.m. to 6:00 p.m., closed Saturday and Sunday. Skyway access to Westin Hotel: Skyway access Monday ‐ Friday 6:00 a.m. to 6:00 p.m., closed Saturday and Sunday. Skyway access to Soo Line Building: Skyway access Monday ‐ Friday 6:00 a.m.
    [Show full text]
  • Nicollet Mall & 6Th Street Minneapolis, Minnesota
    NICOLLET MALL & 6TH STREET MINNEAPOLIS, MINNESOTA HOMEOFFICE SPACEPROPERTY AVAILABL FEATURESE LEASING LOCATION SITE PROPERTY FACTS PARKING For more information, please contact: BRENT ERICKSON MARK STEVENS KIM MEYER PETER FITZGERALD 612.305.2110 612.343.7114 952.893.8887 952.241.1111 BRENT ERICKSON [email protected] DUSIL [email protected] ERICKSON [email protected] [email protected] 612.305.2144 612.2.30305.5.21211010 801 Nicollet Mall, Suite 325 | Minneapolis, MN 55402 | cushwakenm.com NICOLLET MALL & 6TH STREET MINNEAPOLIS, MINNESOTA HOMEOFFICE SPACEPROPERTY AVAILABL FEATURESE LEASING LOCATION SITE PROPERTY FACTS PARKING PROPERTY FEATURES • Exceptional world-class 40-story office tower located along the rapidly transforming north end of Nicollet Mall. • Office tower is timeless glass and aluminum architecture with postmodern italian marble, terrazzo, and granite interior. • Top amenities included in the stunningly unified renovation. • Flexible floor plans with large glass lines and great views. • The curated hub for premium residences, retail, and restaurants. • Unique, creative space opportunity with Nicollet Mall exposure; 30,000 square feet. • 2 levels of retail including Caribou, D’Amico, Sprout and Fresh Market BUILDING FEATURES BUILDING SIZE 696,401 SF BUILDING CLASS A YEAR BUILT 1991 TOTAL AVAILABLE Office: 98,626 SF Retail: 9,123 SF MAXIMUM CONTIGUOUS Office: 31,595 SF Retail: 3,186 SF MINIMUM DIVISIBLE Office: 1,123 SF Retail: 350 SF LEASE RATE $18.00 - $21.00 Net - Highrise
    [Show full text]
  • Business Directory
    Business Directory 7 Steakhouse & Sushi 700 Hennepin Avenue Minneapolis, MN 55403 Phone: 612.238.7777 Fax: 612-746.1607 Website: http://7mpls.net/ We will provide a truly memorable dining experience through serving fresh, innovative, healthy foods using only the finest ingredients paired with professional and friendly service. Seven Steakhouse embodies the classic American steakhouse with a renewed elegance. Guests delight in our careful selection of choice steak, fresh seafood, and the near intimidating selection of wine from our two-story cellar. Seven Sushi is well known for imaginative creations as well as classic favorites, contemporary sushi with new wave Asian inspired dishes. With a modern warm atmosphere, Seven is perfect for special occasions, business affairs, or just a night out. 8th Street Grill 800 Marquette Avenue Minneapolis, MN 55402 Phone: 612.349.5717 Fax: 612.349.5727 Website: www.8thstreetgrillmn.com Lunch and dinner served daily. Full bar, patio seating and free Wi-Fi available to guests. Kitchen open until 1:00am Monday through Saturday and 10:00pm Sundays. Breakfast served Saturday and Sunday mornings. AC Hotel by Marriott 401 Hennepin Ave. Minneapolis , MN 55402 Phone: 303-405-8391 Fax: Website: AccessAbility 360 Hoover Street NE Minneapolis, MN 55413 Phone: 612-331-5958 Fax: 612-331-2448 Website: www.accessability.org ACE Catering 275 Market Street Minneapolis, MN 55405 Phone: 612-238-4016 Fax: 612-238-4040 Website: http://www.damicocatering.com/ace/ Atrium Culinary Express (ACE) provides drop-off service of D'Amico quality lunches, salads, desserts and hor d'oeuvres. Orders must be received 24-72 hours in advance.
    [Show full text]
  • National Register of Historic Places Continuation Sheet Minneapolis Y.M.C.A
    NPS Form 10-900 OMB No. 10024-0018 (Oct. 1990) United States Department of the Interior National Park Service National Register of Historic Places Registration Form This form is for use in nominating or requesting determinations for individual properties and di >ti National Register of Historic Places Registration Form (National Register Bulletin 16A). Comple by entering the information requested. If an item does not apply to the property being docume ited, architectural classification, materials, and areas of significance, enter only categories and subc entries and narrative items on continuation sheets (NPS Form 10-900a). Use a typewriter, word processor, or computer, to complete all items. 1. Name of Property historic name Minneapolis Y.M.C.A. Central Building_________________________ other names/site number N/A 2. Location street & number 36 S. Ninth Street (formerly 30 S. Ninth Street) N/A rj not for publication city or town _ Minneapolis N/A D vicinity MN state MN code county Hennepin code 053 zjp code 55402 3. State/Federal Agency Certification As the designated authority under the National Historic Preservation Act, as amended, I hereby certify that this 0 nomination D request for determination of eligibility meets the documentation standards for registering properties in the National Register of Historic Places and meejs the procedural and professional requirements set forth in 36 CFR Part 60. In my opinion, the property 'meets D does/rfotpfeet thf National Regster criteria. I recommend tha't this property be considered significant luation sheet for additional/comments.) Signature\>f ce*rtifyirigN>fficfaimtIe~ ian Ki btewart Deputy State Historic Preservation Officer State of Federal agency and bureau Minnesota Historical Society In my opinion, the property D meets D does not meet the National Register criteria.
    [Show full text]
  • REPORTED VERSION: Friday, March 20, 2020 HAVE REPORTED HOURS and IS HOURS and IS SUBJECT to CHANGE 5:00PM SUBJECT to CHANGE
    INFORMATION MINNEAPOLIS SKYWAY SYSTEM INFORMATION LIMITED TO MARCH 2020 SKYWAY OPERATIONS SUMMARY LIMITED TO BUILDINGS THAT BUILDINGS THAT HAVE REPORTED VERSION: Friday, March 20, 2020 HAVE REPORTED HOURS AND IS HOURS AND IS SUBJECT TO CHANGE 5:00PM SUBJECT TO CHANGE BUILDING NAME: STATUS CURRENT SKYWAY OPERATIONS: 100 Washington SquareNEW Normal skyway operations. 111 Washington SquareNEW Normal skyway operations. 121 South 8th Skyway to Forum 900: Monday ‐ Friday 5AM to 6PM, closed Saturday and Sunday. Skyway to Two22: Monday ‐ Friday 5AM to 6PM, closed Saturday and Sunday. Skyway to Baker Center: Normal skyway operations. 365 Nicollet Apartments Normal skyway operations. 701 4th Avenue Building Normal skyway operations. 811 LaSalle Building Skyway to LaSalle Plaza: 5AM to 9PM daily. Skyway to Dayton's Project: Normal operations. 950 Nicollet Mall Skyway to Young Quinlan: Closed until further notice effective 6PM, Friday, 03/20. Skyway to Target Plaza North: TBD. Skyway to St. Thomas: Normal skyway operations. Skyway to U.S. Bancorp: Normal skyway operations. AC Hotel Minneapolis Skyway access Monday ‐ Friday 7:30AM to 5PM, closed Saturday and Sunday. Ameriprise Financial Center Normal skyway operations. Baker CenterNEW Normal skyway operations. Butler Square Skyway access Monday ‐ Friday 6AM to 6PM, closed Saturday and Sunday. Canadian Pacific Plaza Normal skyway operations. Capella Tower Normal skyway operations. CenturyLink Building Normal skyway operations. Churchill Apartments Normal skyway operations. City Center Skyway access Monday to Friday 6AM to 7PM, Saturday 8AM to 5PM, Sunday 11AM to 5PM. Dayton's Project Normal skyway operations. Emery Hotel Normal skyway operation with some skyway access restrictions from hotel to skyway.
    [Show full text]
  • A New Beginning on Nicollet Mall the Way Tomorrow Works
    Nicollet Mall & 6th Street Minneapolis rbcplazaminneapolis.com HOME PROPERTY FEATURES LEASING LOCATION PROPERTY FACTS PARKING AMENITIES A New Beginning on Nicollet Mall The Way Tomorrow Works Watch the Video Brent Erickson Mark Stevens Peter Fitzgerald Kim Meyer Leased and Managed by: Owned by: Office Office Office Retail 612.305.2110 612.343.7114 952.241.1111 952.893.8887 [email protected] [email protected] [email protected] [email protected] 1 Nicollet Mall & 6th Street Minneapolis rbcplazaminneapolis.com HOME PROPERTY FEATURES LEASING LOCATION PROPERTY FACTS PARKING AMENITIES Property Features u Exceptional world-class 40-story office tower located along the vibrant Nicollet Mall. u Office tower is a striking and sophisticated glass and aluminum design with an Italian marble and granite lobby. u Recent building renovations include fitness center, conference rooms and casual meeting areas. u Flexible floor plans with large glass lines and stunning views. u Easy access to an abundance of downtown amenities. u 2 levels of retail including Caribou Coffee, D’Amico & Sons, Sprout Salad Company and The Fresh Market Building Features BUILDING SIZE 700,000+ SF BUILDING CLASS A YEAR BUILT / REMODEL 1991 / 2015 TOTAL AVAILABLE Office: 53,676 SF Retail: 5,528 SF MAXIMUM CONTIGUOUS Office: 15,196 SF Retail: 3,186 SF MINIMUM DIVISIBLE Office: 1,123 SF Retail: 350 SF LEASE RATE Net - Highrise: Retail: $18 - $21 Negotiable 2016 ESTIMATED TAXES Office: Retail: & OPERATING EXPENSES $ 7.56 PSF Taxes $ 4.03 PSF
    [Show full text]
  • Residences Nolan Mains
    CSM Corporation creates exceptionale spaces where people work, live and visit. CSM Corporation | 500 Washington Avve. S. Suite 3000 Minneapolis, MN 55415 | CSMCCorp.net COMMERCIAL & RETTAAIL CSM Commercial develops, owns and manages office, industrial, and retail real estate nationwide. In its 40 years of operation, CSM has built, acquired or redeveloped 140 commercial properties coast to coast, including more than 15 million square feet of space. Our unique approach to design and development results in construction that is well-built, easily maintained and flexible for future use. CSM’s in-house resources provide unparalleled expertise and cohesive solutions for clients. LODGING CSM Lodging is one of the top 50 hotel management companies in the US with a proven track record of success. Some of our accolades include; Marriott Developer of theYYeearr, Marriott Classic Premium Hotel of the Year and Best Conversation Hotel of the YeYear. CSM has built annd managed nearly 50 hotels for some of the nation’s most prestigious brands, including Marriott, Hilton and Hyatt. We develop, design and operate hotels from coast to coast with unique and comprehensive experience. RESIDENTIALN With more than7, 7,800 residential units developed, managed and owned nationwide, CSM Residential is a highly respected residential property management company nationwide. We understand that communities are more than just a building, they are our residents home. Ultimately,y, our goal is to drive value for our residential investments to be; more competitive in the market, more profitable and more attractive to residents over the long-term. CSM Corporatioon and Gary Holmes Congratulate JhJohn Allllen Gary S.
    [Show full text]
  • Our Neighborhood Lasalle Plaza Iconic, CLASS a DOWNTOWN TOWER
    Welcome to our Neighborhood LaSalle Plaza Iconic, CLASS A DOWNTOWN TOWER PRIME LOCATION connecting to the DOWNTOWN CORE, DOWNTOWN THEATRE DISTRICT, and TARGET HEADQUARTERS + Diverse tenant base, from legal, professional, service to creative firms ON-SITE RETAIL AND AMENITIES designed to enhance the workday, creating a dynamic environment for tenants and guests The Epicenter OF URBAN LIFE Whether after hours or over lunch, there is no shortage of amenities when you are in LaSalle Plaza. Home to dozens of retail and dining options, you are also within walking distance to downtown shopping, dining, lodging and entertainment options. LaSalle Plaza puts you in the center of everything. Join us! STATE THEATRE Life at LASALLE 88,000 SF OF CULTURE, ENTERTAINMENT & DINING OPTIONS ROCK BOTTOM BREWERY GREEN & THE GRAIN BEP EATERY CRAVE On-site fast casual and On-site On-site banking On-site dental, optical fine dining options hair salon services & chiropractic services AVANT HAIR CAPITAL GRILLE TENANT Exclusive AMENITIES BIKE ROOM TENANT LOUNGE & Conference Center FITNESS CENTER & Yoga Studio UNDERGROUND PARKING & Carwash Service ON-SITE MANAGEMENT & Security 56 100+ 60,000 9.5 HOTELS RESTAURANTS PARKING STALLS SKYWAY MILES TARGET HEADQUARTERS NICOLLET MALL STOP WARHOUSE TARGET CENTER DISTRICT STOP 394 TARGET FIELD LIGHTRAIL Location CONNECTIVITY RESTAURANTS HOTELS ENTERTAINMENT TARGET Barrio Embassy Suites Brave New Workshop HEADQUARTERS Brit’s Pub Hampton Inn & Suites First Ave Capital Grille LeMeridien Chambers Hennepin Theater City Works Loews
    [Show full text]
  • 2019 Office Values
    2019 Minneapolis Market Values BOMA 2019 Office Office Retail Ramp Building complex - CBD Property I.D. # Mkt Value Value NRA Value Value IDS Center 27-029-24-11-0135 $304,340,000 $264,650,000 1,401,831 $24,910,000 $14,780,000 Wells Fargo Center 27-029-24-11-0012 $277,070,000 $267,140,000 1,196,036 $0 $9,930,000 Capella Tower 27-029-24-11-0127 $267,300,000 $247,010,000 1,401,233 $7,470,000 $12,820,000 33 South Sixth/City Center 22-029-24-43-0120 $246,640,000 $216,560,000 1,081,641 $11,270,000 $18,810,000 US Bancorp Center 27-029-24-12-0139 $206,200,000 $183,460,000 929,694 $15,590,000 $7,150,000 U.S. Bank Plaza 27-029-24-11-0084 $197,850,000 $167,900,000 1,319,889 $16,550,000 $13,400,000 Target Plaza South (2 parcels) $176,140,000 $165,460,000 1,200,000 $1,530,000 $9,150,000 Fifty South Sixth 22-029-24-44-0110 $170,570,000 $145,930,000 698,606 $6,760,000 $17,880,000 Ameriprise Financial Center 27-029-24-11-0133 $158,910,000 $151,020,000 847,667 $0 $7,890,000 Fifth Street Towers (100-150 S 5th St) (2 parcels) $155,475,000 $140,335,000 1,063,856 $1,740,000 $13,400,000 RBC Plaza (10 parcels) $128,500,000 $124,440,000 609,368 $1,100,000 $2,960,000 Ameriprise Client Ser 27-029-24-14-0084 $124,300,000 $117,240,000 884,923 $0 $7,060,000 LaSalle Plaza (7 parcels) $120,770,000 $97,540,000 588,908 $13,550,000 $9,680,000 Wells Fargo Tower I & II (2 parcels) $109,460,000 $109,460,000 $0 $0 50 South 10th Street (2 parcels) $105,550,000 $97,260,000 462,368 $8,290,000 $0 SPS Tower 27-029-24-11-0096 $101,100,000 $83,510,000 618,886 $3,280,000 $14,310,000
    [Show full text]
  • MINNEAPOLIS SKYWAY SYSTEM SKYWAY OPERATIONS SUMMARY VERSION: Friday, March 5, 2021
    MINNEAPOLIS SKYWAY SYSTEM SKYWAY OPERATIONS SUMMARY VERSION: Friday, March 5, 2021 INFORMATION LIMITED TO BUILDINGS THAT HAVE REPORTED HOURS AND IS SUBJECT TO CHANGE BUILDING NAME STATUS CURRENT SKYWAY OPERATIONS 100 Washington Square Skyway access Monday ‐ Friday 6:00 a.m. to 10:00 p.m. daily. 111 Washington Square Skyway access Monday ‐ Friday 6:00 a.m. to 7:00 p.m. daily. 11th & Harmon Ramp Skyway access closed until further notice. 11th & Marquette Ramp (Orchestra Skyway access to Hilton Hotel: Monday ‐ Friday 6:00 a.m. to 6:00 p.m., closed Hall Ramp) Saturday and Sunday. Skyway access to Convention Center: Closed until further notice. 11th Street Underground Ramp Skyway access Monday ‐ Friday 6:00 a.m. to 6:00 p.m., closed Saturday and Sunday. 121 South 8th Skyway access Monday ‐ Friday 6:00 a.m. to 6:00 p.m., closed Saturday and Sunday. 323 Washington See information for Gateway Ramp. 330 South Second BuildingUPDATED Skyway access Monday ‐ Friday 6:00 a.m. to 6:00 p.m. Closed Saturday and Sunday. 365 Nicollet Apartments Skyway access Monday ‐ Friday 7:00 a.m. to 6:00 p.m., closed Saturday and Sunday. 510 MarquetteUPDATED Skyway access via card access only. 517 Marquette Ramp Skyway access to Rand Tower Hotel: Monday ‐ Friday 7:00 a.m. to 6:00 p.m., closed Saturday and Sunday. Skyway access to Westin Hotel: Skyway access Monday ‐ Friday 6:00 a.m. to 6:00 p.m., closed Saturday and Sunday. Skyway access to Soo Line Building: Skyway access Monday ‐ Friday 6:00 a.m.
    [Show full text]