MSP Advisory Services Team helps Collabera Expand Minneapolis Office

Cushman & Wakefield MSP Advisory Services Team represented Collabera Inc. in a five year lease of 4,251 square feet at Fifth Street Towers, 100 South 5th Street, Minneapolis, Minnesota.  Fifth Street Towers Properties LLC was the Landlord.  The new office location allowed Collabera to expand its Minneapolis footprint to accommodate its growth and future plans in the Twin Cities.

Collabera is ranked among the top 10 Information Technology (IT) and professional staffing firms in the U.S., with more than $600 million in sales revenue and a global presence that represents approximately 15,000+ professionals across North America, Asia Pacific and Europe. They support their clients with a strong recruitment model and a sincere commitment to their success, which is why more than 90% of their enterprise clients rank them amongst their top three staffing suppliers by performance.

DONOVAN AND MAY DISCUSS TRENDS IN LEGAL OFFICE SPACE

Paul Donovan and Jaclyn May, senior members of Cushman & Wakefield’s MSP Advisory Services Team, co-authored an article recently featured in Bench & Bar of Minnesota, the official publication of the Minnesota State Bar Association. Click here to read the article, entitled “Rethinking the Law Office: Trends in legal office space”, which offers insights on office space utilization trends by law firms.

C&W Makes Reader Rankings 2017

Cushman & Wakefield was recognized as the BEST in several categories in the Finance & Commerce Reader Rankings 2017.   The MSP Advisory Services Team was a big part of the BEST Tenant Representation rating vs. some very formidable competitors.   Click here to view the full Reader Rankings 2017.

Lindquist & Vennum Named One of Seven Top Workspaces

Congratulations to Lindquist & Vennum for earning a spot on The Minneapolis/St. Paul Business Journal’s “Coolest of 2017 Cool Offices:  Seven Top Workspaces”.  The MSP Advisory Services Team represented Lindquist & Vennum in its relocation within IDS Center.

ENERGIZING EDUCATION NEWSLETTER – DECEMBER 2017

The MSP Advisory Services Team published its December 2017 “Energizing Education” newsletter, which offers current news and events impacting the education community. View the newsletter.

FALL 2017 TENANT’S PLACE NEWSLETTER – OUT NOW!

The MSP Advisory Services Team published its Fall 2017 newsletter, “Tenant’s Place” which offers insights on the Twin Cities office market and trends in the workplace. View the newsletter.

ENERGIZING EDUCATION NEWSLETTER – SEPTEMBER 2017

The MSP Advisory Services Team published its Summer 2017 “Energizing Education” newsletter, which offers current news and events impacting the education community.  View the newsletter.

MSP Advisory Services Team Receives NAIOP Minnesota Awards of Excellence

The MSP Advisory Services Team received the Broker² Award at the 2017 NAIOP Awards of Excellence for their work representing Lindquist & Vennum in a relocation within IDS Center in downtown Minneapolis. Among other things, the group considered law firm trends and created a thoughtful direction for the project, ultimately achieving a 10 percent cost savings for their client. Jennifer Stumm of Cushman & Wakefield also provided project management services throughout the lengthy buildout of the new 81,000-square-foot (sf) office, which is now open.

The Broker² Award recognizes outstanding value created by a brokerage team, and is exclusively available to brokers associated with projects nominated for the Awards of Excellence. NAIOP understands that all successful commercial real estate projects are backed by a skilled team of professionals—a group that becomes more than the sum of its parts to accomplish the job—and the Broker² Award acknowledges the invaluable contribution made by a brokerage team. The NAIOP awards, which recognize top new developments and redevelopments in their categories, were doled out in a ceremony at the Nicollet Island Pavilion in downtown Minneapolis Sept. 28.

NAIOP, the Commercial Real Estate Development Association, is the leading organization for developers, owners and related professionals in office, industrial, retail and mixed-use real estate. NAIOP comprises more than 15,000 members in North America and advocates responsible commercial real estate development and advocates for effective public policy.

LONG TERM CARE GROUP EXTENDS LEASE IN WOODBURY

Cushman & Wakefield MSP Advisory Services Team represented Long Term Care Group in a five year lease extension of 56,311 SF of office space at Hudson Road Technology Center, 7805 Hudson Road, Woodbury, Minnesota.

Long Term Care Group is a leading provider of business process outsourcing for the insurance industry. The nation’s largest insurers rely on Long Term Care Group’s unparalleled expertise to help manage their complex long term care portfolios and maximize their financial performance. They provide advanced risk management insight built upon their unique and proprietary long term care underwriting and claims databases. They also offer a full spectrum of support services ranging from application processing and underwriting to care management and in-home assessments.

Beacon Academy to Cut Ribbon on New Crystal Facility

Beacon Academy will cut the ribbon on its new 80,000 square foot facility in Crystal on Monday, August 28th.  A tuition-free K-8 public charter school, Beacon Academy will move its facilities from its former location in Maple Grove. The new facility offers the opportunity for enrollment growth and access to abundant green space on its 12-acre site, at 3415 Louisiana Ave. N. The new facility and site allow Beacon’s mission to thrive—providing Twin Cities families with a proven, rigorous, and content-rich curriculum, integrated with sequential Spanish language instruction.

Beacon Academy, along with project partners Cushman & Wakefield, RJM Construction, Rivera Architects, Lindquist & Vennum, Dougherty & Co. LLC, and Carlson McCain, will host a ribbon-cutting ceremony at the site, to include remarks from Sean Koster, Principal of Beacon Academy, as well as Crystal Mayor Jim Adams and City Council Member Nancy LaRoche. The event will begin at 10 a.m. and will include a program and tours of the completed facility at its conclusion.

“We’re pleased that work for Beacon has resulted in a facility that will serve their needs while allowing them to grow,” said Paul Donovan, Executive Director, Cushman & Wakefield.

The Cushman & Wakefield team of Donovan, Jaclyn May, Gerhardt Gliege, Luke Appert, and Jeremy Striffler worked with the school to identify the ideal site for its permanent home. The team also guided the school through building the extended project team, accessing financing, handling the entitlement process with the City, coordinating the various requirements of the Minnesota Department Education, and managing the renovation and addition construction process over the past year.

Minneapolis-based RJM Construction acted as general contractor and Rivera Architects was designer. Interior demolition began last fall and finished in time for the beginning of this fall school term.