Insert skyscraper here: The downtown Minneapolis sites with the most high rise potential
Sam Black, Minneapolis/St. Paul Business Journal
July 4, 2014
Nearly 15 years after the last new office tower joined the skyline, the Minneapolis office development market finally is generating buzz about a new skyscraper. Three of the most likely developers have started picking sites and floating plans to spark the interest of a major tenant…
…Local tenants might have a hard time adjusting to rents for new construction, but “national tenants still consider rents in the Minneapolis Central Business District competitive, especially compared to rates they are paying in top-tier markets on the East and West coasts,” said Tom Braman, president of Minneapolis-based tenant rep firm Braman & Associates Inc…
Farmers Insurance, TKDA Extend Leases at UBS Plaza
Burl Gilyard, Finance & Commerce
April 25, 2013
Engineering, architectural and planning firm TKDA and Farmers Insurance have extended leases at UBS Plaza at 444 Cedar St. in downtown St. Paul…
…TKDA signed a long-term extension for its 50,000-square-foot lease. TKDA is the largest tenant in the 230,000-square-foot building and occupies floors 13 through 16. Tom Braman of Braman & Associates Inc. represented TKDA.
“TKDA has always enjoyed being a tenant at UBS Plaza, which we think provides one of the best locations and some of the best amenities in downtown St. Paul,” said William Deitner, TKDA’s president and CEO, in a statement. “I am very pleased that we have come to a new long-term lease agreement, which ensures that our 200 St. Paul Employees remain here for many years to come.”
Sieben Grose Moving to AT&T Tower
Jim Hammerand, Minneapolis/St. Paul Business Journal
June 22, 2012
Personal injury law firm Sieben, Grose, Von Holtum & Carey Ltd. plans to leave its longtime downtown Minneapolis headquarters at McGladrey Plaza by February 2013…
…Sieben Grose signed a seven-year lease in early June for 15,400 square feet on the fifth floor of AT&T tower, at Ninth Street and Marquette Avenue in downtown Minneapolis, Firm Administrator Cheryl Johnson said. Other terms were not disclosed.
The law firm was represented by Minneapolis broker Tom Braman of Braman & Associates Inc.
Stream Global Seeks Site for 500 Workers
Sam Black, Minneapolis/St. Paul Business Journal
June 10, 2011
Stream Global Services Inc. is seeking a site in the Twin Cities to open a call center and staff it with about 500 people…
… Stream isn’t commenting on why, when or where it would open a call center, and there’s no guarantee that it will happen, but the company hired Tom Braman, president of Braman & Associates Inc., an independent commercial real estate broker in Minneapolis, to look for locations. Braman has met with Twin Cities economic-development officials to discuss the project…
NorthMarq Announces Deals Completed in May
Staff Writer, Finance & Commerce
June 25th, 2009
Bloomington-based NorthMarq announced a batch of retail, office and industrial deals completed in May.
Senior vice president Bill Rothstein and vice president Dan Wicker secured a 10-year, 54,000 square foot lease renewal with SFM Mutual Insurance Company at the Northland Executive Office Center in Bloomington. Tom Braman of Braman & Associates represented SFM Mutual.
Picking Up Stakes
Burl Gilyard, Finance & Commerce
January 31, 2008
Edina is a first-ring suburb of Minneapolis. But for local advertising agency Kerker, the two are worlds apart….
…For the last decade, Kerker has made its home in the Centennial Lakes Office Park, in a comparatively new suburban office building at 7701 France Ave. S.
This summer, Kerker is relocating to 24 University Ave. N.E., a vintage brick and timber building just across the river from downtown in northeast Minneapolis. The building, which dates to 1910, began life as a city fire barn.
Kerker is leasing approximately 11,000 square feet. The firm has about 45 employees.
Tom Braman of Minneapolis-based Braman & Associates represented Kerker in its search…
PDI May Fill Empty Rider Law Offices
Sam Black, Minneapolis/St. Paul Business Journal
June 17, 2007
Personnel Decisions International, a Minneapolis-based consulting firm, has reached a tentative deal to relocate to the office space formerly used by the Rider Bennett law firm, which dissolved in May.
…PDI, a human-resources and professional-development consulting firm, plans to lease about 70,000 square feet, or the top three floors, in 33 South Sixth and leave its longtime headquarters about one block away, according to several sources familiar with the deal who declined to be named to protect client relationships.
…Tracy Kurschner, a spokeswoman for privately held PDI, declined to comment on a potential move. She confirmed that PDI is looking for real estate. Tom Braman, a real estate broker at Minneapolis-based Braman & Associates Inc. who is representing the firm, also declined to comment.
Bowman and Brooke renews, expands at Fifth Street Towers
Burl Gilyard, Finance & Commerce
May 11, 2006
The Minneapolis-based law firm of Bowman and Brooke LLP has renewed its lease and expanded its presence at Fifth Street Towers in downtown Minneapolis, inking a long-term deal for nearly 59,000 square feet. The firm is currently occupying about 39,000 square feet in the tower…
…“We did a very thorough job,” said Mickey Bailey, chief of operations for Bowman and Brooke. “Our agent for this search was Tom Braman
[Braman & Associates]. We were very open to lots of things. I think the first book of options that he brought us had more than 30 options in it. We looked at warehouse space, we looked at buying our own building, we looked at most of the office towers in downtown Minneapolis. We looked at it with a fairly open mind. We started almost two years ahead of our lease expiration.”
