 Cray
Research/Wam!Net Campus 481,000 sf on 90 acres
Eagan, MN
Sell or lease a functionally obsolete corporate
campus in a difficult
commercial real estate market. The Tenant (Wam!Net) was
bankrupt and the Landlord
(J.P. Morgan Chase) in default with the Lender (GE Finance).
Convince the Owner and
Lender that physical building challenges and market
conditions necessitated below
market pricing. (read
more ...)
|
 Cenex
Harvest States
149,000 sf lease renewal
Inver Grove Heights, MN
Assist CHS with negotiating market
lease renewal terms in a property CHS previously owned.
Repair the relationship between Tenant (CHS) and Landlord
(United Properties). Old building did not meet modern code
requirements.
(read
more ...)
|
 Virtual Radiologic
82,000 sf headquarters lease
Eden Prairie, MN
Identify sites to accommodate a new headquarters facility for a young,
fast-growing company in the process of completing an Initial Public Offering. Focus
on sites within three miles of existing location. Upgrade to Class A image while
minimizing real estate costs. New facility preferred to maximize physical and
functional efficiencies.
(read
more ...) |
 Staywell Health Management 71,000 sf headquarters lease
Eagan, MN
Identify sites to accommodate a new headquarters facility for a rapidly
growing company within three miles of the existing location. Redundancy in
operations was critical, both power and connectivity were driving factors in site
selection. Parent company had to be satisfied with cost controls and functionality of
new facility. Eleven month timeframe to complete new facility.
(read
more ...) |
