Jaclyn May, a senior member of Cushman & Wakefield’s MSP Advisory Services Team, discussed Twin Cities office market conditions in an article recently published by Twin Cities Business. Click here to read the article, entitled “Office Vacancies on the Rise”, which addresses the challenges associated with finding quality office space in today’s market despite higher vacancy levels in some submarkets.
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.
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.
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.
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.
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.
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.
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.
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.
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.