Building News

Minneapolis’ Tallest Building Secures CMBS Loan Extension

Commercial Observer Minneapolis’ Tallest Building Secures CMBS Loan Extension By Cathy Cunningham December 11, 2023 The Class A office building’s loan was extended up to three years on the heels of positive leasing momentum and sponsorship’s extensive track record. There’s a distinct lack of holiday cheer in the market air this year, but we have a happy tale to tell.  Accesso just extended its commercial mortgage-backed securities …

IDS Center Secures Three-Year Loan Extension

Finance & Commerce IDS Center secures three-year loan extension By Dan Netter December 13, 2023 A loan extension of up to three years has been granted for the IDS Center, a staple of the Minneapolis skyline, following a months-long negotiation process. Accesso, the owner of the tower, announced the extension in a press release Tuesday, calling it a “testament” to the group’s care and management …

Minneapolis’ IDS Center Secures Loan Extension

REJournals Minneapolis’ IDS Center Secures Loan Extension December 13, 2023 Accesso, a Florida-based real estate investment manager, announced that the IDS Center, a centerpiece of the downtown Minneapolis skyline, has secured a loan extension for up to three years. The extension was negotiated by Accesso, with the assistance of Iron Hound Management Company, LLC, a commercial real estate finance firm specializing in loan restructurings …

IDS Center Secures 3-Year Loan Extension

Twin Cities Business IDS Center Secures 3-Year Loan Extension By Winter Keefer December 14, 2023 As downtowns across the nation face a tumultuous office climate, the owner of Minnesota's tallest skyscraper finds some temporary relief. The owner of the IDS Center, Minnesota’s tallest tower, this week announced it has secured a three-year loan extension despite tumultuous conditions for the nation’s office climate. The agreement comes several months …

IDS Center at 50

Mpls St. Paul IDS Center at 50 By Madison Bloomquist January 12, 2023 IDS TowerMpls.St.Paul Magazine wasn’t the only local legend to reach the half-century mark this past year. IDS Center, Minnesota’s tallest skyscraper (yes, it holds the title, despite the omnipresent argument thatCapella Tower might actually be taller), has stood in our city’s center since 1972—and boy, does it havesome stories to tell. “It really …

IDS announces lease renewals, expansions

Finance & Commerce IDS announces lease renewals, expansions By Brian Johnson September 21, 2022 The IDS Center in downtown Minneapolis has seen nearly 275,000 square feet of tenant renewals and expansions so far this year, according to Accesso Partners, the building’s Florida-based owner and manager. Tenants expanding or renewing their leases include law firm Taft Stettinius & Hollister LLP, wealth management firm Okabena Company and …

Accesso Sees Ongoing Leasing Success at Minneapolis’ IDS Center

Connect CRE Accesso Sees Ongoing Leasing Success at Minneapolis’ IDS Center By Paul Bubny September 20, 2022 Accesso has signed several lease expansions and renewals for existing tenants at the IDS Center in downtown Minneapolis. Tenants expanding or renewing their leases include law firm Taft Stettinius & Hollister LLP, wealth management firm Okabena Company and law practice Lathrop GPM. “As many companies embrace hybrid work …

Prudential to move into Dayton’s Project building in downtown Minneapolis

StarTribune Prudential to move into Dayton's Project building in downtown Minneapolis By Dee DePass and Jim Buchta Star Tribune September 20, 2022 After selling its Plymouth campus, Prudential makes the move to the urban core of Minneapolis, giving downtown a boost. A month after selling its 75-acre Plymouth campus, Prudential Financial announced it will move into the Dayton's Project building in Minneapolis next year, giving …

Top Projects of 2021: IDS Crystal Court Renovation

By: Frank Jossi, Finance & Commerce Last refreshed 30 years ago, Accesso wanted to update the iconic Crystal Court, located at the famed IDS Center in Minneapolis, while maintaining the elements that make such a special part of downtown Minneapolis. Designed as part of the IDS Center complex, the Crystal Court sits in the middle of the four interlocking buildings and at a …