Commercial RealEstate Direct 3-Year Term Extension Negotiated for $151.66Mln Loan on Minneapolis’ IDS Center December 13, 2023 The owner of Minneapolis' IDS Center office complex has negotiated a term extension of up to three years for the property's $151.66 million mortgage, which had matured in May.
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 …
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 …
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 …
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 …
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 …
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 …
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 …
It's located on the ground floor of the IDS Center. By MELISSA TURTINEN January 17, 2022 A California-inspired restaurant is set to open in downtown Minneapolis. Noa, from Chicago-based Infuse Hospitality, will open for lunch on Tuesday, Jan. 18, at 77 S 7th St., on the ground floor of the IDS Center. The space was formerly occupied by Mission American Kitchen and Aquavit. To start, it'll …
Briggs and Morgan, a law firm based in Minneapolis, has signed a new 93,000-square-foot lease at IDS Center in downtown Minneapolis. Briggs and Morgan is planning a full renovation for the space. The firm, which employs 250 people in its IDS space, will fully renovate its offices on floors 22 through 25 of IDS Center, creating a more modern, open and …
