Wednesday, March 30, 2016

HFF named to market for sale the IDS Center in Minneapolis, MN

IDS Center, Downtown Minneapolis, MN

Jeff Bramson
 CHICAGO, IL -- Holliday Fenoglio Fowler, L.P. (HFF) announced it has been named to market for sale the IDS Center, a 57-story office tower totaling more than 1.43 million square feet in downtown Minneapolis.

HFF is marketing the architectural landmark on behalf of the seller, Accesso Properties LLC of Hallandale Beach, FL.  HFF sold the property to Accesso in 2013 and arranged acquisition financing on its behalf.

Heralded by the New York Times as “one of the finest skyscrapers built in any American city”, the IDS Center occupies a full city block on Nicollet Mall, the shopping and dining district at the core of the skyway pedestrian walkway system in Minneapolis. 

The iconic post-modern office tower was designed by the influential American architect Philip Johnson in 1972.  

In addition to office space, the 88-percent-leased property includes  the eight-story, glass-enclosed Crystal Court, a retail shopping center and urban park that frequently has traffic counts in excess of 50,000 people per day, and the separately owned 19-story, 281-room Marquette Hotel.

The HFF investment sales team representing the seller is being led by senior managing directors Jeff Bramson and Jaime Fink and managing director Mark Katz.

  For a complete copy of the company’s news release, please contact:
Kristen M. Murphy
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 |

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