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| IDS Center, Downtown Minneapolis, MN |
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| 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
Director
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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