"The new name accurately reflects the tradition of this building being known as one of the centers for financial services companies in the south Twin Cities metro area," said Dan Gleason, a VP with Bloomington, MN-based United Properties.
United Properties, which also leases and manages the building, recently completed a major renovation, including a redesign of the lobby area, to reposition it as a Class A property. The building has underground and covered parking, a big plus in a state known for its long winters and heavy snows.
The building is the headquarters of U.S. Bank Home Mortgage and also houses a U.S. Bank retail banking center. The building is currently 80% leased, according to United Properties.
United Properties is a commercial real estate company with 400 employees and 26.5 million sf of office, industrial, retail and multi-family properties under management.
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