X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MINNEAPOLIS-The local architectural firm Hammel Green & Abrahamson is close to signing a deal to lease the former Litin Paper Building, a 130,000-sf office building in Downtown Minneapolis.

HGA hopes to consolidate its 400 employees at the new site, who are now spread out over three locations, says Steve Fiskum, chief operating officer of HGA. The building, which is listed in the National Register of Historic Places, is a seven-story concrete frame warehouse that will be completely gutted and remodeled for the architectural firm. “We are attracted to an older building like this because of the character of the workplace that can be achieved with the higher ceilings and floor-to-ceiling windows,” Fiskum says. “It’s conducive to the kind of creative environment we want to establish.”

Fiskum also says it was important for his firm to be near the Downtown Minneapolis business district. The Litin building, which was recently bought by Ken Sherman of Minneapolis-based Sherman Group, is located at 701 Washington Ave. N. It’s market value is listed on the Hennepin County tax roles at $1.79 million. The 90-year old building originally housed a bakery.

HGA now works out of International Market Square and two other buildings on Harmon Place and Harmon Court. Fiskum says he expects to finalize the lease details later this month. He declined to discuss the terms of the lease.

Fiskum expects that the building would be ready to move into in the spring of 2001. Litin Paper, the company that formerly occupied the building, will move to a 100,000-sf office-warehouse at 3003 Pacific in Minneapolis, which it recently bought.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.