February 07, 2019
Minneapolis – Transwestern Commercial Services (TCS) today announces it has been retained by Sumitomo Corporation of Americas to provide leasing and management services for SPS Tower, a 655,070-square-foot, Class A office building at 333 S. Seventh St. in the Minneapolis Central Business District. This asset marks the first acquisition for Sumitomo in the Minneapolis market.
The office leasing team includes Transwestern’s Vice President Jim Montez, Principal Reed Christianson and Associate Nick Sveen. They will work closely with Transwestern property management personnel to implement a creative marketing plan for the building.
“Transwestern has a long-standing relationship with Sumitomo across our national portfolio, and we’re honored to be chosen to represent them in the dynamic Minneapolis market,” said Montez. “SPS Tower is a high-quality asset that provides tenants with an amenity-rich environment.”
SPS Tower is a 31-story office building that is currently 84 percent leased to a diverse roster of tenants. The building features a conference center, fitness center, TAVERN333, Dunn Brothers Coffee and an underground reserved parking garage. The building’s three skyway connections provide convenient access to numerous downtown restaurants and hotels.
ABOUT TRANSWESTERN COMMERCIAL SERVICES
Transwestern Commercial Services (TCS) is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service and innovative client solutions. Applying a consultative approach to Agency Leasing, Asset Services, Occupier Solutions, Capital Markets and Research, our fully integrated global organization adds value for investors, owners and occupiers of all commercial property types. We leverage market insight and operational expertise from across the Transwestern enterprise, which includes firms specializing in development and real estate investment management. TCS has 34 U.S. offices and assists clients from more than 200 offices in 37 countries through strategic alliances with France-based BNP Paribas Real Estate and Canada-based Devencore. Experience Extraordinary at transwestern.com and @Transwestern.