Minneapolis – Transwestern Real Estate Services (TRS) announces it has signed two new tenants to long-term leases at 10 West End, located at the intersection of Highways 394 and 100 in St. Louis Park, Minnesota. Two Harbors Investment Corp., a real estate investment trust, will move its headquarters to 34,640 square feet on the ninth floor of the property. Aerotek, a staffing and recruiting agency, will consolidate two west metro locations to 11,776 square feet on the fifth floor.
“The activity surrounding 10 West End remains strong,” said Transwestern Principal Mike Honsa, who leads leasing efforts at the building. “We’ve completed nearly 140,000 square feet of leasing so far this year, and I expect more leases to be signed in the coming months.”
Two Harbors and Aerotek join CarVal, HDR, Blackburn and Charlie & Co. as tenants of 10 West End, an 11-story, 343,000-square-foot property developed by Ryan Companies US, Inc. and The Excelsior Group. The building features Class A office space, high-tech conferencing spaces, dynamic bike and fitness facilities, collaborative lobby workspaces, open air balconies on every floor, top-floor tenant sky deck free covered ramp parking, and direct access to Central Park West.
Construction completed on 10 West End in January of this year, making it the first Class A speculative office building delivered in the West submarket in over 20 years.
“These newest leases further underscore that there is ongoing demand for high quality suburban office space,” says Tony Barranco, Senior Vice President of Real Estate Development at Ryan Companies. “I am excited to continue this momentum through the remainder of 2021.”
About Ryan Companies
Founded in 1938, Ryan Companies offers comprehensive commercial real estate services as a national developer, architect, capital investment consultant, builder and real estate manager with a focus on bringing lasting value to its customers and the communities in which it works. Ryan market depth includes retail, industrial, healthcare and senior living. Ryan development and corporate build-to-suit work spans a wide range of product types including office, mixed-use, hospitality, multifamily housing and mission critical facilities. Ryan has nearly 1,500 employees in 15 offices and has completed projects in 39 states. For more information, visit ryancompanies.com.
About The Excelsior Group
The Excelsior Group (TEG) is a full-service real estate firm specializing in commercial and residential real estate ownership, acquisition, development, and leasing. TEG provides boutique-level service, delivered in an honest and ethical manner to both private and institutional investors. Current management contracts include more than 1,500,000 SF of commercial real estate, 2,200 acres of raw land, and 400 single-family home lots. Further, TEG manages an affiliated family of investment funds – Opportunity Partners Funds I- V. In addition, the principals of TEG have developed in excess of 850,000 SF of office, industrial, retail, multifamily and residential real estate properties. Please visit ExcelsiorLLC.com for more information.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners, and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Occupier Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic programs for high-net-worth investors. The firm operates through 34 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern.
Media Contact:
Amy Wheaton
612.359.1666
Amy.wheaton@transwestern.com
twmediarelations@transwestern.com
