Newmark has secured a 447,000-square-foot lease renewal on behalf of Piedmont Office Realty Trust, Inc. with U.S. Bancorp at its headquarters at 800 Nicollet Mall in Minneapolis.
With this, U.S. Bancorp reaffirms its commitment to its partnership with Piedmont and Minneapolis, the bank’s headquarters city for more than two decades.
Newmark Senior Managing Director Brent Erickson and Associate Director Callie Ronkowski, on behalf of Piedmont, serve as the exclusive leasing agents for the downtown Minneapolis office property. US Bank was represented by JLL.
Parent company of U.S. Bank National Association, U.S. Bancorp signed a long-term lease renewal to maintain complete occupancy of its existing footprint. The Minneapolis-based financial holdings company and its workforce have occupied the tower bearing its name, U.S. Bancorp Center, since 2000, with Piedmont acquiring the building in 2003.
U.S. Bancorp Center is located at the epicenter of the Minneapolis CBD, situated at the main & main intersections of 8th Street and Nicolett Mall. The TOBY International award-winning office tower, owned and managed by Piedmont, boasts a world-class tenant experience between its highly-amenitized work-play environment and unprecedented access to the robust offerings in Downtown Minneapolis.
Embodying the work-play office environment, tenants enjoy a robust amenity program including a 12,500-square-foot amenity space located on the top-floor with sweeping views overlooking Target Field and the Mississippi River, a modern fitness center with group exercise space, locker rooms and showers, state-of-the-art conference rooms with technology available for reservations ranging from 2-100 guests; on-site Piedmont Office Management, 24-hour on-site security with controlled access to loading dock, bike storage and an underground parking garage. US Bancorp Center will soon welcome fine dining seafood restaurant – 801 Fish (opening this fall) and undergo a two-story lobby transformation to include additional tenant collaboration lounges and an on-site coffee lounge to further create a hospitality-infused office environment.
