CBRE has arranged a 34,000-square-foot lease within Capella Tower in downtown Minneapolis.
The local Minneapolis firm of Northwestern Mutual will relocate within the building, trading the 29th and 30th floors for newly designed space on the 44th and 45th floors.
CBRE’s Larissa Bodine and Ann Rinde, represented Capella Tower owernship, Shorenstein Properties, and CBRE’s Emily Nicoll and Erin Hoeg represented the tenant, Northwestern Mutual in the transaction.
Recent upgrades within Capella Tower include the 5,500-square-foot Capella Tower Sky Deck; first-floor lounge; Mother Dough coffee, wine bar & bakery; the Capella Tower Health Club, conference and training facilities; and multiple updates to sustainability, security and indoor air quality.
More improvements are scheduled in the near future. The 53-story Capella Tower is a signature of Minneapolis skyline and is located in the heart of the Minneapolis CBD.
Northwestern Mutual had outgrown its current office space, which it moved into in 2010.
