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MinnesotaOffice

CBRE helps Minnesota Department of Employment and Economic Development find new home

March 1, 2021
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The Minnesota Department of Employment and Economic Development (DEED) is moving its headquarters to the Great Northern Building at 180 E. Fifth St. in St. Paul, Minnesota.

This two-block move in downtown St. Paul, which will take place by Aug. 1 of 2021, will be DEED’s first relocation in nearly two decades.

As DEED evaluated the possibility of moving, it executed a three-year planning and evaluation process. This included an analysis to re-examine space needs, and take account of future teleworking trends, to both improve the experience for DEED’s workforce and save taxpayer money with a reduced footprint.

The new location in the Great Northern Building remains within one block of the METRO Green Line light rail and easily accessible by bus as well.

The total square footage of the new space is around 150,000. Chris Gliedman from CBRE represented the landlor, Gamma Real Estate, in this transaction.

DEED will occupy the full 11th, 12th and 13th floors of the historic building.

DEED’s existing lease at the First National Bank building ends on July 31, which precipitated the process of evaluating the agency’s location.

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CBREMInneeapolisMinnesotaMinnesota Department of Employment and Economic DevelopmentSt. Paul
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