Avtex, a customer experience consulting firm, has renewed the lease of its headquarters building at Northland Center, a Class-A, Wired-Certified, LEED EBOM Silver-Certified office park in the Minneapolis-St. Paul-Bloomington, Minnesota MSA. The office park is part of the portfolio of commercial real estate investor KBS.
According to Western Regional President at KBS Rod Richerson, the transaction demonstrates that companies are continuing to renew leases, despite the current environment.
“There has been a lot of discussion as to whether or not companies will continue to lease space as a result of COVID-19 and the shift to remote working models,” says Richerson. “This is not something we are seeing across our portfolio. In fact, we are continuing to see companies renew and sign new leases at several of our assets across our portfolio of more than 23 million square feet.”
KBS specializes in acquiring best-in-class assets in the epicenter of growth markets like Bloomington that are in high demand from tenants.
Northland Center is a two-building, 492,514-square-foot property located in close promixity to the I-494 and France Avenue corridor, which provides easy access to restaurant, retail and entertainment amenities, as well as close access to the Minneapolis-Saint Paul International Airport.
The first asset to become Wired Certified in Bloomington, the office park also features amenities including tech-wired conference rooms, a state-of-the-art fitness center, free and secure covered on-site parking with climate-controlled executive garages, secured bike storage, a full-service hair salon, auto detailing and auto spa, a farmer’s market, laundry and shoe repair pick-up and delivery service, a full-service café and an outdoor lounge area with a barbecue grill and redesigned landscaping.
Northland Center was also the first asset in Bloomington to become LEED EBOM-Silver Certified due to its pursuit of sustainability. The property features an Energy Star label of 93 out of 100 points, a dedicated sustainability team, bicycle racks and available locker and shower facilities with good accessibility to public transportation.
Cushman & Wakefield’s Bill Rothstein provides leasing services for Northland Center.
Northland Center is located at 3600 American Boulevard West in Bloomington, Minnesota, near the intersection of I-494 and France Avenue.