Minneapolis-based CSM Corporation recently secured a new lease with Ulteig Engineers, Inc., a transaction that minimized out-of-pocket costs as well as downtime for the company. It also represented CSM’s largest new lease deal of 2011.
Ulteig Engineers, which provides engineering, planning and surveying services to a wide range of public and private clients, currently occupies 30,000 square feet in the River Road Business Center in Fridley, Minn. Seeking a larger space, the company will be moving to Arden Hills Corporate Center IV in Arden Hills, Minn.
The 52,379-square-foot space is currently leased to FICO through June, and will be enhanced with the addition of a new 2,000-square-foot garage for the company’s vans and equipment.
Construction on the garage is slated to begin July 1, and Ulteig will move into the building Sept. 1.
“As a service provider it is imperative our business is never interrupted for our employees and customers,” said David Karels, chief business officer of Ulteig. “Ulteig’s current location and lease will allow us to complete all the tenant improvements, including a state-of-the-art data center, which will allow a seamless move and virtually no business interruption.”