Dominium, a Minnesota-based apartment owner, developer and manager closed on the acquisition of an office building in Minnetonka, Minnesota. The business is moving its corporate office to Crest Ridge, a larger space, to accommodate its growing number of employees. The building was formerly occupied by Syngenta Seeds.
Dominium closed on the office on Dec. 27 of last year and will begin renovating the building in early 2020. In preliminary plans, Dominium will occupy about half of the 120,000-square-foot building, with the remainder of the building available for lease.
Crest Ridge is located on seven acres of land with walking trails and scenic views with convenient access to interstate 394 and highway 169. The building was constructed in 2009 and achieved LEED Gold Certification.
