KBS and Midwest law firm Fredrikson & Byron announced that the firm has signed a lease agreement for about 178,000 square feet of space in RBC Plaza at 60 South Sixth, a Class A, 40-story, 710,332-square-foot office tower and retail complex in downtown Minneapolis. RBC Plaza at 60 South Sixth is owned by KBS REIT III.
“As an investor in best-in-class assets throughout the country, KBS recognizes the importance of providing office tenants with top-quality space in the epicenter of key markets,” says Dan Park, senior vice president for KBS and asset manager for RBC Plaza at 60 South Sixth. “This is an outstanding property within the Minneapolis market and offers tenants a host of exceptional amenities both inside and immediately adjacent to the building.”
RBC Plaza at 60 South Sixth is a LEED-EB Gold, BOMA 360-certified asset located along the Nicollet Mall in the heart of downtown Minneapolis. Tenant amenities at the property include a complimentary fitness center with a yoga room and bicycle storage, professionally managed full-service underground public parking with valet and auto spa, concierge services, free Wi-Fi hotspots, tenant lounge with wine lockers and a pool table, and a conference center.
Additional amenities include an Italian marble and granite lobby, open lounge areas throughout the property, two levels of retail and dining establishments and three climate-controlled skyway connections. The building is also within walking distance of a farmer’s market, numerous residential buildings, hotels, a variety of retail and entertainment offerings, and is immediately adjacent to the 5th Street Light Rail Station.
“KBS’ dedication to exceeding sustainability and management standards for this asset, in addition to its excellent amenities and location, have historically and continue to attract tenants of Fredrikson & Byron’s high caliber to RBC Plaza at 60 South Sixth,” says Giovanni (Gio) Cordoves, Western regional president for KBS.
Brent Robertson, Andrea Leon and Jon Dahl of JLL represented KBS in the lease transaction, while Mike Salmen, Larry Serota and Will McDonald of Transwestern represented Fredrikson & Byron.