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Pandemic has Twin Cities law firms stepping up efforts to downsize offices As leases expire, they seek smaller sites as COVID-fueled remote working takes hold. February 2, 2021 12:47pm Text size Copy shortlink:
With the lease expiring in a year, Fredrikson & Byron President John Koneck set out to find a new headquarters, but knew he would need less office space than the current spot in U.S. Bank Plaza in Minneapolis.
Earlier this month, Koneck signed a lease for 178,000 square feet of space in the RBC Plaza on Sixth Street. The nine floors have 27,000 fewer square feet than the firm s current offices, which now largely sits empty because of the pandemic.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Fredrikson & Byron Leases 178,000 Square Feet at KBS’ 40-Story Class A Office Tower in Downtown Minneapolis, Minnesota
December 22, 2020 GMT
KBS RBC Plaza at 60 South Sixth (Photo: Business Wire)
MINNEAPOLIS (BUSINESS WIRE) Dec 22, 2020
KBS, one of the largest investors in premier commercial real estate in the nation, and leading Midwest law firm Fredrikson & Byron announced today that the firm has signed a lease agreement for approximately 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, Minnesota. RBC Plaza at 60 South Sixth is owned by KBS REIT III.