U.S. Bancorp Recommits to Namesake Minneapolis Tower
Newmark secured a 447,000-square-foot lease renewal with U.S. Bancorp on behalf of Piedmont Office Realty Trust, Inc. at U.S. Bancorp Center, the 32-story 800 Nicollet Mall headquarters in Minneapolis. With the renewal, U.S. Bancorp reaffirms its commitment to Piedmont and Minneapolis, its headquarters city for more than two decades. Lease terms weren’t disclosed.
Senior managing director Brent Erickson and associate director Callie Ronkowski of Newmark served as exclusive leasing agents for the Downtown Minneapolis office property on behalf of Piedmont. JLL represented US Bancorp, which has occupied its namesake building since 2000.
“We are appreciative of the opportunity to work alongside such great organizations as Piedmont and U.S. Bancorp in securing this monumental lease transaction,” said Ronkowski. “U.S. Bancorp Center is an exceptional property and with U.S. Bancorp renewing its long-term lease, we look forward to future milestones for the building and the downtown Minneapolis business community.”