United Properties secures new tenant at Northland Center
MINNEAPOLIS, MN – December 8, 2010 – (RealEstateRama) — Exact Software has signed a seven-year lease for 12,895 sq. ft. at Northland Center, located at 3600 American Blvd. in Bloomington, Minn. United Properties, owner of the office center, was represented by Bill Rothstein, NorthMarq senior vice president. Exact Software was represented by Brad Bohlman of Welsh Companies. This new lease brings the building’s occupancy to 93 percent.
About United Properties
United Properties, based in Minneapolis, Minn., specializes in commercial real estate development and investment. Since 1975, United Properties has provided development services for the retail, residential, office, medical and industrial sectors. In addition to a large presence in the Minneapolis-St. Paul market, United Properties’ Colorado division develops retail properties as well as office and flex office buildings. Formed in 1916, the United Properties investments group acquires, manages, finances and disposes of the company’s real estate investments, which includes nearly 60 office, medical, industrial and retail assets in Minnesota, Wisconsin and Colorado. For more information, visit www.uproperties.com.
About NorthMarq
NorthMarq offers commercial real estate services, including transaction and advisory services, real estate management, and debt and equity placements, to investors and occupiers of commercial real estate from its headquarters in Minneapolis.
The company manages more than 60 million sq. ft. of retail, industrial and office assets in 22 markets around the country, handles more than 7,500 transactions annually and provides real estate debt and equity financing, and commercial loan servicing in 32 offices coast-to-coast, with an average of $10 billion in annual production volume and services a loan portfolio of more than $39 billion. For more information, visit www.northmarq.com.
Media Contacts
Martha Nevanen
Vice President, Marketing Communications
952-893-7539
martha.nevanen (at) marquettere (dot) com
Jessie Folkens
Sr. Communications Consultant
952-837-8516
jessie.folkens (at) marquettere (dot) com
