McGladrey occupies nearly 25 percent of United Properties’ Minneapolis office tower
MINNEAPOLIS – (June 6, 2011) – United Properties and McGladrey are pleased to announce the renaming of Midwest Plaza to McGladrey Plaza at 8th Street and Nicollet Avenue in downtown Minneapolis. The renaming is part of McGladrey’s expanded lease to 120,000 sq. ft. of the 415,000-sq.-ft. office tower.
RSM McGladrey, Inc. and McGladrey & Pullen, LLP, combined under the McGladrey brand, rank as the fifth largest U.S. provider of accounting, tax and consulting services.
“We understand our clients’ needs and know that as our firm continues to grow, it is important for us to provide professional environments that facilitate work between our people and our clients,” said Mike Nelson, office managing partner with RSM McGladrey. “McGladrey Plaza is that space here in Minneapolis.”
McGladrey is the lead tenant in the United Properties’ office building and has leased space in the downtown building since 1982, when it occupied 16,000 sq. ft.
“We are pleased to continue our nearly 30-year relationship with McGladrey,” said Richard Student, senior vice president, United Properties. “They have been a great tenant at Midwest Plaza and we are happy to rename the plaza in their honor.”
Built from 1967 to 1970, the office tower was purchased by United Properties in 1994. Other tenants in the building include Sieben Grose Von Holtum & Carey, ELCA Board of Pensions, First American Title Insurance Company, AMEC Engineering and Consulting Services, Panera Bread and Barnes & Noble.
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, 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.
McGladrey is the brand under which RSM McGladrey, Inc. and McGladrey & Pullen, LLP serve clients’ business needs. Together, they rank as the fifth largest U.S. provider of assurance, tax and consulting services, with 7,000 professionals and associates in nearly ninety offices. The two firms operate as separate legal entities in an alternative practice structure. McGladrey & Pullen is a licensed CPA firm that provides assurance services. RSM McGladrey is a leading professional services firm providing tax and consulting services. Both firms are members of RSM International, the sixth largest global network of independent accounting, tax and consulting firms. For more information, visit the McGladrey website at www.mcgladrey.com, join our Facebook fan page at McGladrey News and/or follow us on Twitter @McGladrey.
Vice President, Marketing Communications
Sr. Communications Consultant