Ohio Farmers Insurance Company occupying 18,200 sq. ft.
MINNEAPOLIS (Sept. 15, 2010) – United Properties announces that Ohio Farmers Insurance Company has signed an 18,200-sq.-ft. lease at Normandale Place, its office building in Bloomington, Minn. The company moved into its new space Sept. 1.
United Properties is represented at Normandale Place by NorthMarq office leasing professionals Dan Gleason, senior vice president, Dan Nechanicky, vice president, and Zach Pettus, associate. The 80,000-sq.-ft. office building is located at 8201 Norman Center Drive off of Interstate 494 and Highway 100.
Ohio Farmers Insurance Company was represented in the transaction by Jason Butterfield of Cushman & Wakefield.
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.
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.
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