June 30, 2015
MINNEAPOLIS – Transwestern’s Minneapolis office today announces it has secured JAMF Software as a tenant at Washington Square, a three-building complex owned by Shorenstein. JAMF will occupy two full floors totaling more than 52,000 square feet at 100 Washington. Transwestern’s leasing team of Reed Christianson and Erin Wendorf represented the building owner in the transaction.
“JAMF Software is exactly the type of tenant − young, innovative, high-tech − we were hoping to attract with the $12 million renovation currently underway,” said Wendorf, vice president with Transwestern. “With elements like a collaborative employee lounge, outdoor club and workspace, bocce court and zen garden, the renovation is proof that with the right investment, older office buildings can be repurposed into creative, inspiring office environments that are able to meet the fast-changing demands of today’s workforce.”
“Due to the rapid growth of our business, JAMF Software is quickly outgrowing its Minneapolis headquarters,” said Steve Hanson, vice president of operations, JAMF Software. “Our selection of a new office space was deliberate and careful. We knew we wanted a unique site in a highly desirable location; one that could support our culture and ongoing commitment to being one of the best places to work in the Twin Cities. 100 Washington Square offers enormous potential for us to achieve these objectives, as well as the flexibility to design a state-of-the-art headquarters that will help us attract and retain the very best talent.”
JAMF Software was represented in the transaction by John Lorence and John Nigon with CBRE’s Global Corporate Services Group.
“With their extraordinary growth, JAMF Software desired a location that offered an immediate solution to their space needs,” said Lorence. “The planned capital improvements at 100 Washington will provide a world-class headquarters that will attract and retain the best talent.”
Shorenstein is one of the country’s oldest and most respected real estate organizations active nationally in the ownership and operation of high-quality office properties. More recently, Shorenstein has made selective investments in multifamily rental properties. Due to its success over many years and multiple real estate cycles, Shorenstein has established its reputation as a creative and knowledgeable investor. The company is privately owned and is headquartered in San Francisco. The company’s current portfolio totals 25.7 million square feet.
Transwestern is a privately held real estate firm specializing in agency leasing, property and facilities management, tenant advisory, capital markets, research and sustainability. The fully integrated global enterprise leverages competencies in office, industrial, retail, multifamily and healthcare properties to add value for investors, owners and occupiers of real estate. As a member of the Transwestern family of companies, the firm capitalizes on market insights and operational expertise of independent affiliates specializing in development, real estate investment management and research. Transwestern has 34 U.S. offices and assists clients through more than 180 offices in 37 countries as part of a strategic alliance with Paris-based BNP Paribas Real Estate. For more information, please visit transwestern.com and follow us on Twitter: @Transwestern and @TranswesternMN.
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CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.