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SFM Mutual Renews Lease at KBS Minnesota Property

by Index Investing News
February 18, 2023
in Property
Reading Time: 1 min read
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The Northland Center in Bloomington, Minn. Image courtesy of KBS

SFM Mutual Insurance Co. has renewed its lease at the KBS-owned Northland Center office park in Bloomington, Minn.’s commercial district.

Northland Center, which is located at 3500 and 3600 American Blvd. West, consists of two buildings totaling 492,514 square feet of Class A office space.

The insurance firm occupies 49,490 square feet at the complex, which sits on a 13-acre site in the Minneapolis suburb. Located next to Interstate 494 and near I-35W, Highway 100 and Crosstown 62, the project is in close proximity to the Twin Cities and the Greater Minneapolis-St. Paul region, including the Minneapolis-St. Paul International Airport.

A new look

The project recently underwent almost $1 million in renovations, which included refurbishing both buildings’ lobbies and adding 25,000 square feet of office suite space.

The LEED Silver-certified corporate center includes a 5,000-square-foot fitness center, a full-service café with catering services, training and conference facilities, bicycle storage, on-site carwash and auto spa, as well as dry-cleaning services.

Cushman & Wakefield represented KBS on the lease renewal.



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Tags: KBSLeaseMinnesotamutualPropertyRenewsSFM
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