Ryan Companies Real Estate Management, a leading office, healthcare, industrial and retail service that manages and maintains over 13.5 million square feet across the US has been retained by City Center 33 South Property, LLC. Ryan Companies has taken over the maintenance, property and asset management of City Center, a 1.6 million square feet multi-use complex located in the heart of the Minneapolis central business district (CBD).
“City Center has been a prominent and vital part of Downtown Minneapolis for over 35 years, we are delighted to bring our insights to the property to elevate the office and retail experience and bring its value to new heights in alignment with the new Nicollet Mall,” said Jeff Steinke, Vice President Real Estate Management, Ryan Companies, US, Inc. “We have proven success in protecting and adding value to the properties we manage, we are thrilled the ownership group recognized our significant contributions in the industry and how we can build upon that at the City’s core gathering place.”
City Center, which is comprised of nearly two city blocks in the center of Minneapolis, includes the 51 story, 33 South Sixth street tower, a three level, 381,630 SF retail mall, a 687-stall attached parking garage and the Minneapolis Marriott. The Marriott is not part of the management agreement.