Office success stories? They still happen. The E in the Twin Cities market proves it

By Dan Rafter, Editor

Of all the sectors hit by the COVID-19 pandemic, none is suffering more today than office. Companies are still struggling to bring their workers back to their cubicles. Building owners are dealing with sky-high vacancies. And no one knows yet just how much office space companies will need as the work-from-home movement continues.

But these challenges didn’t stop City Center Realty Partners from closing 2022 by signing four new tenants at The E, a 107,000-square-foot office tower in the Twin Cities suburb of Edina, Minnesota.

The new leases brought The E to 75% leased. That’s quite an accomplishment: The office tower, jointly owned by City Center Realty Partners and Contrarian Capital Management, started 2022 completely vacant.

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