Northland Center is a two-building Class A office park consisting of 493,000 square feet. The amenity-rich property is complete with a fullservice café and hair salon, large conference rooms accommodating up to 100 people, a fitness center with locker rooms, outdoor and indoor plazas, bocce ball court, covered and climate-controlled parking, and more.
Located in the southwest suburban commercial district, and along the border of the highly affluent Edina, Minnesota neighborhood, Northland Center is well-situated in an ideal location for those seeking a live-work-play environment. The property is surrounded by an abundance of shopping, dining, hospitality and entertainment options including the Edina Galleria. Tenants also benefit from the accessibility to multiple freeways, including I-494 and 35W, and public transportation.
“Signing a new tenant to our roster is reassuring of the property’s strength within the market,” said Gio Cordoves, senior vice president for KBS and asset manager for the property. “The strong amenities and ideal surroundings of Northland Center will provide great value to Travelliance, and we hope the relationship will be a lasting one.”
Ryan Bohrer of Cushman & Wakefield represented Travelliance and Bill Rothstein of Cushman &Wakefield represented KBS in the transaction.
KBS Realty Advisors is a private equity real estate company and SEC-registered investment advisor founded in 1992. KBS Realty Advisors and its affiliated companies have completed transactional activity of over $37 billion via 16 separate accounts, six commingled funds, five sovereign wealth funds and eight REITs. For information, visit www.kbs.com.