Radisson Hotel Group Americas to move headquarters
Radisson Hotel Group Americas will be relocating its Minnesota-based headquarters from Minnetonka to St. Louis Park in January 2022. The company has signed a 36,000-sq.-ft., long-term lease for the 10 West End building at 1601 Utica Ave. Transwestern Real Estate Services (TRS) Principal Mike Honsa represented the landlord in the transaction.
Jim Alderman, CEO, Radisson Hotel Group Americas, told Hotel Business, “As the workforce begins heading back to the office, we are thrilled to make 10 West End our new home in early 2022. This new space boasts a fantastic location, beautiful skyline views of Minneapolis, along with the ability to accommodate a hybrid model as we evolve the way we work. Right now, the space is a blank canvas and our team is working diligently on our floor design and unique offerings for our employees. We are excited to share more in the months to come.”
Radisson Hotel Group Americas joins Two Harbors, Aerotek, CarVal, HDR, Blackburn and Charlie & Co. as tenants of 10 West End, an 11-story, 343,000-sq.-ft. property developed by Ryan Companies and The Excelsior Group. Construction on the building was completed in January. Amenities include high-tech conferencing spaces, bike and fitness facilities, collaborative lobby workspaces, open-air balconies on every floor, a top-floor tenant sky deck, free covered ramp parking and direct access to Central Park West.
“The activity surrounding 10 West End remains strong,” said Honsa. “We expect to see continued increased activity as more and more companies finalize their return to work plans.”
Tony Barranco, SVP, real estate development, Ryan Companies, said, “Radisson Hotel Group Americas is an incredible Minnesota-based hotel company and its long-term commitment to 10 West End further reinforces the demand for high-quality suburban office space in the I-394 corridor. I am excited to continue this momentum through the remainder of 2021.”
Kevin O’Neill of Colliers represented Radisson Hotel Group Americas in the transaction.