Normandale Lake Office Park Announces 8200 Tower LEED Certification and
New D’Amico & Partners Restaurant
MINNEAPOLIS (Jan. 27, 2010) — NorthMarq today announced two new
developments related to the 8200 Tower at Normandale Lake Office Park,
which recently received an Award of Excellence from the Minnesota
Chapter of the National Association of Industrial and Office Properties
(NAIOP): the Tower has earned LEED Gold certification and D’Amico &
Partners will open a new restaurant there in June 2010.
Owned by TIAA-CREF, the 8200 Tower was completed last year and is the
new regional office for AON/Benfield. At eleven stories and 275,000
square feet, this fifth building in Normandale Lake Office Park,
Minnesota’s premier suburban office complex, expands the total area to
over 1.7 million square feet.
New Restaurant
D’Amico & Partners has signed a long-term lease for the first floor of
the 8200 Tower. The yet-to-be named restaurant will be a new concept for
D’Amico & Partners, which owns and operates other premium restaurants in
Minnesota including Campiello, MASA, D’Amico Kitchen and D’Amico and
Sons.
D’Amico & Partners was represented by John Johannson of Welsh Companies.
LEED Gold Certification
NorthMarq also announced that the U.S. Green Building Council awarded
the 8200 Tower its LEED Gold Level certification for Core & Shell. The
certification recognizes energy saving efforts related to building
exteriors, including base building elements like structure and
building-level systems like central HVAC. The building's high-efficiency
mechanical systems, storm water design and low-emitting materials were
among the key contributing factors to the LEED Gold certification. As an
EPA ENERGY STAR Partner of the Year for the last two years, sustainable
operating experience in energy efficiency and reduction of greenhouse
gases is a key focus for TIAA-CREF.
“The building offers cutting edge design while being energy-efficient
and socially responsible,” said Nick Stolatis, Director, Strategic
Initiatives, TIAA-CREF Global Real Estate. “Reducing the environmental
footprint of our real estate portfolio is central to our investment
philosophy and adds value for clients and tenants and reflects the
interests of our clients.”
About TIAA-CREF Global Real Estate
TIAA-CREF is one of the largest institutional real estate
investors in the United States, with an approximately $55 billion global
portfolio of direct and indirect investments (9/30/09). TIAA-CREF
originated its first commercial mortgage in 1934 and began direct
investment in commercial real estate in 1947. Today, on behalf of
individuals, public and private institutions in the U.S. and abroad,
TIAA-CREF Global Real Estate directly owns approximately $14 billion
(9/30/09) of primarily high-quality properties in the office, retail,
industrial and multifamily sectors across the U.S., Canada and Western
Europe. TIAA-CREF is a national financial services organization and the
leading provider of retirement services in the academic, research,
medical and cultural fields with $402 billion in combined assets under
management (9/30/09).
About NorthMarq
NorthMarq offers a full range of commercial real estate
solutions from its headquarters in Minneapolis, Minn. NorthMarq Real
Estate Services provides brokerage, property management, tenant
representation and healthcare advisory services to investors and space
users in the Minneapolis/St. Paul market. NorthMarq Corporate Solutions
works nationally with mid-sized corporate users to manage their real
estate needs. The NorthMarq Capital group offers commercial real estate
investment banking, investment services, real estate debt and equity
financing, and commercial loan servicing in 30 offices coast-to-coast,
with an average of $10 billion in annual production volume and services
a loan portfolio of more than $37 billion. For more information, please
visit www.northmarq.com.
About D’Amico & Partners
D’Amico & Partners, one of the nation’s preeminent restaurant
and catering developers, owns and manages 24 restaurants in Minneapolis
and Florida. Their properties include: D’Amico Kitchen (1), Campiello
(2), Café and Bar Lurcat (2), D’Amico & Sons (12) and MASA—featuring
upscale, contemporary Mexican cuisine. The Wall Street Journal hailed
MASA one of the United States “top 10 most anticipated restaurants…”
when it opened.
TIAA-CREF Individual & Institutional Services, LLC, and Teachers
Personal Investors Services, Inc., members FINRA, distribute securities
products.
© 2010 Teachers Insurance and Annuity Association-College Retirement
Equities Fund, New York, NY 10017
C46762
Contact:
Martha Nevanen
952.893.7539
martha.nevanen@marquettere.com
Gwen Chynoweth /
Keith Negrin
Maccabee Group
612.294.3131