September 20, 2022
By Dee DePass and Jim Buchta Star Tribune
This week, the IDS Center noted that several of its tenants, including wealth management firm Okabena Co. and law practice Lathrop GPM, have renewed their leases or increased their space needs.
The 57-story IDS Center, which is celebrating its 50th anniversary Thursday, is a Class A office building with the kind of amenities and high-quality office space that many companies are now seeking. That’s especially true for companies that are downsizing their space as they shift to hybrid work arrangements.
“As many companies embrace hybrid work schedules and solidify their long-term office plans, these lease expansions and renewals prove that the IDS Center remains an ideal option for a wide variety of tenants,” said Deb Kolar, general manager of the IDS Center.
MedTrace Pharma recently signed a new lease for about 2,700 square feet while an existing tenant, the law firm Taft Stettinius & Hollister LLP, took an additional 15,500 square feet.