Allianz Life Insurance Co.

Golden Valley, MN
650,000 SF

Cresa Minneapolis

 

Client Objectives

Allianz wanted to relocate their corporate headquarters with minimal disruption to the current workforce, creating the capacity for significant growth.

Result

After the initial strategic planning exercise involving executive interviews and an email survey of the entire organization, Cresa was able to identify sites which met the organization’s requirements for location, access, growth and amenities. Shortly before committing to a preferred site, Allianz acquired a significant business unit, thereby altering the previous solution objectives. Additional evaluation led to the acquisition of an infill parcel equidistant between the two existing company facilities which was then redeveloped with city assistance. The result was a built-to-suit, state-of-the-art 650,000 SF headquarters facility completed in two phases.

Additional Assignments

Tenant Representation: 65,000 SF temporary expansion space - Minneapolis, MN
Disposition of 130,000 SF former headquarters - Minneapolis, MN
Tenant Representation for 30,000 SF ancillary data center - Eagan, MN
Tenant Representation for a 41,000 SF temporary expansion space - Minneapolis, MN
Tenant Representation for 10,000 AIMS - Minneapolis, MN
Relocation Management for Corporate Headquarters - Minneapolis, MN
Consulting services for architect and contractor vendor selection
Lease Abstracting/Administration of 14 leases throughout the U.S.
Disposition of 160 acre corporate lodge in northern Minnesota
Disposition of five excess sales office locations totaling over 11,000 SF
Tenant Representation: Philadelphia, PA; Huntington Beach, CA; Quincy, MA;Topeka, KS; Ft. Washington, PA; Sacramento, CA; Ann Arbor, MI; Hollywood, FL; North Palm Beach, FL