Metropoint
BPG has seen 375,000 SF in new leases, renewals and expansions since the remodel, increasing occupancy by 15%.
Metropoint
BPG Properties, headquartered in Philadelphia, purchased the former Interchange office complex on I-394 in Minneapolis in one of the area's largest commercial real estate transactions in 2006. BPG hired Shea to reposition the property and begin design plans for the renovation of four existing buildings in order to reintroduce the complex to the market and increase its leasing activity. Shea renamed the property Metropoint - The Center for Business and created a repositioning plan that developed four disjointed buildings into a unified corporate campus with enhanced amenities.
Shea reconfigured driving lanes and developed a grand entrance and reception area for the main building that helps to orient guests and employees. The exterior upgrades were applied to all buildings within the complex. In addition, Shea created a cohesive look for the building interiors, incorporating new lighting fixtures, furniture, and finishes.
Since the upgrades, BPG has seen 375,000 SF in new leases renewals and expansions with increased rental rates, increasing occupancy by 15%. In 2008, it received a regional TOBY Award from the Building Owners and Managers Association (BOMA), signifying excellence in the office building industry.
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