MINNEAPOLIS, April 9, 2019 – Cushman & Wakefield announced today that joint-venture owners DRA Advisors and Wildamere Capital Management have selected the firm to provide Agency Leasing services for Oracle Centre and International Centre, two interconnected buildings at 900 and 920 Second Ave. in the Minneapolis CBD.
Cushman & Wakefield’s Downtown Minneapolis office team of Executive Directors Tom Tracy and Peter Fitzgerald and Senior Directors Katie Tufford and Courtney Rosoff, who recently joined the firm, will lead leasing services for the 620,000-square-foot asset that DRA and Wildamere recently acquired. DRA, Wildamere and Cushman & Wakefield are planning to reposition the property via enhanced tenant amenities and public spaces.
“We are thrilled to partner with DRA and Wildamere to create a dynamic and inspiring environment for leading businesses,” Tracy said. “Planned enhancements will truly position this property as one of the most desirable office locations in the CBD.”
Amenities at Oracle Centre and International Centre include three levels of underground parking, a bike room, a fitness center with lockers and showers and conference facilities. The properties also offer dining and retail amenities including Ruth’s Chris Steakhouse, Caribou Coffee, Green + The Grain, Dave’s Downtown, Valentino Café, Café Pateen and Billy and Marty’s convenience store.
Wildamere will continue to provide management services at the property.
About DRA Advisors
DRA Advisors LLC was founded in 1986 and is a Registered Investment Advisor that specializes in real estate investment and management for institutional investors. As of December 31, 2018, DRA has completed acquisitions of 1,642 properties in 38 states valued at over $32 billion, consisting of 53 million square feet of office, 57 million square feet of industrial, 60 million square feet of retail, and 69,697 multifamily units. DRA is headquartered in New York City, with regional offices in San Francisco and Miami. For more information, visit www.draadvisors.com.
About Wildamere Capital Management
Wildamere Capital Management is a commercial real estate management company that provides investment, development and consulting solutions for various professional platforms. Headquartered in Edina, Minnesota, Wildamere currently owns and manages over 6.5 million square feet of commercial space. Wildamere also has offices in Minneapolis, Minnesota and Detroit, Michigan.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
Adam Rae Voge