November 29, 2020

Well, At Least RSM Plaza Won’t Have to Be Renamed

RSM US (the firm formerly known as McGladrey) will be sticking around RSM Plaza (the building formerly known as McGladrey Plaza) for a little while longer.

Chicago-based RSM US LLP on Tuesday [July 16] announced that it’s renewed its lease at RSM Plaza in downtown Minneapolis.

Though the building bears RSM’s name, it’s actually owned by Chicago-based Golub & Co. and Los Angeles-based Oaktree Capital Group LLC. RSM occupies more than 115,000 square feet in the plaza, making it the biggest tenant in the building. RSM Plaza is located at 801 Nicollet Mall.

An RSM spokesperson confirmed that the lease will run for 12 years.

In a news release, RSM added that it plans to “fully renovate the space to empower a modern workforce.” The new renovations are slated to wrap up in 2020. RSM didn’t provide any other particulars about the planned updates.

Those upgrades will be in addition to a recently completed $10 million renovation project at RSM Plaza. As part of that work, Golub and Oaktree Capital built a new lobby facing Nicollet Mall and improved the building’s skyway connections.

[Twin Cities Business]

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