Jostens moved into a 58,600-square-foot headquarters in the Minnesota Center
CBRE recently represented Jostens in a 58,600-square-foot lease to relocate the company’s headquarters office to Minnesota Center in Bloomington, Minnesota.
Jostens, a manufacturer of memorabilia for K-12 schools, colleges and professional sports teams, has relocated its headquarters to a custom-designed office spanning three floors at Minnesota Center. CBRE’s Brian Fogelberg and Mark McCary represented Jostens in the new lease.
The move allowed Jostens the opportunity to create an innovative work space that matches the creativity and culture of the organization.
The new layout – which includes flexible workspace, collaborative areas, fewer private offices and more small conference rooms – is more efficient than the company’s previous space allowing for a 16 percent reduction in total square footage leased. Minnesota Center also offers amenities for tenants in the building including a conference center, fitness center and covered parking.
“Jostens is grateful for CBRE’s work in helping us realize an innovative, state-of-the-art work space for our employees that matches and further unleashes their creativity,” said Chuck Mooty, Jostens CEO. “Recruiting and retaining the best talent is critical to the growth of our business and our organization, and our new headquarters is already helping us achieve both.”
Jostens’ previous 67,000-square-foot headquarters was located in France Place.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.