Fifth Street Towers_Property for Sale
Fifth Street Towers_Property for Sale

Fifth Street Towers

150 S 5th St, Minneapolis, MN, 55402-4200, US

Description

Jones Lang LaSalle Americas, Inc. ("JLL") presents the opportunity to acquire the 100% fee simple interest in Fifth Street Towers (the “Property” or “Opportunity”), a 1,088,623 square foot, 2-building premier office property located in Minneapolis’ Central Business District. The 25-story 100 Tower was constructed in 1984 and the 36-story 150 Tower followed in 1988. These assets underwent an extensive $43 million renovation with a market-defining amenity package that creates an unmatched tenant experience with proven track record of attracting and retaining industry-leading tenants.


This offering represents the opportunity to acquire architecturally-significant Class A office assets in an unparalleled location. With a light rail stop outside the front door, and lined by the Marq2 transit corridor, as well as multiple parking entries, Fifth Street Towers has the best access to transit of any office building in the CBD. At 70.6% leased with 4.5 years of remaining average lease term (“WALT”), Fifth Street Towers represents the exceptionally rare opportunity to acquire a best-in-class office asset with in-place cash flow at a significant discount to replacement cost and substantially increase NOI through lease up. All inquiries regarding this value-add office asset should be directed to JLL.

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Attributes

Building area net
101,136 sm
Year built
1989
% Leased
70.6%
% Leased (Less Vacates)
64.6%
WALT
4.5 years

Media

Investment highlights

  1. Checks All The Boxes For an Executable Value-Add Opportunity
  2. State-of-the-Art Transformative Lobby & Amenity Renovations
  3. Unrivaled Transit-Oriented Location
  4. Incredible Basis at a Substantial Discount to Replacement Cost
Fifth Street Towers 4_Property for Sale
Fifth Street Towers 4_Property for Sale

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Fifth Street Towers (0 Properties)

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Last updated
Apr 9, 2026