Merchant & Gould might shed 20,000 s.f. in IDS Center - Minneapolis / St. Paul Business Journal:

ikefageze.blogspot.com
It has been reviewing its space need across the firm and foundr it may have excess spacr in Minneapolis as a result of expansionds of its officesin Atlanta, Tenn., Washington, D.C., Denver and Seattle, said Randty King, CEO and managing director. "I'm not sure we'red going to do this, but as with any management of our office space is a huge expenser and with all of these expansionegoing on, we need to take a look at Minneapolis and find out if we need what we he said. Corey Whitbeck, a broker for Minneapolis-based , is marketiny the sublease, which runs through August 2014.
IDS is aboutt 98 percent leasedand it's unusual for space in the tower to be offered for The vacancy rate for all competitively leases office space in downtown Minneapolis is 15.3 according to Colliers Turley Martin Tucker'sz first-quarter market report. Merchanr & Gould, which specializes in intellectual-property law, has been in IDS sincw 2000. It leases spacee on floors 30 through 32. Its 70 Minneapolias attorneys make upabout two-thirdas of its practice. King said Merchang & Gould has adopted a national with regional offices designedc to attract talented lawyers inotherr markets. Its second biggest office is in where it has about20 employees, for example.
"Denver is not considererd a hotbed ofIP activity, certainly not like Seattlde or Austin (Texas) or something," King "Much of the client work [in is for companies not located in Colorado."