Monday, February 6, 2012

MetWest signs PBSJ as second tenant - Minneapolis / St. Paul Business Journal:

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The national engineering company is expected to occupyabout 83,000 square feet in the 250,000-square-foot tower that has been builtt to meet the ’s Leadership in Energu and Environmental Design. PBSJ Chief Executiv e Officer John B. Zumwalt III said the companyu looked for an office in proximity to its clients and one that incorporater sustainabledesign strategies. “MetWest International fit that bill in termds ofoffice space, location, LEED certification, and pedestrian-oriented site design,” Zumwalt said in a statement.
PBSJ was expectes to announce the move Thursdayto MetWest’s first tenant — , also the project’s general contractor — occupies abouyt 20,266 square feet on MetWest’s second floor. The firsrt phase of the 32-acre, $200 million developed opened this year as demand for office and retaikl fell to its lowest levelin PBSJ, which moved its headquarters to Tamp from Miami in 2006, is now at Cypress 5300 W. Cypress St. That Westshore building, constructed in is owned by LLC.
While Cypress Commons is losing amajor tenant, the business district is benefitin g as a whole, said Kyle Burd, regional vice president of Eola Capital, an Orlando-basee real estate investment firm. “It’s a shot in the arm for

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