Minneapolis Office Space

3660 Technology Dr NE Listing
Columbia Park, Minneapolis, MN
# 3660 Technology Drive #### Description The OATI Data Center was designed to house critical cyber assets supporting the North American utility grid. OATI is pleased to offer data center facilities to discerning customers that require enhanced resiliency and security. Lessees can utilize a portion of the OATI data center floor space, supported by the electrical and mechanical infrastructure owned and maintained by OATI. Available data center offerings range from fully managed, on-site staff to dedicated data center space with 24/7 tenant access. #### Property Highlights - World-Class data center facility located in the OATI corporate headquarters - Full building renovation with data center construction in 2010 - DC raised floor is 24" - All cabling in overhead racks - Console/Monitoring Room technicians - Staging Area/Test Lab access - 24-hour monitoring of electrical and mechanical systems - Data Center Operations reporting - Ancillary office space and meeting facilities available #### Infrastructure - Populated cabinet power ~5-6KW per cabinet (system designed to handle up to 10KW per cabinet) - Tri-Redundant critical power design redundancy, 2N cooling redundancy - 400v 3-phase, 230v single-phase - Three (3) generators for critical back-up and two (2) more for building power - Extensive physical security with biometric card readers, video surveillance, etc. - Environmental controls including VESDA, FM-200, Dry-Pipe Pre-Action Sprinklers, extensive leak detection and prevention #### Available Data Center Space for Lease Space A - 5,500 SF - Up to 1.5MW Critical Power Space B - 1,800 SF - Up to 330KW Critical Power #### Utilities - Three (3) feeds from two (2) separate distribution feeders - Utility providers: Xcel Energy (electric), Minneapolis Water Department (water), CenterPoint Energy (gas) #### Carriers/Fiber Providers - Verizon Business - CenturyLink - Level3 - XO Communications #### Compliance Certifications - SSAE16/ISAE3402 - NERC CIP (Critical Infrastructure Protection) - NIST SP 800-53 - NAESB WEQ-012 - WebTrust Features - Secured surface lot parking with perimeter fence, video surveillance, and card access; Approximately 446 space capacity - One (1) dock, two (2) overhead doors, including a leveling plate

Minneapolis

Office Space Market Report

Number of Listings (last 90 days)
452
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
6,810
As of: December 8, 2016

Minneapolis Rates

Most listings are in the $20's per square foot per year. The Minneapolis region is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.

Minneapolis Listing Supply

In the last 90 days, 453 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the listings in the Minneapolis are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 6,700 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 3 stories. Most buildings in this area were built in 1927 and are Class B.

Minneapolis Community

Market Report

Trends and status of the commercial real estate market in Minneapolis.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Minneapolis.
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