The Dayton’s Project Announces Unilever as Newest Tenant

Via a February 28 e-announcement:

The Dayton’s Project signed a new lease, welcoming Unilever to the historic redevelopment. Unilever is set to occupy 13,445 SF of the building. As the global leader in sustainable business, Unilever has a long history of supporting the communities it serves, having been ranked as sector leader in the Dow Jones Sustainability Index for the tenth consecutive year. Unilever’s lease follows Ernst & Young and Uncommon Retail, signaling momentum in downtown Minneapolis and The Dayton’s Project..

“Our team is thrilled to have Unilever as part of The Dayton’s Project,” said Jim Montez of Transwestern. “This new lease shows a great sign for downtown Minneapolis. Companies are interested in coming back, and The Dayton’s Project is the perfect space to bring your people to. The recent redevelopment has provided tenants with rare outdoor space, a luxury gym, and flexible places to work and meet within the building.”

.

The Dayton’s Project was built in 1902 and originally was used as the Dayton’s Department Store, which later became Target. In 2017, ownership group 601 W. Companies bought the property with the goal of taking the 1.2 million square foot project into retail and modern office space. The Dayton’s Project now boasts exclusive amenities for tenants, including a rooftop deck, a private lounge, high-end fitness center, and library.

.

Unilever is one of the world’s leading suppliers of Beauty & Personal Care, Home Care, and Foods & Refreshment products, with sales in over 190 countries. Unilever’s products are used by 2.5 billion people every day and includes iconic brands such as Dove, Hellmann’s, Shea Moisture, Seventh Generation, and Vaseline.

.

Jim Montez, Erin Fitzgerald, and Alex Baron of Transwestern with Mercedes Barsh of The Telos Group represented ownership in the transaction. Emily Nicoll of CBRE represented Unilever in the deal.