DLA Piper represented the landlord in the negotiation of a lease expansion agreement that resulted in over 214,000 rentable square feet being leased to SPS Commerce at 333 South Seventh Street in Minneapolis and the building being renamed SPS Tower.

The 31-story building is a renowned fixture in the Minneapolis skyline and one of the prime buildings in the city's famed central business district. The landlord is a public pension fund with over $200 billion in assets and is advised by the international investment management company CBRE Global Investors.

"DLA Piper provided impressive counsel during these negotiations – which has resulted in one of the largest leases in the city of Minneapolis," said Robert Traeger, general manager of the building for CBRE, Inc., a commercial real estate services firm that handles the building’s management and leasing. "With these expansions, SPS Commerce will lease over a third of the building, making it the largest tenant in what is now SPS Tower."

The DLA Piper attorney representing the landlord was partner Casey Sobhani (Los Angeles).