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Fredrikson & Byron will complete a build-out of the nine floors it plans to occupy in RBC Plaza, ensuring the space meets the needs of a modern law firm. (File photo: Bill Klotz)

Fredrikson & Byron planning move to RBC Plaza

Fredrikson & Byron, P.A., is relocating its approximately 535-person staff to the RBC Plaza in downtown Minneapolis in 2023.

The Minneapolis-based law firm is moving from its current 204,459-square-foot lease at U.S. Bank Plaza to the Class A, 40-story building, located at 60 S. Sixth St., in mid-2023, according to a news release from Fredrikson & Byron.

“It’s an excellent building. The location of it on Nicollet Mall makes it real attractive and, economically, it was the best choice for us,” said firm President John Koneck.

Fredrikson & Byron is relocating from U.S. Bank Plaza, where it’s been since 2002, at the expiration of its lease in 2023, at which time U.S. Bank will take over the law firm’s leased space.

Koneck said the cost of renovating its current space is “financially prohibitive.”

The firm will complete a build-out of the nine floors it plans to occupy in RBC Plaza, ensuring the space meets the needs of a modern law firm, Koneck said. For example, he said, the firm needs less room for storing paperwork and wants up-to-date workspaces.

“We weren’t using … our existing space very efficiently,” Koneck said.

They’re in the process of selecting a contractor for the project, he said. Once complete, the new space will be designed to allow for easier renovations in the future, ensuring quick adaptation to upcoming workplace trends, he said.

“Coming out of the pandemic, once we can be in the same place again, our strong preference will be to have everybody together,” he said. “But since we’ve all learned that we can work remotely, we will be more flexible in the work arrangements that we have.”

Even with growing interest in continuing remote work post-pandemic, Koneck said Fredrikson & Byron is committed to remaining in downtown Minneapolis. The firm was founded there, and it serves as a centrally located place for its employees who live across the Twin Cities.

“We’re committed to making our city successful. … We are using this new lease as a platform to say that, and also indicate how important the future of the city is to us,” he said.

Fredrikson & Byron plans to lease 178,191 square feet of the building, starting in June 2023. Their lease runs for 16 years, and includes access to underground and valet parking, a lounge, fitness center, and bike parking and storage, the news release said.

Founded in 1948 in Minneapolis, Fredrikson & Byron is one of the region’s largest and fastest growing firms. It has offices in the Midwest, China and Mexico, with over 300 attorneys in more than 50 practice and industry areas, according to its news release.

Transwestern’s Mike Salmen, Larry Serota and Will McDonald led the team representing Fredrikson & Byron. Brent Robertson, Andrea Leon and Jon Dahl of JLL represented RBC Plaza in the transaction, according to the news release.

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