Can’t wait for the YouTube video on the atc communications.
Actual call that my kid could not go to because he was doing clinicals for the city at the fire station down the street:
WTF?!?! Why is trying to move the airplane illegal now?
Crash site, ntsb investigation maybe?
I think it’s what Steve said: any accident involving a plane requires a NTSB investigation, so the craft can’t be moved until NTSB says it’s OK. But I’m also not a pilot, maybe someone here who is can clarify.
“Ted, why do you say it’s incredible more people aren’t killed by tornadoes?”
Watch: Iowa DOT camera shows tornado cross highway near Nevada, Iowa
News that makes you say, “:yikes:.”
What happened to the tanker truck that drove straight into the tornado?
My wife’s Macy’s credit card has an APR of just under 35%.
Going for the 13th century look.
Think about the tax loss carryforwards!!!
[or]
Here’s the article from 2016 when it was bought/sold for $200M:
2016
Ameriprise office building in Minneapolis sells for $200M
text
Ameriprise office building in Minneapolis sells for $200M
The deal is the largest office transaction in Minnesota this year.
By Nicole Norfleet
September 1, 2016 at 7:27PM
The 31-story building at 707 2nd Av. S. is the headquarters of Ameriprise, one of the nation’s largest full-service investment firms.
The 31-story building at 707 2nd Av. S. is the headquarters of Ameriprise, one of the nation’s largest full-service investment firms. (Star Tribune/The Minnesota Star Tribune)
Ameriprise Financial Center in downtown Minneapolis has sold for $200 million, the biggest real estate transaction in the state this year.
Minneapolis-based Founders Properties LLC, sold the office tower to Morning Calm Management, a West Palm Beach, Fla.-based real estate investment and management firm, according to a transaction record filed Wednesday.
“The property stands as one of the highest quality assets in downtown Minneapolis,” Mukang Cho, Morning Calm’s chief executive, said in an e-mail.
The building at 707 2nd Av. S. is the headquarters of Ameriprise, one of the nation’s largest full-service investment firms.
The company has a multiyear lease at the building that will not be affected by the sale.
The 848,000-square-foot, 31-story building was constructed in 2000. According to Hennepin County property records, it’s valued about $125.8 million.
Founders is a privately held real estate investment company that was formed by Best Buy Founder Richard M. Schulze and Opus Group founder Gerald Rauenhorst. A representative from Founders wasn’t immediately available Thursday.
The next-biggest office transaction in Minnesota this year was the sale of the Plaza Seven building, now called PwC Plaza, earlier this summer for $82 million.
…and the article from today:
2025
Downtown Minneapolis’ Ameriprise Financial Center sells at 97% discount
text
Minnetonka-based Onward Investors purchased the 31-story Ameriprise Financial Center at a big discount, adding to its growing portfolio of downtown Minneapolis office buildings.
The firm paid $6.25 million in cash for the property at 707 S. Second Av., according to sources familiar with the deal. The building last sold in 2016 for $200 million.
The glassy 960,000-square-foot building will soon be vacant since its namesake tenant, one of the nation’s largest full-service investment firms, is consolidating workers in its client service center a few blocks away.
According to a Thursday news release, Onward is exploring a variety of options for the property, including conversion for non-office uses.
“The purchase of the Ameriprise Financial Center is another demonstration of our desire to be an active participant in the recovery of downtown Minneapolis,” Jon Lanners, a partner at Onward, said in a statement. “We believe that now is a great time to be investing in the city’s future and look forward to engaging a multitude of stakeholders in the coming months as we reimagine this well-known asset in the Minneapolis skyline.”
Onward was part of the joint venture that purchased downtown Minneapolis’ Wells Fargo Center for $85 million late last year. The firm also recently partnered with Edina-based Willow Peak to acquire another downtown office building at 300 First Av. N. for $5 million and is helping finance the stalled West Hotel project in the North Loop.
With a $125 million fund fueled by private investors, Onward has been on the hunt for discount office buildings across the country, closing deals in Charlotte, N.C., and Richmond, Va., in recent months.
“We don’t think office is dead forever,” Lanners said in an interview. “I mean frankly, we’re already seeing a pretty substantial uptick in demand across our portfolio from a leasing perspective. I feel like it’s a great time to be investing in high-quality assets that we believe will stand the test of time and will attract tenants going forward.”
Lanners said Onward was drawn to the Ameriprise Financial Center because of its central location, skyway access and good quality. The property includes below-ground parking for more than 300 vehicles in a ramp accessible from South Third Avenue.
“It’s sort of a blank canvas at this point,” Lanners said of the building. “All options are really on the table for us.”
The property had served as Ameriprise’s headquarters since its construction in 2000. The out-of-state firms that purchased the building in 2016 essentially handed its keys back to their lender in 2023, amid the company’s transition to other offices.
Ameriprise remains one of downtown Minneapolis’ top employers with nearly 4,500 workers, according to a Minneapolis Downtown Council survey last year.
The overall office vacancy rate for the Minneapolis central business district was 33.5% at the end of 2024, according to brokerage firm Cushman & Wakefield. Brokers said despite the bump in vacancies, asking rents increased by the end of the year in large part because companies are seeking higher quality, but smaller, offices.
City assessors most recently estimated the value of the Ameriprise Financial Center to be $70.7 million, a figure that will be used to calculate taxes payable this year. The city will release a new round of assessments in March.
Think of it as an opportunity to spread your wings and fly!!!
You’ll need to go to tweeter for this one: