425 West Superior St
Retail | 200,389 SqFt
Marketing description
Binswanger is pleased to announce the sale of the top-tier, LEED certified, Class A office building in downtown Duluth, MN.
The property was constructed in 2016 and occupied in 2017. This building is home to the corporate headquarters of Maurices, an apparel retailer with over 900 stores throughout the Midwest U.S. Maurices has been in business since 1935, with its headquarters located in Duluth. The other primary tenants are Premium Brands (Ann Taylor & LOFT), two iconic women's apparel businesses.
The building is expected to be 81% leased prior to the closing of the sale, with select available retail space on the first and second floors.
This is a chance to own one of the finest corporate HQ office buildings in the country with quality, good-credit tenants. The property has tremendous views of Lake Superior and plenty of retail, restaurants and hotels within walking distance.
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