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Target To Slash 1 Million Square Feet From Its Minneapolis Headquarters

Retailer Says It Doesn't Plan To Have Workers Return to 51-Story Skyscraper
Target Corp. was the long-standing anchor tenant at City Center, a 1.35 million-square-foot office tower atop a 400,000-square-foot retail complex. (CoStar)
Target Corp. was the long-standing anchor tenant at City Center, a 1.35 million-square-foot office tower atop a 400,000-square-foot retail complex. (CoStar)
By Clare Kennedy
CoStar News
March 15, 2021 | 2:48 AM

Target Corp. plans to leave a downtown Minneapolis headquarters building where it has leased almost 1 million square feet for at least 15 years as it shifts to remote work, a sign that even companies that have survived the pandemic flush with cash may not be in the mood to expand their office footprint.

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