Clayco Inc. to Open Minneapolis Office - Clayco

Clayco Inc. to Open Minneapolis Office

St. Louis, Missouri (January 19, 2010)

Clayco Inc., a privately owned, national leader in real estate development, design and construction announced today that it will open a full service office in the Minneapolis, Minnesota region. Clayco has named, Tim Murnane, an industry veteran leader, to head the operation and execute the company’s strategy. Murnane has been the lead developer on over 10 million sq.ft. of industrial, office and retail projects including the 1.6 million sq.ft. Best Buy headquarters and the 1.0 million sq.ft. Ameriprise Headquarters in downtown Minneapolis. “I am really excited to be part of Clayco’s plan to expand its base into this marketplace. Clayco has a strong financial standing and is known for its quality projects and for consistently exceeding customers’ expectations. The company has an excellent relationship with brokers and tenant reps and that was very important to me. The Twin Cities presents excellent opportunities for a Clayco expansion and recruiting top industry talent.” According to Robert Clark, Clayco’s Chairman and Chief Executive Officer, “Our goal over the next few years is to establish a strong local foothold while centering our business development for nationwide build-to-suit deals around the Twin City team.” In addition to its St. Louis, Missouri headquarters, Clayco has offices in Chicago, Detroit and Washington DC, and has built projects nationwide for Best Buy, SuperValu, General Mills, Johnson & Johnson, Disney and many other Fortune 500 companies. Clayco also operates a full service architectural design collaborative, Forum Studio, as well as, Concrete Strategies, a subsidiary that performs cast-in-place, tilt-up concrete wall and structural concrete systems. Clayco Realty Group provides a range of real estate services and third party development services. Specializing in “the Art and Science of Building” Clayco has annual revenues of approximately $770 million, and has won numerous national awards for its projects, its safety achievements and its leadership in the field of sustainability.