After 21 years managing the biggest building in Minnesota, the IDS Center, Jim Durda is joining Zeller Realty Group as executive vice president of the Minneapolis office.
Durda is well-known in the local commercial real estate community, with more than 30 years experience. He most recently served as vice president, asset manager and general manager at Accesso, a Florida real estate firm that owns IDS — the sixth owner under Durda's watch.
The move is a step up for Durda. He will manage Zeller's Twin Cities portfolio and expand the Chicago real estate firm's local and national footprint. At IDS, he had a staff of eight. Zeller has 36 people in its local office.
"It provides an opportunity to springboard into a city leader position with responsibility for acquisitions and leasing," Durda said. "Zeller has tremendous in-house talent, and that's seen by its great track record in the Twin Cities. To me, it's just fun to join such a winning team."
Zeller's Minneapolis-St. Paul metro area portfolio focuses on office space, often Class A, including the recently sold Fifth Street Towers and LaSalle Plaza in Minneapolis' central business district, as well as Wells Fargo Plaza in Bloomington, Edina Corporate Center and Wells Fargo Place in downtown St. Paul.
"Jim is very well-respected in the industry, and we are confident his experience and expertise will benefit our clients as well as our team," said Paul M. Zeller, managing principal and CEO of Zeller Realty Group, in a statement. "Jim's understanding of the market, depth of relationships, as well as his focus on providing first-class service to tenants makes him an excellent addition to our organization."
Deb Kolar, senior property manager at IDS, is expecting to step into the role of general manager after his departure, Durda said.
Durda has been a Minneapolis Downtown Council board member for nine years, and served as president of Building Owners and Managers Association (BOMA) in 2008, has been a member of the commercial real estate development association, NAIOP, since 1984.
Zeller and Durda are bullish on the Twin Cities. "We have about 3 million square feet and the goal is to double that size," Durda said.
Durda previously worked for United Properties, Woodbridge Properties and Xerox Corp.