This tenant-tailored building serves as a business center and high-tech lab space, which houses divisions of 3M’s electrical markets and electronics materials solutions business units. 3M is an iconic, international Fortune 100 technology company that’s been in operation for more than 100 years. It holds a high investment-grade corporate credit rating from all three major U.S. ratings agencies (S&P: A+) The company has more than 14 years of its lease term on the campus remaining. Austin is ranked first out of 80 U.S. cities for its overall real estate prospects in 2020 by ULI and PwC, and boasts both a young and creative workforce and a business-friendly state government. The building itself is located within Parmer Innovation Center, a growing corporate park that houses several Fortune 500 tenants — including Apple, General Motors, Facebook and The Home Depot. Parmer Innovation Center has transformed into a vibrant 24/7 live–work–play district with several amenities under construction or planned including restaurants, hotels, an outdoor music venue and a training facility for Austin’s new Major League Soccer team.