Midland Credit Management has announced it is moving its office in St. Cloud, Minn., to a newly renovated facility on the second floor of an old department store. About 150 employees will be moving to the new office, which is expected to improve the company’s visibility and access to downtown, St. Cloud, the company said.
Midland has operated an office in St. Cloud for 50 years, according to a published report. It will be replacing Capital One, which used to occupy the second floor of the former Herberger’s building. The office is 47,500 square feet and renovations are aiming to be completed by the end of the month, according to the report. Herberger’s closed in 2018 after 91 years in business.
Capital One transitioned employees to work from home during the COVID-19 pandemic and is no longer using the space. It did sign a lease for the office through 2028.
Midland Credit is a subsidiary of Encore Capital Group.
“Our colleagues are excited for a fresh start in an updated space,” said Bonnie Trigg, Senior Director of Call Center Operations at MCM. “Moving our operations downtown allows us to engage even more meaningfully with our community through groups like the St. Cloud Downtown Alliance and the Chamber of Commerce. We also hope this move brings more opportunities for team building with closer access to popular entertainment venues, restaurants, and shops. We expect our new location and updated work environment to help with attracting and recruiting new candidates as well as retaining our talented MCM colleagues.”