 On November 9, 2006, it completed a public offering that raised $80 million.In March 2008, Capella Education Co., longtime occupant the 225 South Sixth skyscraper in downtown Minneapolis, signed a new lease that changed the name of the building to Capella Tower.The expanded facility housed all of the company's 1,150 downtown Minneapolis employees, since Capella, as the online school does not have classrooms, the space houses administrative staff and faculty.