Real Estate Full Steam Ahead – 2019
02/27/2019Arrow Real Estates takes on 2019 full steam ahead! Check out what we have been up!
Landlord Representation – LEASED
1,143 SF space leased located at 7584 80th Street South in Cottage Grove to All State Insurance Agency.
Title Boxing Inc. leased 2,066 SF at located at 21897 South Diamond Lake Road, Rogers.
Tonkawood Office Park will have a new tenant in March. The Okonite Company will be leasing 1,444 SF at 16200 State Hwy. 7 in Minnetonka.
1,250 SF was leased at 3185 Fernbrook Lane in Plymouth to Sivo Insights (Marketing Company).
Radux Devices, Inc. leased 1,728 SF Office Condo at 11292 86th Ave. N. in Maple Grove.
Jayco Plumbing leased 2,598 sf and Corporate Connection, Inc. leased 4,200 sf at 22027 Industrial Blvd, Rogers. This building is now FULLY LEASED!
Lensworks Optical Labs, LLC leased 16,800 sf at 22501 John Deere Lane, Rogers.
Seller Representation
9668 Fallon Avenue NE, Monticello closed on January 16th for $1.3 Million. Congrats to DSG Plumbing on your new property!
8455 Xerxes Ave. in Brooklyn Park sold in January. The 3,970 SF Industrial Condo sold for $401,000 to Edgar Soriano. This buyer also purchased investment condo within the same complex at 8451 Xerxes Ave. for $375,000. The current tenant will continue to occupy this 4,066 SF condo.
7,500 SF Office Condo located at 20980 Rogers Drive, Rogers was sold $850,000. It closed on February 13th. Arrow represented the Seller Benzinger Investments, LLC
On February 13th, 7610 University Ave NE in Fridley, MN sold for $1.195 million to University 3, LLC.
1.41 acres of industrial land located at 21840 Industrial Court, Rogers closed on February 25th!
Tenant Representation
Insightformation, Inc. on leased 891 SF of space at 10700 West Hwy 55 in Plymouth. They will be moved into their new space on February 1st.
On February 1st Lions Fitness, LLC signed a lease for 3,448 SF at 1265 Kuhn Drive, Suite #200 in St. Cloud. Their lease will commence on April 1st!
Arrow represented Shred N Go on the lease of a 14,500 sf property with over an acre of fenced in outside storage located at 22851 Industrial Blvd in Rogers.
Property Management
Arrow’s Property Management portfolio has grown again! In January Arrow started managing an industrial building in Brooklyn Park and in February we started managing a retail property in Fridley.