CBRE announced that construction is underway on Rogers 101 Business Park, a 442,000-square-foot, two-building speculative industrial development in Rogers, Minnesota. The property is being developed in a joint venture partnership between West Development, CP Development, and affiliates of Paceline Equity Partners, LLC (“Paceline”), a Dallas-based private equity manager.
CBRE’s Dan Swartz and Austin Lovin are leading leasing efforts on behalf of the landlord, Rogers 101 Holding Company LLC, and previously arranged the sale of the 33-acre site.
Rogers 101 Business Park will feature two modern distribution buildings with several amenities designed to accommodate a variety of industrial users, including build-to-suit office space, 32-foot clear heights, trailer parking and modern logistics capabilities. The property is located at 147XX Northdale Blvd. within the Northwest Twin Cities industrial submarket, proximate to Highway 101 and Interstate 94, providing strategic access to the greater Minneapolis-Saint Paul metropolitan area.
Completion is anticipated by the end of 2026, with an additional 13 acres at the site available for future development.
