United Properties will develop two new retail locations for Caribou Coffee in Anoka and Oakdale, Minn. Both freestanding locations will be about 1,800 square feet and include a drive-through.
The new Anoka Caribou Coffee will be located at the northwest corner of Ferry Street and Main Street. The new Oakdale Caribou Coffee will be located at the northeast corner of Highway 36 and Century Ave. Construction on both locations will begin in April of 2013.
“We’re very excited to be working with Caribou Coffee on these two build-to-suit projects, and we look forward to future projects with them,” said Keith Ulstad, senior vice president of development at United Properties.
Tricia Pitchford, Ned Rukavina and David Daly of Cushman & Wakefield/NorthMarq represented Caribou Coffee in both transactions.
