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MinnesotaIndustrial

CBRE closes $7.5 million in financing for 215,000-square-foot distribution facility in Minnesota

Staff Writer April 2, 2017
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CBRE Capital Markets’s debt and structured finance team arranged $7.5 million in construction-permanent financing for a 215,900-square-foot distribution facility in Shakopee, Minnesota.

The building is completely leased to healthcare and pharmaceutical distribution firm AmerisourceBergen for 10 years.

AmerisourceBergen’s new facility will sit on a 20-acre site in the Valley Park Business Center in Shakopee. It will feature 30-foot clear heights.

CBRE represented the sponsor, Founders Properties. Doug Seylar, Murray Kornberg and Jessica Lytle lead the deal.

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