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MinnesotaIndustrial

CBRE closes 199,600-square-foot industrial lease in Fargo

April 24, 2025
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Photo courtesy of CBRE.

CBRE has arranged a 199,600-square-foot, long-term lease at Dakota Commerce Center, a 633,200-square-foot industrial development in Fargo. An undisclosed company will occupy 100% of building 3.

CBRE’s Chance Lindsey and Kyle Ferderer represented Dakota Commerce Center’s owner and development partners, Hyde Development and Gremada Industries, in the lease negotiations.

Construction on the Class A, four-building, master-planned industrial park broke ground in 2021, with building 1 delivered in 2022. Subsequent buildings 2 and 3 were delivered in 2023 and 2024 and building 4 is currently under construction with an expected fall 2025 delivery.

Dakota Commerce Center is located at 3701 40th Ave. N., just off Interstate 29 and adjacent to DCC North, a 111-acre site zoned for industrial development. The park features dock-high loading, drive-in doors, 32-foot clear heights, 40-by-52-foot column spacing, 36 trailer stalls, high-bay LED lighting and 12-inch insulated precast wall panels.

The park is currently 100% occupied.

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