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MinnesotaIndustrial

CBRE helps close sale of 162,000-square-foot distribution center in Minnesota

Staff Writer April 5, 2017
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minnesota valley

CBRE recently helped close the sale of a Class-A 162,618-square-foot distribution center in Shakopee, Minn.

The center, 5655 Eleventh Avenue East, sold for $11.35 million. The center is completely occupied by two tenants.

Steven Buss, Tom Holtz, Ryan Watts and Judd Welliver of CBRE’s Minneapolis institutional group represented the seller, Capstone Quadrangle.

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