Cushman & Wakefield/NorthMarq representatives recently closed the sale of the 155,000-square-foot Kennebec Distribution Center in Eagan, Minn. Investment firm TA Associates purchased the property for an undisclosed price from Dover Partners.
The Kennebec Distribution Center sits on more than 12 acres. The center’s features include a 50-foot concrete apron surrounding the building, fenced and secured outside storage, clean and functional space for freight and distribution users, 56 docks and immediate access to major highways. Office space comprises more than 19,000 square feet of the property.
Cushman & Wakefield/NorthMarq’s Tom Sullivan, associate director; Lonnie Provencher, senior director; and Tony DelDotto, senior director, represented Dover Partners, the seller. Purchaser TA Associates Realty was represented by Dave Paradise, director, and Sydney Johnson, senior associate.