First Industrial Realty Trust, Inc. recently leased 289,130 square feet in Minneapolis to ShopJimmy.com on a long-term basis.
ShopJimmy.com, one of Minneapolis’ fastest-growing companies, is an online retailer that supplies TV parts and lamps, TV stands, refurbished TVs and electronics accessories to thousands of customers across the globe.
The warehouse facility, located in Burnsville, Minn., in the South Central submarket of Minneapolis, will expand ShopJimmy.com’s capacity and help the company serve its growing customer base. This agreement, which commenced in the third quarter and was expanded by more than 50,000 square feet in the fourth quarter, is one of the largest industrial leases year-to-date in the Twin Cities market.
Chris Willson, senior regional director, led First Industrial’s team on this transaction.
