Founders Properties purchases pair of manufacturing facilities in Minnesota

Founders Properties, L.L.C. purchased two industrial manufacturing facilities in Rogers and Brooklyn Park, Minnesota, marking the fourth acquisition in the company’s newly launched Income Fund V, which focuses on stable, core and core+ industrial and office properties throughout the United States.

Totaling 231,771 square feet, the two industrial manufacturing facilities directly mirror Founders’ foundational income fund investment strategy, centered on an overall goal of portfolio diversification, in-depth knowledge of industrial and office assets and markets, and analysis of tenants’ credit and strategic relationships.

During the next three years, Founders’ goal is to purchase between 15 to 20 property assets to complete Fund V, with a focus on investing in growth markets and the right blend in assets that will generate a long-term, stable income stream.