Realterm acquired 2340 Rose Place W in Roseville, Minnesota, an industrial outdoor storage fleet maintenance and intermodal facility on 6.3 acres.
This marks the firm’s third acquisition in the region.
Developed in 2021, the Class-A property includes five oversized drive-in doors, four dock-high loading positions and a two-story 7,300-square-foot office component.
The facility showcases high flow through capabilities with extensive container/trailer parking capacity, a fully paved, fenced, and secured lot, and industrial-grade floor drains and waste traps. The site is fully leased to a leading asset-light freight and logistics company that provides services across the United States and Canada.
The site benefits from proximity to major highways (I-35W, I-694), the UP and BNSF intermodals, and its central location in the broader metro area.
Chris Weirens of Transwestern facilitated the transaction and represented the seller.
