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MinnesotaOffice

Syndicated Equities acquires fully leased office building in Minneapolis suburb

January 31, 2022
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Syndicated Equities recently completed its acquisition of a single-story office building that is 100 percent net-leased to Winnebago Industries, Inc., as its corporate headquarters.

The property consists of a 63,111-square-foot building on a 10.05-acre parcel at 13200 Pioneer Trail in Eden Prairie, Minnesota.

In 2021, Winnebago made the decision to consolidate its Forest City, Iowa, office with its existing Eden Prairie office, making the property its sole corporate headquarters. The proeprty sits wihin the Interstate-494 submarket, which encompasses a large portion of the west and southwest suburbs.

Syndicated Properties acquired the property outright for $13.98 million.

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