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Syndicated Equities acquires Minnesota innovation center

July 22, 2024
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Photo courtesy of Syndicated Equities.

Syndicated Equities acquired the Winnebago Industries Innovation Center in Savage, Minnesota.

The property consists of a 45,306-square-foot one-story industrial building that is 100% net-leased to Winnebago Industries. Originally built in 2017, the property underwent a renovation to Winnebago’s specifications in 2023 and is now its primary research, development and testing facility.

Winnebago uses the property for the creation of new prototypes, technology enhancements for vehicles, data and connectivity upgrades, advanced materials construction and self-driving autonomy development.

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