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MinnesotaIndustrial

Upland Real Estate Group closes sale of Fastenal properties in Minnesota and Wisconsin

January 8, 2021
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Upland Real Estate Group’s net lease team of Keith Sturm, Deborah Vannelli and Amanda Leathers recently facilitated the sale of three Fastenal properties in Morris, Minnesota; Wilmar, Minnesota; and Phillips, Wisconsin, for a combined price of $1.35 million.

All three of these properties were built for Fastenal in 2005 and have recently extended corporate leases.

Fastenal has a net worth of $2.6 billion and operates more than 3,200 branches and onsite locations in all 50 U.S. States and in Canada, Mexico, Asia, Africa and Europe.

Fastenal is headquartered in Winona, Minnesota. The industrial and fastener distributor sells products in more than nine major product lines.

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