The truth about interest rates and financing. The headlines surrounding interest rates and financing can be scary…but, thankfully, the truth is much less so. Yes, interest rates are higher than they have been over the past few years. But, historically speaking, they’re still relatively low. And, the reality is, if you’re looking for a commercial or industrial property for …
Pahl’s Market: Apple Valley, MN Pahl’s Market is located in Apple Valley, Minnesota, and over the winter (2022-23), they are constructing some exciting new changes to their retail site, located off of 160th Street West, between Galaxie Avenue and Foliage Avenue. This commercial construction project includes a new building and parking lot to be located at this existing site. A …
Quality Contour: Lakeville, MN Quality Contour is an addition project located in Lakeville, MN . The project consists of a new 4,508-square-foot warehouse addition to an existing office and manufacturing facility. Concrete block exterior walls are designed to closely match the existing building, with a poured concrete slab on grade, structural steel roof framing with steel bar joists and a …
GCC of America – OTSEGO, MN GCC of America is constructing a new facility in Otsego / St. Michael, Minnesota. This is a large scale industrial construction project in which multiple stakeholders are involved. The project includes: a new material handling facility for the storage and distribution of dry cement products along with providing a building to house an office …
Aerospace Fabrication: Farmington, MN Aerospace Fabrication is located in Farmington, Minnesota, and is currently under construction as they are adding a significant addition to their existing facility. This 13,333 SF (approx.) addition is constructed of precast concrete tip-up panels to match the existing building facade. The build-out in this project will include a new shop, stockroom, restrooms, and breakroom, as …
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SBA 504 Rates Remain Low Word on the street is that the SBA 504 lending rates continue to remain low. As of this week of December 13, 2021, the published SBA 504 rates for loans funding in December are: 25-year term – 3.026% 20-year term – 2.880% And, for 504 SBA refinance projects funding in December: 25-year term – 3.040% …
North 20 Brewing Company: Rosemount, MN North 20 Brewing Company is a brewery and tap room (taphouse) located at 12266 Bacardi Avenue in Rosemount, Minnesota. This is an exciting project which has been in the works for some time and the owners were excited to celebrate a groundbreaking event on Sunday, October 3, 2021. The design of the building makes …
Image Trend Entry Remodel: Lakeville, MN This commercial remodel project for our client – ImageTrend, and located at 20855 Kensington Boulevard, Lakeville, MN 55044 is a design build project by Appro Development to help this owner with a new look for their entrance and adjacent open area. A portion of the open office area was turned into private offices. The …
Manufacturing & Office Build-out: HHT Stellar Hearth Products, Lakeville, MN The team at Appro is excited to assist HHT Stellar Hearth Products with a new construction manufacturing & office build-out project located in Lakeville, MN. This design build project will include: construction of offices, R&D and production areas for a custom fireplace production company. This 50,400 SF project will be …
