Commercial Real Estate Activity: South Metro, MN

Commercial Real Estate Activity: South Metro, Minnesota – CERRON Commercial Properties

 

commercial real estate activity by CERRON Commercial PropertiesCERRON Commercial Properties summarizes commercial real estate activity in the south metro area. The team at CERRON has been very busy lately with commercial lease and sale activity. Here are just a few of the properties we have recently helped property owners to lease or sell (click on any address or phase to link to more information on that particular property):

  • Industrial Building at 8860-70 Wentworth Avenue, Bloomington with outdoor storage and on rail – CONTRACT PENDING
  • Industrial Building in Farmington located at 22098 Canton Court with outdoor storage – CONTRACT PENDING
  • Clean Industrial Manufacturing Building located at 21860 Hamburg Avenue, Lakeville – on rail with silos, skylights & much more – LEASED
  • Office Warehouse space located at 5708 Upper 147th is FULLY LEASED
  • New Construction Office Warehouse Spaces located at the Apple Valley Business Campus – Phase I and II – FULLY LEASED
  • New Construction Office Warehouse Spaces located at the Apple Valley Business Campus – Phase III – Partially LEASED

We have many new listings coming on to the market each week as well. These can be found on the main page of our website, or by clicking HERE.

 

HAVE A PROPERTY TO SELL OR LEASE?

Are you a property owner and need to lease or sell your property? Contact our expert team, by filling out the form below. Our team will assist you with ALL the necessary steps to get you the results listed above.

Apple Valley Business Campus – Phase III Progress!

Apple Valley Business Campus – Phase III progress

Progress is being made on the office warehouse development & construction of the Apple Valley Business Campus – Phase III with this commercial construction project in the heart of located at 6275 147th Street West, Apple Valley, MN.

Just take a look at these pictures…

Apple Valley Business Campus - Phase II - Marketed by CERRON Moving dirt on the site.

Phase III includes eight (8) new construction office warehouse bays – each approximately 5,000 SF. The newest phase about to start (Phase IV) will include six (6) bays up to 16,000SF each.

Concrete footings being poured at the new construction site - photos by CERRON Commercial Properties Concrete footings being poured.

Concrete tip up panels installed at new office warehouse site in Apple Valley - photos by CERRON Commercial Properties Concrete panels being installed.

For more detatils on this project, which is now leasing (as is Phase IV – September, 2014 completion date), please click on our Listing Page HERE, or feel free to contact Bruce Rydeen in our office at 952-469-9444 for more specific details on this project!

 

MN BACK TO SCHOOL MARKET UPDATE

MN BACK TO SCHOOL MARKET UPDATE

Back to School - RE Market Report 2013The kids are off to school. It’s time to close up the cabin and focus on getting something done before year end. Fall is always a busy time in the Minnesota commercial real estate market, as we are seeing here at CERRON Commercial Properties.

Third quarter we had a noticeable change in office condominium sales. Businesses shifted to longer term leases and larger spaces. We actually had buyer wars—something we haven’t seen much of since 2007. Land sales even saw an uptick. The national retailers are back. Dealmakers were abuzz at the International Council of Shopping Centers (ICSC) convention this spring. This is all good news to a heavily beat up industry over the past six years.

We have been waiting for the inventory of distressed product to be absorbed and while there are a few deals left out there, they are dwindling. The market is heading in the other direction so if you are considering a move, now is the time.

We can help you with a market analysis. An initial one is no charge. In fact we only get paid if we produce a buyer or a tenant. Most owners pay our fee, so many times there is no charge for buyer/tenant representation services.

We now have all commercial properties for sale and lease on our website, and may be searched for free. Check it out at www.cerron.com or call me direct at 612-708-5281 email rozp@cerron.com.