The Advantages of Airlake Industrial Park.

Is your business looking for a home? Airlake Industrial Park may be it. The park is located in Lakeville MN and is home to roughly 1,500 acres, 120 businesses, and 4,200 jobs. This park is conveniently located off of I-35 and County Road 70 giving it a transportation advantage over many other locations. Progressive Rail also operates within the park and offers rail transportation as an option for shipping and receiving goods. The park also has an airport that can accommodate corporate jets and helicopters.

Airlake Industrial Park has options for any size and type of business. There are many shovel ready sites if you need a facility built to your exact specifications. APPRO Development resides in and has been involved with the park for nearly 30 years and is a design-build general contractor that can help you with the design and budget pricing of your new facility. There are also many existing facilities for lease or purchase. Cerron Properties is a sister company to APPRO Development and can help you locate the perfect facility to lease or purchase within the park.

If you would like more information regarding the advantages that the Airlake Industrial Park has to offer please contact APPRO Development or Cerron Properties.

Killebrew Miracle Field to open soon !!

It is with GREAT pleasure – that we announce the opening of the new Miracle Field in Lakeville, and the initial season of play for the Miracle League teams! APPRO Development has been directly involved, and has donated the time and effort to design and coordinate the construction of the field. Nate Denny, project manager for APPRO- has facilitated the process to get the field built. Heidi Winsor – was architect / designer for the project. Grand Opening events will be June 26th. www.miraclefieldmn.comlakevillefield.html

Grant Jacobson with Jacobson Engineers and Surveying provided the Civil Engineering ad Surveying for the project.

The City of Lakeville donated the great site for the field. www.ci.lakeville.mn.us/parks

Subcontractors from Lakeville and the entire Metro Area donated time and products to get this project done.

Kudos to Brian Roseen, and the entire Miracle League Organization for getting this project done ! Thank you for allowing APPRO Development, Inc to be involved ! www.startribune.com/local/south/122399479.html

Please consider allowing APPRO and CERRON to “hit a home run” with your firm, by providing Design / Build and Real Estate services the next time you consider expansion or relocation !

Farmers’ Market in Downtown Lakeville

The popular Farmers’ Market in Downtown Lakeville will be returning this summer, offering weekly Saturday morning hours at the Lakeville Arts Center and Wednesday afternoon hours at the Lakeville Market Plaza, 208th and Holyoke.

Operated by the St. Paul Farmers’ Market, the event will continue to offer fresh produce and other items weekly, beginning in June.

Wednesdays at Market Plaza, 208th Street and Holyoke Avenue, Lakeville, Minnesota. Noon to 5 p.m. – beginning June 15th.

Saturdays at the Arts Center, 20965 Holyoke Avenue, Lakeville, Minnesota. 8:00 a.m. to 1:00 p.m. – beginning June 25th.

We have found over the years that Lakeville is a great place to live and to own a business, build a building or lease or buy a great new space – which, by the way, is exactly what we have been doing and helping others to do for more that 24 years! At APPRO Development and CERRON Commercial Properties, we love where we work and what we do! Give us a call – we would love to share more about what makes the Southern Twin Cities, Minnesota a great place to work and play!

Cost Segregation—a tax saving strategy

Sample Cost Segregation Analysis

Cost segregation is basically accelerated depreciation of commercial real estate properties. You can write off more depreciation today, pay less in taxes and leave more money in your pocket. Accountants look at each improvement that is made individually versus the traditional straight line method of depreciation of improvements as a whole. Personal property depreciates faster than real property and when itemized allows the true depreciation to be written off.

Cost segregation is a great way to increase your cash flow and save money in the future. It can reduce real property taxes by reclassifying assets as personal property. The key is to use a qualified accountant. Contact us for referrals.

The Time to Buy or Lease Commercial Real Estate in Minnesota is Now…

For anyone in the market to lease or buy commercial real estate – This is a good time to make a move.

Lease rates have softened 15-25% from the peak with most Landlords anxious to do a deal and offer concessions to satisfy the tenant’s needs. So…a good time to take advantage of these market conditions and lock in some good lease rates for your business. Mike Salmen of Transwestern referenced this opportunity in a recent article in the Real Estate Journal (www.rejournals.com, 7/12/2010) where he said – “companies are deciding to relocate or take advantage of the tenant’s market that exists.”

Likewise – sale prices for commercial buildings have also fallen in the market. So if purchasing is an option for your business…again the time is now. Many Sellers are quite motivated to make a deal by reducing their price.

The other reason that the time is now…is that interest rates for financing are at recent historical lows making payments quite affordable. SBA rates for 504 loans are in the 5’s depending on the program.

So, whether you are a tenant or a buyer – now could be a good time for you to relocate your business. Contact our team of leasing professionals to view some of the best deals in commercial real estate for sale or lease in Minnesota.

Cool Places to Visit in Minnesota!

Minnesota – Cool Places to Visit!

As the Minnesota State Fair opens their doors this week, we are reminded that the summer season is quickly coming to an end. Many folks are squeezing in one more trip, or having some fun before the brisk winds of fall start to blow – ushering in the cooler season.

If you are new to Minnesota or are a long time resident looking for something new to do around town, here is a list of our Top Ten Cool Places to Visit in Minnesota:

1. Take a trip to Duluth, MN – On your way up, be sure to stop at Tobies in Hinckley which is about half way between the Twin Cities and Duluth, for a famous Caramel Roll and a cup of Joe. Once in Duluth, be sure to try skipping some rocks along the shores of Lake Superior. Stop by the Glensheen Mansion, take a trolley ride to the shops around town or rent a 2-4 person bicycle to tour around Canal Park. Grab an ice-cream cone from Bridgeman’s on the Lakewalk located next to the Fitger’s Courtyard, overlooking Lake Superior.

2. You could head further north and explore the North Shore – Head north along Hwy 61. Stop at Gooseberry Falls to go hiking or visit Split Rock Lighthouse (which just celebrated its 100th year anniversary). Stop in Tofte and spend a night at the Bluefin Bay. Then, head on up to Lutsen and take a ride on the Alpine Slide.

3. Visit Lanesboro, MN – rent a bike, stay at one of the many B&B’s around town, and maybe even plant a smooch on your honey (it is said to be one of the most romantic towns in the our great state!)

4. Get back to nature at its best by camping in the Boundary Waters – Start at Ely, MN and be sure to visit the International Wolf Center and then grab a camping pack, a large bag of yummy GORP (a high energy mix of granola, raisins, peanuts – & M&M’s) and grab a canoe – then, get hiking, get portaging, hug a tree, hug a bear, but for heaven’s sake, leave the iPods and Blackberrys at home!

5. Pack your bags and head to the Brainerd Nisswa Lakes Area. Go fishing or if you prefer, maybe just tell a fish story. When in Nisswa, you can partake in some good old fashioned turtle racing or try for that hole in one on any one of the abundant area golf courses.

6. Visit the Iron Range, MN – Climb aboard a mining truck, trace your roots at the Genealogy Center, tour an underground mine at the incredible Soudan Mine, or try an exciting ATV adventure and view the northern landscape in a whole new way!

7. Calling all Shop-a-holics – We really should be called the Land of 10,000 Shops!! Visit the Mall of America, Grand Avenue Shops in St. Paul, MN, check out 50th and France, find bargains at the Outlet Shops at Albertville or Medford, or stop to check out the shops in our own backyard by visiting the Pink Door Boutique, or check out Turnstyle Consignment store for something a little different.

8. Stick around the Twin Cities, MN, and be a tourist – visit Museums, history center, restaurants, lakes, Renaissance Festival, golf, Minnesota Zoo, Valley Fair, water park, and many, many more places to have some summer fun!

9. And, speaking of “sticking” around – see how many things you can find “on a stick” at the great Minnesota get-together…the Minnesota State Fair which is running from Thursday, August 26 – Monday, September 3, 2010.

10. And, last but certainly not least, our all time favorite place – is our home – Lakeville, Minnesota. Enjoy picking up some flowers and veggies at our local Farmer’s Market, play some Frisbee in one of our many parks, take a cruise on one of our lakes. You could explore a night on the town by taking in a show at the Lakeville Arts Center or visit the upcoming Lakeville Arts Festival. If you want to learn more about the history of our town, you could visit the Visit Lakeville Website for lots of interesting information.

There you have it – our suggestions for fun places to visit around the Land of 10,000 Lakes! We are certain there are many, many more exciting and fascinating locations – but, really – home is always the best place to come back to and for us that is Lakeville, Minnesota!

We have found over the years that Lakeville is a great place to own a business, build a building or lease or buy a great new space – which, by the way, is exactly what we have been doing and helping others to do for more than 23 years! At APPRO Development and CERRON Commercial Properties, we love where we work and what we do! Give us a call – we would love to share more about what makes the Southern Twin Cities, Minnesota a great place to work and play!