Minneapolis-St. Paul Chart of the Week | February 2nd, 2017
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• 2016 industrial sales have kept a close pace with the record five year price levels. Two sales recorded last year were within just $2.5M of a recent record set in 2015 for the BAE Building, after Hyde Development’s recent renovation and re-branding as the Northern Stacks. • Among the top deals, 3 out of 5 were targeted at multi-tenant buildings, and 4 out of 5 were out-of-state buyers. ource: JLL Research, Real Capital Analytics Top 5 2016 industrial sales group towards the West Minneapolis–St. Paul Chart of the week: January 30, 2017 1. Carlson Business Center: $46,200,000 2. FedEx Corp: $44,541,704 3. Minneapolis Mart: $26,000,000 4. Star Exhibits HQ : $20,780,903 5. Northern Stacks I: $17,750,000 * Record: Takeda Pharma: $240,000,000 (2008) 2016 Industrial Sales $0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 $40,000,000 $45,000,000 $50,000,000 $46,200,000M $44,541,705M $26,000,000M $20,780,903M $17,750,000M 2016 Industrial Sales
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Transcript of Minneapolis-St. Paul Chart of the Week | February 2nd, 2017
• 2016 industrial sales have kept a close pace with the record five year price levels. Two sales recorded last year were within just $2.5M of a recent record set in 2015 for the BAE Building, after Hyde Development’s recent renovation and re-branding as the Northern Stacks.
• Among the top deals, 3 out of 5 were targeted at multi-tenant buildings, and 4 out of 5 were out-of-state buyers.
Source: JLL Research, Real Capital Analytics
Top 5 2016 industrial sales group towards the West
Minneapolis–St. PaulChart of the week: January 30, 2017
1. Carlson Business Center: $46,200,0002. FedEx Corp: $44,541,7043. Minneapolis Mart: $26,000,0004. Star Exhibits HQ : $20,780,9035. Northern Stacks I: $17,750,000* Record: Takeda Pharma: $240,000,000 (2008)
2016 Industrial Sales
Carlson Business
Center I-VIII
FedEx Corp Minneapolis Mart
Star Exhibits HQ
Northern Stacks 1 Building
$0
$5,000,000
$10,000,000
$15,000,000
$20,000,000
$25,000,000
$30,000,000
$35,000,000
$40,000,000
$45,000,000
$50,000,000
$46,200,000M$44,541,705M
$26,000,000M
$20,780,903M$17,750,000M
2016 Industrial Sales
