Daedex Leases 503440 SF Industrial Space From CRG At The Cubes In Dayton MN

The property involved in this transaction is an industrial asset located at 11500 Lawndale Lane in Dayton, MN. The total square footage of the leased space is 503,440 square feet, contributing to fully occupying the 1 million square foot industrial project owned by CRG.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Lease Term: long-term
• Landlord: CRG
• Tenant: Daedex
• Landlord's Representative: Daniel (Dan) Swartz, James DePietro & Austin Lovin - CBRE
• Tenant's Representative: Brent Masica & Danny McNamara - Cushman & Wakefield

This lease is noted as one of the largest industrial leases in the Twin Cities in the past three years, showcasing the significance of the transaction. CBRE represented CRG, while Cushman & Wakefield represented Daedex in this deal.