Karl Hohensteins - Kraft Mechanical LLC Buys Industrial Asset In Woodbury For $17M

The industrial asset located at 2330 Ventura Drive & 2415 Ventura Drive in Woodbury, MN, was sold in a transaction on 02/29/2024. The property was purchased by Karl Hohensteins of Kraft Mechanical LLC from the seller, Hohenstein’s Inc, for a total of $17,000,000. The property spans 160,785 square feet, resulting in a price per square foot of $106.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $17,000,000
• Buyer: Karl Hohensteins - Kraft Mechanical LLC
• Seller: Hohenstein’s Inc
• Address: 2330 Ventura Drive & 2415 Ventura Drive, Woodbury, MN
• Market: Woodbury, MN

Hohenstein’s Inc is set to relocate to its new $17 million, 160,785-square-foot beer distribution center in Cottage Grove while maintaining its current Woodbury location.