Davey Tree Expert Company Acquires Industrial Facility In Eagan For $7.5M With Broker Joe Jetland

The property asset involved in this transaction is a 7.27-acre industrial facility located at 3300 Terminal Drive, Eagan, MN. The property was sold for $7,500,000, encompassing a total square footage of 13,800, which translates to a price per square foot of $543.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7,500,000
• Buyer: Davey Tree Expert Company
• Broker: Joe Jetland - Forte Real Estate Partners
• Acres: 7.27
• Square Footage: 13,800
• Price Per Square Foot: $543

Joe Jetland of Forte Real Estate Partners represented the Davey Tree Expert Company in this transaction. The acquisition is intended to function as a central hub for the company’s landscape and mulch divisions, with the addition of over 80 jobs, thereby supporting local employment and wood recycling efforts in the Twin Cities.