Updated Jul 9, 2026
SOLDIndustrial
Box Equities Acquires Industrial Property In Plymouth From Eagle Ridge Real Estate For $15.9M
5905 Trenton Lane North
$15,900,000
$158/SF
Building Size
100,348 SF
Asset Type
Industrial
Closing
Jul 1, 2026
About this deal
AI
Box Equities acquired an industrial property located at 5905 Trenton Lane North in Plymouth, Minnesota. The asset, which spans 100,348 square feet, was sold for $15.9 million, translating to a price per square foot of $158. The property is fully leased to TE Connectivity following a recent lease renewal.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $15,900,000
- Address: 5905 Trenton Lane North
- Market: Plymouth, MN
- Square Footage: 100,348
- Price Per Square Foot: $158
- Buyer: Box Equities
- Seller: Eagle Ridge Real Estate
- Broker Representatives: Judd Welliver & Bentley Smith - CBRE
The transaction was facilitated by Judd Welliver and Bentley Smith of CBRE, who represented the seller in the deal. The well-structured lease agreement with TE Connectivity adds value to the investment made by Box Equities in this notable property.
On the Map
$15,900,000
$158/SF
Industrial
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Players
Minneapolis Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.00%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93