Box Equities Acquires Industrial Property In Plymouth From Eagle Ridge Real Estate For $15.9M

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.

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.