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Hempel Real Estate Acquires Industrial Asset From Vascular Solutions Inc In Maple Grove For $7.1M

Property Image
SOLD
$7,100,000

Minnesota

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Industrial79,937 SF
Sold 09/09/2025
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Property Image
SOLD

Hempel Real Estate Acquires Industrial Asset From Vascular Solutions Inc In Maple Grove For $7.1M

6464 Sycamore Court North

See Similar Deals
Industrial79,937 SF
Sold 09/09/2025
the dealdetailscomps

Summary

MINNESOTA
Asset Type:Industrial
Price Per Square Foot:$88
Total Square Footage:79,937 SF
Transaction Type:Sale

The asset involved in the transaction is an industrial property located at 6464 Sycamore Court North, Maple Grove, MN. The sale occurred on September 9, 2025, with a transaction amount of $7,100,000. The property spans approximately 79,937 square feet, with a price per square foot of $89.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $7,100,000
  • Sale Date: 09/09/2025
  • Address: 6464 Sycamore Court North
  • Market: Maple Grove, MN
  • Square Footage: 79,937
  • Price per Square Foot: $89
  • Buyer: Hempel Real Estate
  • Seller: Vascular Solutions Inc

Hempel Real Estate acquired the property from Vascular Solutions Inc, which recently altered its plans following an acquisition by Teleflex Inc. Hempel secured a long-term lease with Laborie Medical Technologies, which is expanding into the Twin Cities market after acquiring Urotronic.

Players

HE
Hempel Real Estate
BUYER

Details

SOLD
IMAGE: 09/09/2025 ADDRESS: 6464 Sycamore Court North MARKET: Maple Grove, MN ASSET TYPE: Industrial BUYER: Hempel Real Estate SELLER: Vascular Solutions Inc SALE PRICE: $7,100,000 SF: 79,937 ~ PPSF: $89 NOTE: Vascular Solutions sold its 79,937-square-foot Maple Grove plant to Hempel Real Estate for $7.1 million, marking a shift from its original plans after being acquired by Teleflex Inc. Hempel has secured a long-term lease with Laborie Medical Technologies, which recently expanded into the Twin Cities market following its acquisition of Urotronic.

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