Founders Properties Sells Two Industrial Properties In Brooklyn Park And Rogers For $27.1M

Two industrial properties were sold, totaling 231,771 square feet. The properties are located at 6835 Winnetka Circle and 20600 County Road 81 in the markets of Brooklyn Park and Rogers, MN. The sale price amounted to $27,100,000, with a price per square foot of $117. One property, covering 99,921 square feet and leased to Velosity, was sold for $12.4 million. The other property, measuring 131,850 square feet and leased to Solidify Manufacturing, was sold for $14.7 million.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $27,100,000
• Seller: Kimberly Hofstede - Founders Properties
• Buyer: Undisclosed
• Location: Brooklyn Park & Rogers, MN

Kimberly Hofstede represented Founders Properties in the transaction, responsible for the sale of the properties. The transaction reflects the interest and investment in the industrial sector within the specified markets, with the two properties leased to distinct tenants contributing to the overall value.