Water Street Partners Acquires Shakopee Distribution Center From Lincoln Properties For $9.5M

804 Valley Park Drive South

$9,500,000

$89/SF

Building Size

105,713 SF

Asset Type

Industrial

Closing

Aug 5, 2026

AI

The industrial asset involved in the transaction is located at 804 Valley Park Drive South in Shakopee, Minnesota. The property spans 105,713 square feet and was acquired for $9.5 million, resulting in a price per square foot of $90.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $9,500,000
Address: 804 Valley Park Drive South
Market: Shakopee, MN
Square Footage: 105,713
Price Per Square Foot: $90
Buyer: Water Street Partners
Seller: Lincoln Properties
Broker Representatives: Judd Welliver & Bentley Smith - CBRE

Water Street Partners is adding the Shakopee Distribution Center to Water Street Fund III as part of this acquisition, completing the deal successfully with Lincoln Properties through representation by brokers Judd Welliver and Bentley Smith from CBRE.

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