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Kids In Need Foundation Leases 74,364-SF Mixed-Use Building In Little Canada From JHM Owasso Properties

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LEASED

Minnesota

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Mixed-use74,364 SF
Leased 04/15/2025
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Property Image
LEASED

Kids In Need Foundation Leases 74,364-SF Mixed-Use Building In Little Canada From JHM Owasso Properties

200 South Owasso Boulevard East

See Similar Deals
Mixed-use74,364 SF
Leased 04/15/2025
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Summary

MINNESOTA
Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:74,364 SF
Transaction Type:Lease

A long-term lease transaction has taken place involving a mixed-use asset located at 200 South Owasso Boulevard East in Little Canada, MN. The total square footage of the property is 74,364, which includes both office and warehouse space. The building will exclusively house the operations of the Kids in Need Foundation, marking a strategic move from their previous location in St. Paul.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: Not disclosed
  • Address: 200 South Owasso Boulevard East
  • Market: Little Canada, MN
  • Landlord: JHM Owasso Properties
  • Tenant: Kids in Need Foundation
  • Landlord's Representative: Alex Baron & John Thompson - Transwestern
  • Tenant's Representative: Stephen Davidson - Davidson Cos. Inc
  • Office space: 20,000 sf
  • Warehouse space: 55,000 sf

The Kids in Need Foundation's decision to occupy the entire property highlights their commitment to expanding their resources, as the new location will accommodate a teacher resource center alongside extensive office and warehouse facilities. The lease was facilitated by representatives from Transwestern for the landlord and Davidson Cos. Inc for the tenant, ensuring a smooth transaction between both parties.

Players

Alex Baron
4 deals$2.4M volume
BROKER


Details

LEASED
IMAGE: 04/15/2025 ADDRESS: 200 South Owasso Boulevard East MARKET: Little Canada, MN ASSET TYPE: Mixed-use ~ SF: 74,364 LANDLORD: JHM Owasso Properties TENANT: Kids in Need Foundation LANDLORD'S REP: Alex Baron & John Thompson - Transwestern TENANT'S REP: Stephen Davidson - Davidson Cos. Inc NOTE: Kids in Need Foundation signed a long-term lease for a 74,364-sf industrial building at 200 S. Owasso Blvd. in Little Canada, marking an expansion from its former St. Paul location. The nonprofit will occupy the entire property, which includes a teacher resource center, 20,000 sf of office space, and 55,000 sf of warehouse space.

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Deal Type
Effective Rent (Annual)

$4,262,499.61

Total Lease Value

$42,624,996.06

Net Landlord Cash Flow$4,262,499.61