Industrial W Minnesota

CBRE sells two-property industrial portfolio in Minnesota

CBRE sells two-property industrial portfolio in Minnesota,ph01

CBRE Capital Markets has arranged the sale of the two-property Minneapolis Care-Plus Logistics portfolio.

Judd Welliver, Ryan Watts, Sonja Dusil and Tom Holtz in CBRE’s Minneapolis office represented the seller, the Meritex Company.

Cabot Properties, Inc. purchased the portfolio, which features two logistics buildings located in Rogers, Minnesota. The two-building portfolio totals 386,295 square feet. The buildings are 88-percent leased.