Room & Board Preleases 485,800 SF in Minneapolis
Retailer Inks Industrial Deal at Gateway North Bus Ctr
July 15, 2014
Room & Board, a Minneapolis-based furniture retailer, has pre-leased 485,000 square feet in the Gateway North Business Center.
Located at 6601 NE Queens Ave. in Otsego, MN, the proposed 485,804-square-foot industrial building is expected to break ground in August, with an anticipated delivery date in early 2015. When completed, it will feature 50 loading docks and five drive-ins, 32-foot clear heights, and 50-foot column spacing on 21.5 acres in the Wright County Industrial submarket.
Dan Swartz of CBRE represented the landlord. Tom Hauschild and Dan Johnson of Tegra Group represented the tenant.