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Hawaiian Real Estate Dynasty Snaps Up Two Industrial Developments

Company Paid $37 Million For Twin Cities Warehouses
Lum Yip Kee Ltd. of Honolulu has purchased 10301 Xylon Ave. N. in Brooklyn Park, which is partially occupied by Rust-Oleum Corp. and Pride Engineering Inc. (CoStar)
Lum Yip Kee Ltd. of Honolulu has purchased 10301 Xylon Ave. N. in Brooklyn Park, which is partially occupied by Rust-Oleum Corp. and Pride Engineering Inc. (CoStar)
By Clare Kennedy
CoStar News
August 20, 2019 | 10:13 P.M.

A company tied to a Honolulu family with roots in real estate that go back more than 100 years has picked up two large industrial buildings in Minnesota's Twin Cities, where demand for warehouse and logistics properties is growing as online shopping increases in popularity among residents.

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