NorthMarq Announces Two Industrial Leasing Transactions
MINNEAPOLIS (July 7, 2010) — NorthMarq announces the following
industrial real estate leasing transactions completed in June.
Verizon Wireless signs lease at Bloomington distribution center
The NorthMarq team of Senior Associate
Kris Smeltzer and Senior Vice President
Jason Meyer has secured a five-year lease with Verizon Wireless for
space at Hampshire Distribution Center in Bloomington, Minn. Verizon
Wireless, represented by Ted Carlson and Paul Bickford of Welsh
Companies, will occupy 44,700 sq. ft. NorthMarq represented Duke Realty,
owner of the distribution center, in the transaction.
NorthMarq represents seller of Bloomington industrial building
Kris Smeltzer and Senior Vice President
John McCarthy represented Old Forrester LLC in the sale of a
45,000-sq.-ft. industrial building in Bloomington, Minn. The building,
located at 220 81st. St. W., was purchased by Yale Mechanical, a company
providing HVAC, piping, sheet metal, millwright and plumbing services.
Yale Mechanical was represented by Jack Tornquist and John Ryden of CB
Richard Ellis.
About NorthMarq
NorthMarq offers commercial real estate
services, including transaction and advisory
services, real estate management, and debt and
equity placements, to investors and occupiers of
commercial real estate from its headquarters in
Minneapolis. The company manages more than 60
million sq. ft. of retail, industrial and office
assets in 22 markets around the country, handles
more than 7,500 transactions annually and provides
real estate debt and equity financing, and
commercial loan servicing in 32 offices
coast-to-coast, with an average of $7 billion in
annual production volume and services a loan
portfolio of more than $40 billion. For more
information, visit www.northmarq.com.
Contact:
Martha Nevanen
952.893.7539
martha.nevanen@marquettere.com
Gwen Chynoweth
Maccabee Group
612.337.0087