[New post] W.P. Carey Pays $26.5Mln for 116,963-SF Industrial Property Near Minneapolis

Dan Moynihan posted: "Minneapolis/St. Paul Business Journal W.P. Carey Inc. has paid $26.5 million, or $226.57/sf, for the 116,963-square-foot industrial property at 20240 South Diamond Lake Road in Rogers, Minn. The New York REIT purchased the property from Capital Bevera" New post on Commercial Real Estate Direct W.P. Carey Pays $26.5Mln for 116,963-SF Industrial Property Near Minneapolis by Dan Moynihan Minneapolis/St. Paul Business Journal W.P. Carey Inc. has paid $26.5 million, or $226.57/sf, for the 116,963-square-foot industrial property at 20240 South Diamond Lake Road in Rogers, Minn. The New York REIT purchased the property from Capital Beverage Sales, a distributor of Anheuser-Bush products that will lease it back for 15 years. The property was built […] Read more of this post Dan Moynihan | September 30, 2021 at 11:25 am | Categories: Midwest | URL: https://wp.me/pcdE10-2iTZ Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/09/30/w-p-carey-pays-26-5mln-for-116963-sf-industrial-property-near-minneapolis/