5/22/2008

Minneapolis industrial property offered for $1.4M

by

1801 Radisson Rd. NE

CB Richard Ellis is offering for sale a single-story industrial building in the Minneapolis suburb of Blaine, Minn., for $1.4 million.

Brian Pankratz, Matthew Oelschlager and John Ryden of CBRE's Bloomington office are representing the seller in the offering.

The building contains 5,600 square feet on a 202,554 square foot lot. Built in 1980, the property is located at 1801 Radisson Rd. NE and is being offered for $250 per square foot.

Pankratz is an associate with CBRE and specializes in land sales, site selection, redevelopment and large acreage assemblage. He is a former employee of Colliers International's Las Vegas office.

Oelschlager is a vice president that specializes in industrial sales and leasing in the Minneapolis/St. Paul metropolitan area. He is a former member of the information management team with CBRE's Minneapolis office.

Ryden, a senior vice president with CBRE, has been with the firm for 22 years. He specializes in the sale and leasing of industrial properties in the Twin Cities area.

Address: 1801 Radisson Rd. NE, Blaine, Minn.

Size: 5,600 square feet

Built: 1980

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Filed Under: Industrial

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