Arrow represented 21st Century Bank in selling 8.7 acres located in the Great River Centre. The property was sold April 29, 2020 for $1,102,095 to Rick and Eric Schultz. The new owners plan to develop a 190-unit apartment complex on this site. For more information about the project click here.
This was Arrow’s fourth transaction in the Great River Centre. P&F Machining, Edina Realty and Lil’ Explorers Childcare Center, and now The Village apartments. Arrow still has 17.73 acres listed in this development. For more information visit our website here.
P&F Machining has been in business for nearly three decades. Their primary approach to business is “precision first.” P&F Machining has built a solid reputation for high-quality custom machining for the aerospace, medical, agriculture and heavy equipment and firearms industries. For more information about P&F Machining visit their website at http://pfmachining.com/index.php
Since 2016, Arrow Companies has had the privilege of working with P&F Machining on the sale of their existing building in Dayton, acquisition of a new site and construction of their new building in Otsego.
Arrow Real Estate (Commercial Brokerage & Site Acquisition)
Arrow Real Estate listed P&F Machining’s existing building located at 17171 113th Ave in Dayton in August of 2016. By October the building was under contracting and then closed on January 31, 2017.
Arrow Real Estate also assisted P&F Machining in locating a new site and representing them on purchasing the site. The site is located off Hwy 101 and was owned by the City of Otsego. P&F Machining purchased the property on May 19, 2016 and began construction shortly after.
Arrow Contracting (Construction & Development)
Construction of P&F Machining’s state of the art 54,407 SF machine shop building began in June of 2016 and was completed in December of 2016. The building is composed of 13,280 SF of Office, 40,156 SF of Shop/Warehouse and 3,971 SF of Mezzanine space. The building is equipped with heavy power (3,000 AMP, 480 Volt, 3-Phase). The shop floor has 100’ candles of light throughout. The building also has 10,000 SF covered shipping and receiving area.
Arrow Companies strives to provide the best full spectrum real estate and construction services in the twin cities. Our services include Tenant & Buyer Representation, Landlord & Seller Representation, Property Management, Ground-up Construction, and Tenant Improvements. Contact us today for all your commercial real estate needs at 763.424.6355!
Arrow has been off to a busy start this year, representing buyers, sellers, tenants and landlords across the Twin Cities area. Arrow has also been extremely busy on the contracting side of our business. Take a look at what we have been up to from January through March of 2017!!!
Arrow Companies sold two industrial buildings during the first quarter. Totaling 37,354 SF of space. These properties were located at 1167 Viking Drive in Maplewood and 17171 113th Ave N in Dayton. The following properties are currently pending and are expected to close during the second quarter-
Arrow Contracting finished a state of the art industrial building along Hwy 101 in Otsego. This 55,000 SF machine shop building is the new home to P&F Machining. Construction on the Sycamore Commons office building in Maple Grove is going full speed ahead. This week contractors are continuing to frame the exterior and the roofing and underground plumbing was started. Within the next week or so underground electrical will be started. Arrow is also working on a few tenant improvements/expansions at Waterfront Commons II in Otsego.
