9075 Quaday Ave NE, Otsego

Arrow Companies started managing 9075 Quaday Ave NE in Otsego in March. We are very excited to announce that this property will now be fully occupied for the first time in 8 years! Arrow Companies represented the landlord, Sheils Holdings, LLC on leasing the remaining 1,575 SF to Active Sales Associates. The newest tenant will be moving in June.

Posted in: commercial real estate, Landlord Representation, property management,
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9000 Quantrelle Ave NE, Otsego

Arrow Companies has been busy leasing space at Waterfront Commons III in Otsego! We want to extend a warm welcome to our newest 2019 tenants occupying space on the first floor!

There is an additional 1,110 SF space available. Click HERE to view the brochure for more information.

Posted in: commercial real estate, general contractor, Landlord Representation, Office,
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9380 Central Ave NE, Blaine

Congratulations to Harmon, Inc. on moving into their new 3,994 SF space located at 9380 Central Avenue NE in Blaine, Minnesota. Arrow Companies represented the owners in leasing space and completing the tenant improvement work involved. The are officially all moved into their new space. Check out their company web page at https://harmoninc.com/

Posted in: commercial real estate, construction, general contractor, Landlord Representation,
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Crane lifting the sign up!

Congratulations to Blue 42 as their sign is going up on the building today! They are the newest tenant at Bell Tower West (9325 Upland Lane N, Maple Grove). They will be occupying 2,695 SF on the 3rd floor beginning April 1st. Arrow Real Estate represented the landlord on this lease deal, and Arrow Contracting is completing the tenant improvements. The improvements included modern finishes throughout with LED lighting, reception desk, waiting area, private offices, kitchenette, private restroom, conference room and work stations.

Sign in progress at Scenic Sign!

Posted in: Blue42, commercial real estate, general contractor,
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9633 85th Ave N, Maple Grove

In 2006, Arrow Contracting built Royal Vending an industrial building in Maple Grove. This building is 23,162 SF made up of 2,684 SF Office, 2,744 SF Mezzanine and 17,734 SF Warehouse, and has 2 dock doors and 8 drive in doors.

Now 13 years later, Arrow Real Estate had the pleasure of selling the property for the owner, SBM Venture Properties, LLC. It closed on March 5th for $1.853 million to Conquest Ventures, LLC

Posted in: commercial real estate, general contractor,
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Arrow Real Estates takes on 2019 full steam ahead! Check out what we have been up!



Landlord Representation – LEASED

1,143 SF space leased located at 7584 80th Street South in Cottage Grove to All State Insurance Agency.

Title Boxing Inc. leased 2,066 SF at located at 21897 South Diamond Lake Road, Rogers.

Tonkawood Office Park will have a new tenant in March. The Okonite Company will be leasing 1,444 SF at 16200 State Hwy. 7 in Minnetonka. 

1,250 SF was leased at 3185 Fernbrook Lane in Plymouth to Sivo Insights (Marketing Company).

Radux Devices, Inc. leased 1,728 SF Office Condo at 11292 86th Ave. N. in Maple Grove. 

Jayco Plumbing leased 2,598 sf and Corporate Connection, Inc. leased 4,200 sf at 22027 Industrial Blvd, Rogers. This building is now FULLY LEASED!

Lensworks Optical Labs, LLC leased 16,800 sf at 22501 John Deere Lane, Rogers.


Seller Representation

9668 Fallon Avenue NE, Monticello closed on January 16th for $1.3 Million. Congrats to DSG Plumbing on your new property!

8455 Xerxes Ave. in Brooklyn Park sold in January. The 3,970 SF Industrial Condo sold for $401,000 to Edgar Soriano.  This buyer also purchased investment condo within the same complex at 8451 Xerxes Ave. for $375,000. The current tenant will continue to occupy this 4,066 SF condo.

7,500 SF Office Condo located at 20980 Rogers Drive, Rogers was sold $850,000. It closed on February 13th. Arrow represented the Seller Benzinger Investments, LLC

On February 13th, 7610 University Ave NE in Fridley, MN sold for $1.195 million to University 3, LLC.

1.41 acres of industrial land located at 21840 Industrial Court, Rogers closed on February 25th!


Tenant Representation

Insightformation, Inc. on leased 891 SF of space at 10700 West Hwy 55 in Plymouth. They will be moved into their new space on February 1st.

On February 1st Lions Fitness, LLC signed a lease for 3,448 SF at 1265 Kuhn Drive, Suite #200 in St. Cloud. Their lease will commence on April 1st!

Arrow represented Shred N Go on the lease of a 14,500 sf property with over an acre of fenced in outside storage located at 22851 Industrial Blvd in Rogers.


Property Management

Arrow’s Property Management portfolio has grown again! In January Arrow started managing an industrial building in Brooklyn Park and in February we started managing a retail property in Fridley.

Posted in: commercial real estate, Landlord Representation, Seller Representation, Tenant Representation,
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Arrow Contracting wrapped up a tenant improvement at Bell Tower West for Minnesota Neonatal Physicians in January. The space consisted of three offices, storage room and reception area!

Arrow Contracting also started two new tenant improvements in February to be completed in April!


Bell Tower West (9325 Upland Lane N, Maple Grove) – Blue42, LLC
  • Suite 310 – 2,695 SF
  • Modern high end finished throughout
  • New LED light fixtures
  • Tenant improvement includes:
    • Large demo of existing suite
    • Reception, kitchenette, work stations, conference room & offices

Blaine 21 (9380 Central Ave NE, Blaine) – Harmon, Inc.
  • Suite 200 – 3,994 SF
  • Modern high end finished throughout
  • Tenant improvement includes:
    • Adding additional office, conference and work

Posted in: construction, Tenant Improvements,
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Good Ending to 2018

01/28/2019

Arrow had a handful notable transactions to end the 2018 year strong-

  1. Arrow Real Estate represented the seller on a 15,000 square foot industrial building located at 10883 89th Avenue North, Maple Grove. The building was sold to Transit Team Inc. and closed on 11/30/2018 for $2.8 Million.
  2. Also, on 11/30/2018 Arrow represented the seller and closed on 8878 Zealand Avenue North, Brooklyn Park MN for $542,000. The buyer being Feist Automotive.
  3. Arrow represented Buyer (My Grace Properties, LLC) for the purchase of 4300 Baker Road in Minnetonka, MN.  The 8,104 SF building was recently remodeled and occupied by Prosperwell Financial in January 2019.  The property closed in November of 2018 for the price of  $1,300,000.
  4. A three unit office condo at 15600 35th Ave.  in Plymouth sold for $715,000 in October 2018 (4,680 SF @ $153 /psf).  The Seller was represented by Arrow Companies in this transaction. 
  5. Arrow represented the Seller in a quick transaction in Chaska at 1472 White Oak drive in October 2018.  This property was listed and under contract in two weeks!!  The Purchase Price was $270,000 for the 1,536 SF office condo ($175.78 / psf).  
  6. A retail condo at 13783 Ibis Street was sold in October of 2018 in Andover, MN.  This 1,875 SF suite was purchased for $346,875 by Milk Mom’s who will be using the space as an office / sales retail sales office.  Arrow represented the Seller in this transaction – Boulder Point Properties.
  7. The last transaction of the year was located at 14490 Northdale Boulevard, Rogers MN. It closed on 12/31/2018 for $795,000. Arrow represented the buyers, Top Notch Equipment, Inc. This was especially a notable transaction because Arrow worked with the city of Rogers to get a conditional use permit. This allows Top Notch to run their Landscape and Equipment company at the building with outside storage.

Posted in: commercial real estate,
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