2016 First Quarter Update04/01/2016
It’s been a busy first quarter of 2016 for Arrow Companies. We have been representing buyers, sellers, tenants and landlords across the Twin Cities area. Take a look at our commercial real estate activity from January to March!!!
Arrow Companies sold a total of six properties totaling $2.025 million during the first quarter. Click on the addresses below to view more information about the specific properties.
- 12644 Fremont Ave, Zimmerman (Retail Building)
- 11324 86th Ave N, Maple Grove (Office Condo)
- 12619 Fremont Ave, Zimmerman (Retail Building)
- 6250 Douglas Court, Champlin (Office Building)
- 5555 Boone Ave, New Hope (Industrial Building)
Arrow Companies was extremely active in leasing during the first quarter. We leased Suite 200 at the 21st Century Bank Building in Blaine. We also leased two spaces at the newest building constructed by Arrow Contracting, locate 200-206 Ryan Drive in Little Canada. Arrow also leased office space to McCrossan at Raven Investment’s building in Maple Grove (10900 89th Ave N). Three suites at the Elk River Industrial Development building were lease by Arrow to: The Hotel Legacy Group, Active Sale Associates and Poly-Glass Coatings Limited. Mortgages Unlimited leased 679 SF of office space 9040 Quaday Ave in Otsego and Keller Williams leased 10,590 SF at the Waterfront Commons II Building located at 16201 90th Ave in Otsego. Arrow also leased 1,225 SF of retail space at 9125 Quaday Ave in Otsego to a new tattoo shop. Lastly, Arrow leased 1,413 SF at 3350 Annapolis Lane in Plymouth.
Arrow worked with many companies in the metro area this quarter. We assisted them with leasing or renewing space. Arrow renewed Henningson and Snoxell’s (11,200 SF) lease in Maple Grove and Life Health’s (35,040 SF) lease in Roseville. Arrow also helped Bay Equity lease space in Rogers, All Star Construction Management in Hopkins, Great American Financial in Waconia, Maple Grove Hospital in Maple Grove, and Niemel Construction in Otsego.