Noble Office Park community welcomes two new tenants! Cardinal Financial moved into office space 4650 – 4660 Oak Grove Parkway in Brooklyn Park, MN. They will occupy 2,940 SF!
New Creations Child Care and Learning Center will occupy the building between condo complex & CVS. They expect to move into their new space in the Spring (2020). Arrow Real Estate Corp. sold the 1.0 acres piece of land in late 2019.
SOLD! 18205 45th Ave. N., Suite C (Investment) – Dec. 2019 (Shell Unit)
SOLD! 18205 45th Ave. N., Suite B (Owner User) – Jan. 2020 (Shell Unit)
SOLD! 18215 45th Ave. N., Suite C (Investment) – Feb. 2020
SOLD! 18215 45th Ave. N., Suite B (Owner User) – Pending
Upon taking over the listing agreement in Spring of 2019, there were 2 ‘shell’ units For Sale along with 1 ‘Built out’ unit For Sale. Arrow will have sold all three units along with an investment condo within the Office Condo complex.
The Arrow Real Estate team continues to be active in the office condo market. In the 2019/2020 calendar year, Arrow was involved in 16 transactions (9 leased / 7 sold).
Currently, the office condo market in the NW Metro area is very active with sales prices reaching the highest levels seen since the late-2000’s.
If you are interested in getting a comparative market analysis (CMA) or Broker Opinion of Value (BOV), feel free to contact Jeff Penfield at jpenfield@arrowcos.com Cell 612-325-2067.
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