Suite 14170 (6,025 SF) LEASED Telamon

Suite 14140 (3,447 SF) LEASED  Arimation / Simplex

Suite 14196 (1,944 SF) LEASED   Lucid Consulting

Suite 14144 (5,332 SF) LEASED Twin Cities Railing

Suite 14146 (4,591 SF) LEASED C & K Lawn Service

Suite 14198 (1,944 SF) LEASED Metro Building Systems, Inc.

ONLY REMAINING SUITE – 14164 (5,000 SF) Includes 1 Dock & 1 Drive in. Click Here for More Info

Posted in: commercial real estate, Landlord Representation,
Read More


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.

Posted in: commercial real estate,
Read More
Marketplace West II
9125 Quaday Ave NE, Otsego

Arrow Companies is very excited for one of the tenants at Marketplace West II in Otsego. Ink Kings Tattoo has been leasing 1,225 SF since 2016. Over the years they have grown exponentially and now they need more space!!! This fall they will be doubling their space by expanding into the suite next door.

Make sure you follow them on Facebook and check out their website!!!

Posted in: Community Update,
Read More
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,
Read More

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,
Read More

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,
Read More

 

It’s hard to believe we are already halfway through 2017! Check out Arrow Companies second quarter blog below to see what buyers, sellers, tenants, and landlords across the Twin Cities area we have been representing and what has been going on with our contracting projects.


Seller Representation 

Arrow Companies sold a turn-key day care building during the second quarter. This building is located at 9475 Revere Lane in Maple Grove. Arrow currently has four properties under contract that are expected to close during the second quarter (3380 Annapolis Lane in Plymouth, 14310 Northdale Blvd in Rogers, 17201 113th Ave N in Dayton & 14360 James Road in Rogers)


Landlord Representation

Arrow represented landlords in Osseo, Maple Grove, Elk River and Otsego during the Second Quarter leasing office, retail, and industrial spaces. Learning RX leased space at the Bell Tower office building in Osseo. In Maple Grove, Zemble Enterprises leased 15,000 SF of industrial space at 10883 89th Ave N. Also on 89th Ave N, Factory Motor Sports leased a 4,800 SF warehouse bay at 10900 89th Ave N. In Elk River at 11044 Industrial Circle, Premier Sheet Metal expanded into Suite Q. Arrow leased two spaces in Otsego during the Second Quarter. The first space was at 16201 90th Ave NE to Business Cents, and the second was at 9040 Quaday Ave NE to Danmare Group Inc.


Tenant Representation

Arrow worked with the following companies in leasing space in the Twin Cities area.

  • Axia Home Loans
    • 1,875 SF
    • 6500 City West Pkwy, Minnetonka
    • Commencing August 1st
  • Avar Tec
    • 5,625 SF
    • 9249 East River Road, Coon Rapids
    • Commencing August 1st
  • 18/8 Fine Men’s Salon
    • 1,490 SF
    • Wayzata East Promenade Block
    • Construction to begin September 1st
  • Infinity 8
    • 3,300 SF
    • 12510 Fletcher Lane, Suite I Rogers
  • Land Home Financial
    • 1,407 SF
    • Wayzata

General Contracting

Construction on the Sycamore Commons office building in Maple Grove is making great progress. Tenants are tentatively scheduled for move in October and November of this year. All utilities were completed during the Second quarter. Final details are being completed on the exterior glass and EFIS. Wondering what is next? Curbing and parking surface are scheduled to begin in July along with the retaining wall and landscaping.

Posted in: commercial real estate, construction, Quarterly Update,
Read More

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!!!

 

 

 


Seller Representation 

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-


Landlord Representation

Arrow leased multiple office, retail, and industrial spaces during the first quarter. See the first quarter transactions below-

  • Fidelity Building Services leased 4,841 SF of space at 1136 114th Ave in Coon Rapids.
  • Arrow leased 10,000 SF to Big Picture Twin Cities 5929 Brooklyn Blvd in Brooklyn Center.
  • Keller Williams leased 7,981 SF of space at the Bell Tower office building in Osseo.
  • Get it Done Fitness leased space at 224 County Road 81 in Osseo commencing March 1st.
  • Arrow lease 11650 96th Ave N in Maple Grove to Fierce Play Fitness
  • Aitkens Essentials, Inc. leased 4,600 SF of space at 11520 96th Ave N in Maple Grove.
  • Peak Potential Family Chiropractic leased 1,536 SF at 16190 State Hwy 7 in Minnetonka.
  • 9040 Quaday Ave in Otsego was leased to Clear Point Construction in February.
  • Arrow renewed Fresenius Medical’s lease at 7365 Kirkwood Court North in Maple Grove.

Tenant Representation

Arrow worked with the following companies in leasing space in the twin cities area.


General Contracting

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.

P&F Machining

Posted in: commercial real estate, general contractor, Quarterly Update,
Read More

Arrow Companies is all about combining things, whether it’s our blend of small-business customer service with big-business projects or our mix of commercial, residential and construction capabilities. Our company itself is a combination of Arrow Real Estate Corporation and Arrow Contracting, Inc.

In the spirit of combination, our beautiful new website joins user-friendly navigation with responsive design, allowing each page to resize and reformat for computers, tablets and smartphones.

Whether your business needs an office space or your family needs a home, Arrow can make it happen on-time and on-budget. Based in Maple Grove, our team of Brokers, Realtors and Property Managers offers a wealth of experience, regional market knowledge and excellent customer service skills to ensure your needs are met quickly and easily.

Commercial Real Estate
Starting with two brokers back in 2004, selling and leasing office, retail and industrial real estate throughout Minneapolis-St. Paul is still our bread and butter. Check out Arrow’s commercial listings page to view our featured properties and view our portfolio page for a list of our sold and leased properties.

Our full-service commercial real estate capabilities include Buyer & Seller Tenant RepresentationSeller & Landlord Representation and Property Management.

Residential Real Estate
For customers looking to buy a home, our Realtors will help you find the right home in the right neighborhood for the right price. For customers looking to sell their home, we will get your listing in front of the appropriate buyers and sold in no time. Check out our residential listings to see the homes we’re currently selling.

General Contracting
As the final piece to Arrow Companies’ puzzle, we offer general contracting from land development to tenant improvements to build-to-suit construction. Check out our current and completed contracting projects throughout the Minneapolis-St. Paul Metro area.

Still not convinced? Read a few testimonials to hear what our clients have to say about our commercial, residential and construction services. We hope you enjoy our new website and decide to choose Arrow Companies for a bull’s-eye on your next project!

Posted in: commercial real estate, customer service, general contractor, land development, new website, property management, residential real estate, responsive design,
Read More

We Provide Beginning-to-end Real Estate Market Solutions and Expertise

See Testimonials