It’s always rewarding to see a plan come together.
When Manna Capital Group, led by Ryan Hank acquired Fridley Corporate Center at 6499 University Ave. NE in late 2024, the 74,160 SF office building was approximately 50% occupied.
Recognizing the property's potential, Ryan Hank and the ownership group brought in
Arrow Real Estate to help execute a strategy focused on improving occupancy, strengthening the property's performance, and maximizing its value.
Over the next 21 months, Arrow Real Estate worked alongside ownership to increase occupancy to approximately 95%, culminating in the recent sale of the property for
$6.935 million.
Achieving that kind of turnaround takes more than simply filling vacant space. It requires a strategic approach to leasing, tenant improvements, property management, construction coordination, and ongoing collaboration with an ownership group committed to investing in the property's future.
This project is a great example of how Arrow Companies brings together commercial real estate expertise, hands-on execution, and a team-oriented approach to help property owners achieve meaningful results.
Congratulations to Ryan and Manna Capital Group on a successful outcome, and thank you for trusting Arrow to be part of the journey.
The right strategy. The right partnership. Real results.
Have a commercial property that could benefit from a strategic approach?
Whether you're looking to lease, reposition, manage, or sell a commercial property, Arrow Real Estate brings the experience, resources, and hands-on approach to help you reach your goals.
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