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MARKET REPORT
<br />SALES ACTIVITY
<br />BUILDING
<br />I AUGUST 2015 1 INDUSTRIAL I MINNEAPOLIS -ST. PAUL
<br />MW
<br />ADDRESS CITY BUYER SELLER SUBMARKET
<br />SF
<br />PRICE
<br />P RISE CE
<br />DATE
<br />930 13th Ave NE
<br />930 13th Ave NE
<br />Minneapolis
<br />Sara Investment
<br />Hillcrest Development
<br />Minneapolis
<br />North
<br />13,050
<br />$740,000
<br />$57
<br />Jun -15
<br />1620 Taylor St NE
<br />1620 Taylor St NE
<br />Minneapolis
<br />Sara Investment
<br />Hillcrest Development
<br />Minneapolis
<br />North
<br />40,968
<br />$3,165,000
<br />$77
<br />Jun -15
<br />1361 Tyler St NE
<br />1361 Tyler St NE
<br />Minneapolis
<br />Sara Investment
<br />Hillcrest Development
<br />Minneapolis
<br />North
<br />182,064
<br />$16,295,000
<br />$90
<br />Jun -15
<br />1515 Central Ave NE
<br />1515 Central Ave
<br />Minneapolis
<br />Sara Investment
<br />Hillcrest Development
<br />Minneapolis
<br />100,000
<br />$5,400,000
<br />$54
<br />Jun -15
<br />NE
<br />North
<br />8800 Queen Ave S
<br />8800 Queen Ave S
<br />Bloomington
<br />Lone Star Funds
<br />Equity
<br />Commonwealth
<br />Southwest
<br />172,887
<br />$20,098,991
<br />$116
<br />Jun -15
<br />Southtech Plaza
<br />9555 James Ave S
<br />Bloomington
<br />SLCthtech Ridge
<br />Belgarde Enterprises
<br />Southwest
<br />230,099
<br />$19,200,000
<br />$83
<br />Apr -15
<br />1035 Nathan Lane
<br />1035 Nathan Ln N
<br />Plymouth
<br />CPA0:18
<br />Geneva Organization
<br />West/Northwest
<br />208,900
<br />$17,000,000
<br />$81
<br />May -15
<br />Sportech
<br />10800 175th Ave
<br />Elk River
<br />Broadstone Real
<br />Envision Co LLC
<br />Minneapolis
<br />92,830
<br />$6,412,440
<br />$69
<br />Apr -15
<br />NW
<br />Estate
<br />North
<br />Sportech
<br />17507 Tyler St NW
<br />Elk River
<br />Broadstone Real
<br />Envision Co LLC
<br />Minneapolis
<br />50,079
<br />Apr -15
<br />Estate
<br />North
<br />Sportech
<br />11074 179th St
<br />Elk River
<br />Real
<br />Envision Co LLC
<br />Minneapolis
<br />56,000
<br />$3,338,600
<br />$60
<br />Apr -15
<br />Estadstone
<br />Est
<br />stateNorth
<br />Five Star Commerce
<br />11701-11751 95th
<br />Osseo
<br />Interstate
<br />Lone Star Funds
<br />West/Northwest
<br />163,012
<br />$6,490,596
<br />$40
<br />May -15
<br />Center
<br />Ave N
<br />Partners
<br />Five Star Commerce
<br />9464-9498
<br />Osseo
<br />Interstate
<br />Lone Star Funds
<br />West/Northwest
<br />47,150
<br />$2,579,395
<br />$55
<br />May -15
<br />Center I
<br />Hemlock Ln N
<br />Partners
<br />121 12th Ave S
<br />121 12th Ave S
<br />Minneapolis
<br />Shamrock
<br />Ameriprise
<br />Minneapolis
<br />121,783
<br />$8,300,000
<br />$68
<br />May -15
<br />Development
<br />North
<br />AM Castle
<br />3100 82nd Ln NE
<br />Saint Paul
<br />Camelot Metals
<br />A.M. Castle & Co.
<br />Minneapolis
<br />65,888
<br />$7,700,000
<br />$117
<br />Apr -15
<br />Inc
<br />North
<br />2160 Mustang Drive
<br />2160 Mustang Dr
<br />Saint Paul
<br />Saia Motor
<br />Freight Line LLC
<br />Coldwell Banker
<br />St. Paul East
<br />65,258
<br />$7,300,000
<br />$112
<br />Jun -15
<br />Egan Cc
<br />11611 Business
<br />Champlin
<br />Egan Co
<br />WP Carey (REIT)
<br />West/Northwest
<br />182,168
<br />$7,000,000
<br />$38
<br />May -15
<br />Park Blvd N
<br />Hoyt Properties
<br />River Road Business
<br />OBO Forum
<br />Cornerstone RE
<br />Minneapolis
<br />Center I & II
<br />5301 E River Rd
<br />Fridley
<br />Equities LLC
<br />Advisers
<br />North
<br />139,645
<br />$6,314,000
<br />$45
<br />May -15
<br />JV MLG Private
<br />Equity
<br />12301 Dupont Ave S
<br />12301 Dupont
<br />Burnsville
<br />Biynah Indus-
<br />The O'meara Family
<br />Airport/South of
<br />177,807
<br />$6,200,000
<br />$35
<br />Jul -15
<br />Ave S
<br />trial Partners
<br />the River
<br />DataBank SE Min-
<br />3255 Neil Arm-
<br />Carter Validus
<br />Liberty Property
<br />Airport/South of
<br />neapolis MSP -2
<br />strong Blvd
<br />Eagan
<br />Mission Critical
<br />Trust
<br />the River
<br />176,346
<br />$5,800,000
<br />$33
<br />Jul -15
<br />REIT
<br />9000 10th Ave N
<br />9000 10th Ave N
<br />Minneapolis
<br />Luther Automo-
<br />tive Group
<br />Guy St Marie
<br />West/Northwest
<br />88,675
<br />$5,800,000
<br />$65
<br />May -15
<br />Sierra Corporation
<br />11401 W 47th St
<br />Hopkins
<br />AIC Ventures
<br />Sierra Corporation
<br />West/Northwest
<br />110,057
<br />$5,000,000
<br />$45
<br />May -15
<br />21320 Hamburg Ave
<br />21320 Hamburg
<br />Lakeville
<br />Lisa Capp
<br />Norman Oberto of
<br />Airport/South of
<br />65,717
<br />$4,500,000
<br />$68
<br />Jul -15
<br />Ave
<br />Imperial Plastics Inc
<br />the River
<br />1801 Old Hwy 8 NW
<br />1801 Old Hwy 8
<br />New Brigh-
<br />Biynah Indus-
<br />Edwin J & Diana S
<br />Minneapolis
<br />119,900
<br />$4,450,000
<br />$37
<br />May -15
<br />NW
<br />ton
<br />trial Partners
<br />Taylor
<br />North
<br />6875 Shady Oak
<br />6875 Shady Oak
<br />Eden Prairie
<br />EdgeConneX
<br />Ocwen Financial
<br />Southwest
<br />34,105
<br />$3,862,500
<br />$113
<br />Jun -15
<br />Road
<br />Rd
<br />2745 W Service Rd
<br />2745 Service Rd W
<br />Eagan
<br />LS Capital
<br />Provident Real Estate
<br />Airport/South of
<br />210,616
<br />$3,720,881
<br />$18
<br />Jul -15
<br />Ventures
<br />the River
<br />Amerilab Technolo-
<br />2765 Niagara Ln N
<br />Plymouth
<br />Fred Wehling
<br />Bruce Paddock
<br />West/Northwest
<br />121,120
<br />$3,300,000
<br />$27
<br />Apr -15
<br />gies
<br />Data Source Building
<br />5051 Hwy 7
<br />Minneapolis
<br />Buhl Investors
<br />Roar Lund
<br />Southwest
<br />52,650
<br />$3,288,000
<br />$62
<br />Apr -15
<br />2800 Vicksburg Ln N
<br />2800 Vicksburg
<br />Plymouth
<br />Southtech Ridge
<br />State Farm Life
<br />West/Northwest
<br />150,294
<br />$3,254,435
<br />$22
<br />Apr -15
<br />Ln N
<br />LLC
<br />Insurance Co
<br />9651 Newton Avenue
<br />9651 Newton
<br />Minneapolis
<br />Newton Proper-
<br />Kensington Invest-
<br />Minneapolis
<br />72,000
<br />$3,086,000
<br />$43
<br />Jun -15
<br />South
<br />Ave S
<br />ties LLC
<br />ments 1 LLC
<br />North
<br />COLLIERS INTERNATIONAL I MINNEAPOLIS -ST. PAUL
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