National + Minnesota + Industrial | November 17, 2017

C&W to Lease Minnesota Distribution Buildings

The Meritex Company will demolish an existing 360,000-square-foot industrial property and construct two state-of-the-art 144,000-square-foot bulk-distribution buildings, Highcrest II & III, in Roseville, MN. The commercial real estate project is anticipated to deliver in fall 2018.

The Minneapolis-based company developed the existing building in 1964, and owned and managed the property for four decades. The company sold it in 2004, and subsequently repurchased the asset in 2016.

The new buildings will be located at 2740 Highcrest Rd., have close access to Interstate 35W, Highways 36 and 280, and are closer to downtown Minneapolis and St. Paul than recently developed industrial projects.

Meritex’s Ray Kivett says, “We know tenants want great freeway access, to be close to Minneapolis and St. Paul and have unrivaled access to labor, and this project will provide all of the above.”

Cushman & Wakefield’s David Stokes, Todd Hanson, Jason Sell, Chris Weirens and Ian Thompson head up the leasing effort.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.