
CRG Launches Minnesota’s Biggest Spec Industrial
CRG has started construction on The Cubes at French Lake, CRG’s first super-bulk inventory distribution facility in Minnesota and the largest speculative industrial project ever developed in the state. The 1,006,880-square-foot development is located on 65 acres at 11500 Lawndale Ln. in Dayton, MN, within the Twin Cities suburbs.
The Cubes at French Lake is expected to open in 2023. It will offer immediate access to U.S. Interstate 94 via the new Dayton Parkway interchange, which was completed in fall 2021.
“Today’s modern industrial users are very discerning in terms of market, build quality, amenities and highway access,” said Jeff Lanaghan, SVP – Midwest Region and partner at CRG. He added that the spec project “addresses a significant market gap in the third-largest metropolitan area in the Midwest.”
Lee & Associates principal Chris Garcia and associate Grace McGuire are leading the leasing efforts for the new building.
- ◦Development