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Chicago & Midwest  + Midwest  + Industrial  | 

CRG Plans 1M-SF Spec Industrial in Twin Cities

CRG, the real estate development and investment arm of Chicago-based Clayco, plans to develop The Cubes at French Lake, bringing up to one million square feet of distribution space to a 65-acre site in Dayton, MN, 20 miles northwest of downtown Minneapolis. It will be CRG’s first super bulk inventory distribution facility in Minnesota and reportedly the largest speculative industrial facility developed in the state.

Located at 11500 Lawndale Ln. in Dayton, The Cubes at French Lake is adjacent to the new Dayton Parkway Interchange. Lee & Associates will handle leasing for the project, which will also be marketed as a build-to-suit opportunity.

“Like many parts of the country, the Minneapolis-St. Paul region has a low industrial vacancy rate and growing need for Class A distribution facilities, especially of this size and quality,” said Jeff Lanaghan, CRG SVP and partner, Midwest region.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types as well as delving into broader subject matter. He produces 15-20 daily news stories per day and also works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.

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