Syndicated Equities Group Acquires Headquarters Property in Minnesota

Syndicated Equities has acquired the Legrand AV Global Headquarters in Minnetonka, Minnesota.

The property integrates all core functions for Legrand AV, including engineering, R&D, production, executive offices, and national training facilities and will house 210 employees. Originally constructed in 1982, the property underwent a comprehensive renovation in 1997 and is currently undergoing an over $4 million renovation for Legrand AV.

Earlier this month, Legrand AV which manufactures infrastructure and AV solutions, officially opened the doors of its new headquarters in Minnetonka, at the 98,000-square-foot facility that will bring together the company’s key administrative and product development teams under one roof.

Legrand AV is a subsidiary of Legrand S.A, a French multinational conglomerate and Syndicated structured the acquisition as a Delaware Statutory Trust to accommodate both cash and 1031 exchange investors.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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