Arch Street, Brennan Acquire MN Industrial Facility
The acquisition is part of a $300 million joint venture with Brennan Investment Group, focusing on acquiring and aggregating single-tenant, long-term, net-leased, mission critical industrial assets.
By IvyLee Rosario
Minneapolis skyline
Arch Street Capital Advisors has completed the acquisition and leaseback of Total Logistics’ Headquarters, an 86,460-square-foot facility in Minneapolis suburb Oakdale, Minn. Total Logistics is a third-party logistics and supply management company, its core services including dedicated fleets, third-party logistics, and warehousing services for end-to-end logistics management.
The acquisition is part of a $300 million joint venture with Brennan Investment Group, focusing on acquiring and aggregating single-tenant, long-term, net-leased, mission critical industrial assets.
“We continue to look to acquire high-quality, single-tenant, net-lease assets on behalf of our institutional clients.” said Gautam Mashettiwar, vice president of Arch Street Capital Advisors, in a prepared statement. “We look forward to continuing our long standing relationship with the Brennan Investment Group.”
Image courtesy of Flickr user m01229
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