Stellar, a manufacturer of precision components and assemblies for medical applications such as pacemakers, has preleased 42,215 sf of office, warehouse, and showroom space at Duke's Crosstown North Building 10. The company signed a 10-year lease, citing the new property's high-profile image, custom design, location and addition of heavy power as reasons for selection.
Stellar Technologies, which is expanding from its current Brooklyn Center facility, will use 7,000 sf of office, 5,000 sf of clean room space and the balance for manufacturing and storage. The relocation will bring about 150 jobs to Brooklyn Park, where Duke's Crosstown North Business Center is located.
Crosstown North Business Center is Duke Realty's master-planned business park located just east of Highway 169 and south of 93rd Avenue and the future Highway 610.
Mark Youngquist, a senior leasing representative, represented Duke Realty, and Jim Povolny, a principal of the St. Paul-based the Povolny Group, represented Stellar Technologies in the lease transaction.
Duke also said it has signed OfficeMax Contract Inc., the office product suppliers' business-to-business division, to Crosstown North Building 5. Along with existing tenants Border States Industries Inc. and GE Polymer Land Inc., OfficeMax's new 40,000-sf lease brings the distribution facility to 100% occupancy.
OfficeMax, a Duke client in multiple markets, was attracted to the Crosstown North Building 5 for its 24-foot clear height, efficiencies and numerous dock doors. Youngquist also represented Duke in this lease transaction; David Brown of CB Richard Ellis represented OfficeMax Contract Inc.
Duke also is building custom facilities for Rasmussen College and Kelco Supply Co., in addition to its Crosstown 10 speculative building.
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