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High Street Scores Eight Industrial Buildings

BLOOMINGTON, MN-The Boston-based firm selects Welsh Cos. to lease and manage the 520,151-sf portfolio.

By Danielle Anderson | Updated on December 29, 2006

(To read more on the industrial market, click here.)

BLOOMINGTON, MN- High Street Equity Advisors LLC, which entered the Twin Cities this week with an eight-building industrial buy, has tapped locally based Welsh Cos. to lease and manage the 520,151-sf portfolio.

Bill Wardwell, a Welsh senior vice president of brokerage services, says that the eight properties are more than 99% leased to 25 tenants, including Rasmussen Business College, Pitney Bowes, Blue Cross and Blue Shield, and Viad Corp. The only current vacancy in the property is 20,000 sf in Boone Industrial Center, a 75,859-sf building at 7624 Boone Ave. in Brooklyn Park. The Welsh leasing team for the portfolio includes Bill Ritter, Ted Carlson, Ryan Doyle, Rob Brass, Steve Nilsson and Jeff Jiovanazzo

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