Plymouth Technology Park, 5005-5025 Cheshire Lane, Plymouth, MN
MINNEAPOLIS, MN—PF Properties, a Golden Valley, MN-based family-owned and operated real estate business, has acquired Plymouth Technology Park, a three-building, 78,558-square-foot industrial tech park in Plymouth, MN.
Judd Welliver, Bentley Smith, Ryan Watts, Sonja Dusil and Tom Holtz in CBRE's Minneapolis office represented the seller in the transaction, who was identified as Alidade Capital of Bloomfield Hills, MI, by Real Capital Analytics, a proprietary research database that tracks commercial real estate transactions.
Constructed in 1997, Plymouth Technology Park I, II and III occupy 9.5 acres in the infill market of Plymouth. The three institutional-quality industrial tech buildings are fully occupied. Plymouth is 10 miles from the Minneapolis CBD and is surrounded by amenities, including 2.9 million square feet of retail and restaurant space.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
