Oppidan, with its partner Rockpoint Group, has plans to develop three high-quality bulk distribution and life sciences projects totaling 1.55 million square feet in Minneapolis-St. Paul, Minn., and Raleigh-Durham, N.C.
Recently, JLL Capital Market arranged a $157.3 million joint venture equity partnership.
The pipeline comprises nine state-of-the-art buildings on three development sites. Five buildings are expected to begin construction this year, with anticipated completion for all nine in 2022 and 2023.
The future Chaska Creek Industrial Park is in the southern part of the Minneapolis-St. Paul MSA in Chaska. The two-building bulk warehouse will be expandable for a variety of industrial operations and surrounded by amenities.
In Ramsey in the northern part of the Minneapolis-St. Paul MSA, Bunker Lake Business Park’s three-building design will be able to accommodate different types of industrial operations within the area. There are currently no other a
