Property Achieves 100% Occupancy Following Deals with ABC Supply and UPAC2
December 04, 2024
MINNEAPOLIS – Transwestern Real Estate Services (TRS) announces two new, long-term lease deals at I-94 Distribution Center, 22000 Industrial Blvd., Rogers, Minn. The two deals total 116,042 square feet of warehouse space and 66,179 square feet of outdoor space, bringing the 297,756-square-foot distribution center to full occupancy. Property owner Dalfen Industrial is represented by TRS Industrial Services brokers Nate Erickson and Alex Baron.
ABC Supply Co., Inc., the largest wholesale distributor of roofing and other select exterior and interior building products in North America, signed a lease for 49,954 square feet inside the building and 66,179 square feet, or approximately 1.5 acres, of secure outdoor space. UPAC2, a food packaging company, will occupy 66,088 square feet of space within the property.
“The Northwest suburban property is a stellar location for both ABC Supply and UPAC2 thanks to its great visibility and access to Highway 101 and Interstate 94,” said Erickson. “Both transactions posed challenges due to the additional power required as well as supply chain constraints with switchgear and transformers. Dalfen Industrial and our project partners all came together for a great team effort to get these leases completed.”
“Dalfen is thrilled to welcome ABC Supply and UPAC2 to our roster of industrial tenants,” said Christine Choi Moore, Dalfen Industrial’s Head of Leasing. “These new locations will enable both tenants to expand their presence and services to their clients in this region. We look forward to seeing ABC Supply and UPAC2 continue their success locally and beyond.”
The previous tenant exited I-94 Distribution Center in March 2024, and both ABC Supply and UPAC2 plan to move into their spaces in early 2025. In addition to ongoing power upgrades ahead of the new tenants’ move-in date, the building was also painted in 2024.
ABC Supply was represented by broker Joe Owen with Colliers, and UPAC2 was represented by broker Austin Lovin with CBRE.
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About Transwestern Real Estate Services
Part of the Transwestern companies, Transwestern Real Estate Services (TRS) strives to add value for investors, owners and occupiers across all commercial property types. Fueled by a holistic perspective of the real estate life cycle, agility and creativity are hallmarks of our approach, while vast national resources and sound market intelligence underpin customized recommendations and property solutions.
Four dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Clients and investors rely on us for expertise that spans institutional and opportunistic investment, development, hospitality, and brokerage and asset services. Our award-winning, collaborative culture empowers team members with resources and independence to work across boundaries in pursuit of innovative solutions, reinforcing a reputation for service excellence that translates to measurable results. Through offices nationwide and alliance partners around the globe, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at transwestern.com and @Transwestern.
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Mason Johnson
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mason.johnson@transwestern.com
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