MINNEAPOLIS-Milestone AV Technologies has just signed a three-year lease on a 106,000-square-foot warehouse owned by Virginia Retirement Systems in Shakopee, MN, a town about 23 miles southwest of Minneapolis.

“It’s a smaller footprint than they were paying on,” Dave Paradise, senior director of Cushman & Wakefield/NorthMarq, told GlobeSt.com. He represented VRS and TA Associates Realty, their adviser, in the transaction. Milestone will move its Twin Cities’ bulk distribution operation from an approximately 140,000-square-foot building in nearby Roseville to Shakopee this September.  

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