SHAKOPEE, MN-Milestone AV Technologies has signed a lease for a new 106,000-square-foot distribution center here.
The audio visual company is expected to use the facility as a replacement for its 130,000-sf Milestone distribution center in Roseville, according to the Minneapolis-St. Paul Business Journal.
Milestone is taking space at 804 Valley Park Dr. that was previously leased to Sanmar Corp., which is building its distribution facility nearby. Milestone, which was represented by Bill Ritter, senior vice president at Colliers International, will begin occupying the space in September. Dave Paradise and Sydney Johnson of Cushman & Wakefield/NorthMarq represented the landlord in the deal, Virginia Retirement Systems and its advisor, TA Associates Realty. See story in the Minneapolis-St. Paul Business Journal.