ROGERS, MN-Liberty Property Trust has closed the acquisition of industrial park land spanning 55 acres in Rogers. Liberty has purchased the vacant land at 13115 Brockton Lane North from Moen Leuer Properties Inc. for $2.1 million.
This is the first land deal for the Malvern, PA-based firm since the economic downturn started two years ago. It could also be considered as a revival of the market for land. For the full story, go to Minneapolis/St. Paul Business Journal.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.