Trammell Crow Starting Spec Business Center

MINNEAPOLIS—The Twin Cities region continues to show remarkable strength in many commercial real estate sectors, including industrial. In just the latest sign of that health, in July the Trammell Crow Company, a Los Angeles-based subsidiary of the CBRE Group, Inc., will begin developing a 185,470-square-foot speculative industrial development in suburban Roseville. They will build the project, known as the “Midtown Business Center,” on approximately 13 acres and complete it by December.

“We are very excited about the opportunity to be working with TCC on the Midtown Business Center project,” says Matt Oelschlager, first vice president with CBRE’s Bloomington, MN office, who, along with CBRE’s John Ryden, will market the property. “It provides a unique opportunity to the market, offering Class A industrial space in a prime in-fill location. We’re confident it will be a very successful project.”