CBRE Capital Markets is announcing the sale of Plymouth Technology Park, a three-building, 78,558-square-foot industrial tech park in Plymouth, Minnesota to PF Properties. Judd Welliver, Bentley Smith, Ryan Watts, Sonja Dusil and Tom Holtz in CBRE’s Minneapolis office represented the Seller in the transaction. The buyer, PF Properties, is a Golden Valley, Minnesota based family-owned and operated real estate business.
Constructed in 1997, Plymouth Technology Park I, II and III sit on 9.5 acres in the infill market of Plymouth. The three institutional quality industrial tech buildings are 100 percent occupied. Conveniently located, Plymouth is 10 miles from the Minneapolis CBD and is surrounded by wonderful amenities, including 2.9 million square feet of retail and restaurant space. Plymouth has been named Money Magazine’s “Best Places to Live” and is home to 75,000 people and 42,000 jobs.
