The QuadGraphics Building (formerly Brown Printing) located at 2300 Brown Ave in Waseca, Minn. has been purchased by a group of Southern Minnesota based developers. Coldwell Banker Commercial Fisher Group (CBCFG) assisted the with the purchase of the building in late June.
CBCFG worked to find investors interested in the expansive warehouse and manufacturing space and is now the listing broker. President and Broker/Owner, David Schooff, is working alongside the new owners to find ideal mix of tenants.
“It’s not your typical warehouse, not only do you have an incredible amount of affordable space, but it has unique features like climate-controlled storage, an automated retrieval system and rail access,” Schooff said. “We knew we’d have to be innovative when finding the right buyer to make sure the building could be utilized to its full potential.”
The new owners hope to attract tenants who are looking for industrial space with a focus on returning full time jobs to the greater Waseca community. Features include: 54,000 square feet of office space, 500 feet of indoor rail and equipment to provide massive production support. The building was on the market for less than six months.
CBCFG is a leader of commercial real estate and business brokerage in Southern Minnesota and the number one Coldwell Banker Commercial office in Minnesota for the past several years.