JRW Realty Facilitates Acquisition of Institutional-Quality Class A Industrial Distribution Center in Minnesota

PASADENA, Calif. — JRW Realty, a commercial real estate brokerage that sources net-leased properties on behalf of institutional clients, is pleased to announce that the company helped one of its institutional buyers acquire a 753,640-square-foot, Class A industrial distribution facility net-leased to a Fortune 5 company. Judd Welliver of CBRE represented the seller in the transaction.

Built in 2021, the property is located in Lakeville, Minnesota, and serves as a mission-critical regional hub within the tenant's logistics network. The asset combines modern, institutional-quality construction with a long-term net lease to an investment-grade tenant and a strategic location within one of the Midwest’s largest and most established distribution markets. These attributes, strong credit, durable cash flow, modern functionality, and a high-quality industrial market, make the property a strong fit for the rigorous acquisition criteria of JRW Realty’s institutional clients. 

JRW Realty president Melinda Marston noted that this transaction reflects the firm’s clients’ ongoing expansion into the industrial net lease space. JRW Realty’s clients remain actively engaged in acquiring net lease industrial properties occupied by creditworthy tenants.

"This property checks every box our clients look for in an industrial acquisition, including a long-term net lease with a Fortune 5 tenant, a mission-critical role in the tenant’s logistics network, and a market with the population growth and economic diversity to support it well into the future," said Marston. "We’re grateful to Judd Welliver and the team at CBRE for their partnership in executing this transaction, and we remain focused on sourcing similar industrial opportunities on behalf of our institutional clients."

About JRW Realty

JRW Realty is a commercial real estate brokerage firm that has closed over $7.0 billion in transactions across over 1,400 properties on behalf of its clients. JRW Realty's team places special focus on due diligence, reviewing over 100 properties each week and only choosing to source for clients the best 1-2% according to their rigorous acquisition criteria. For more information, visit www.jrwrealty.com.

Sourcing Contacts
Melinda Marston, President
CA DRE #01950977
melinda@jrwrealty.com

Chris Thompson, Vice President - Western Region
CA DRE #02199690
cthompson@jrwrealty.com

Jacob Ryan, Vice President - Eastern Region
jryan@jrwrealty.com

Media Inquiries
press@jrwrealty.com