Contact: Brittany Nyenhuis FOR IMMEDIATE RELEASE
Phone: (608) 852-8777
July 1, 2014 (Edina, Minnesota) — On July 1st, Madison-based Sara Investment Real Estate acquired a multi-tenant building located in Edina, MN. The 139,101 square-foot property, located on 5150-5198 West 76th Street, is home to Arkray USA, Inc. and Barr Engineering.
Sara initially took interest in the property due to the location and the strength of the tenants. They believe the acquisition is an ideal investment opportunity as Minnesota is one of the top regions for biotech facilities in the nation.
This is Sara’s third acquisition in the Minnesota market. They hope to continue to expand their presence in the state and are actively pursuing other commercial projects.
About Sara Investment Real Estate:
Sara Investment Real Estate owns and operates more than 70 properties throughout Wisconsin, Minnesota and Illinois. Since it was founded in 1997, Sara Investment Real Estate has worked diligently to provide tenants, investors, and more importantly, the community a holistic approach to real estate. Sara provides brokerage, leasing, property management, financing, investor relations and developmental services to foster prime real estate and partnerships in the community.