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Meritex Acquires 299,600 SF Industrial Property in Shakopee, Minnesota

1080 Park Place is 100 percent leased to two tenants.

1080 Park Place is 100 percent leased to two tenants.

SHAKOPEE, MINN. — Meritex has acquired 1080 Park Place, a 299,600-square-foot industrial property in Shakopee, about 25 miles southwest of Minneapolis. The class A property is 100 percent leased to two tenants. The building features 38-foot clear heights, an ESFR sprinkler system and trailer parking with convenient access from Minnesota State Highways 169 and 101. Steve Dorff of Meritex will manage the property. The sales price was not disclosed.

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