DORAN COS. BUYS OFFICE BUILDING IN BLOOMINGTON, MINN. FOR $2.1M

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BLOOMINGTON, MINN. — Doran Cos. has purchased a 34,649-square-foot, three-story office building in Bloomington for $2.2 million. Paramount IV LLC sold the property to the Bloomington, Minn.-based general contracting, development and management company. Various Doran entities currently occupy 10,970 square feet in the office located at 7803 Glenroy Road. Other tenants include United Sugars Corp. and several small businesses, including S.S.C. Technologies Inc., Consultis of MN Inc., Selective Site Consultants Inc., and Pennant Co. The building is 80 percent leased. Doran Co. will add a building monument sign along West 78th Street that will identify building tenants. It will also complete extensive interior and exterior renovations to the property. Some of the renovations include new HVAC systems, parking garage improvements including heat and ventilation, upgrades to the elevators, improved restrooms, a new building conference room and more.

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