GREAT POINT SELECTS WELSH FOR PORTFOLIO MANAGEMENT

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PLYMOUTH, MAPLE GROVE AND BROOKLYN PARK, MINN. — Boston-based Great Point Investors has selected Minnetonka, Minn.-based Welsh Property Trust to lease, manage and provide maintenance services for its 840,000-square-foot, 17-building industrial and office real estate portfolio. The portfolio, which is 77 percent occupied, contains properties in Plymouth, Maple Grove and Brooklyn Park, Minn. Brett Greenfield of Welsh will serve as the portfolio manager and the leasing team will include Paul Bickford, Jim Damiani, Rob Brass and Andrew Odney of St. Paul, Minn.-based NAI Welsh.

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