Member Press Release

Paramount Real Estate Corp/TCN Worldwide Brokers LDI Land Sale in Brooklyn Park

A new speculative industrial building is planned for Brooklyn Park and the Paramount Real Estate Corp team of Fred Hedberg, John Young, and Joe Schultz sold the land to get the project started.  The Paramount team has provided real estate services to Liberty Diversified International (LDI) for over a decade. This includes leasing several of LDI’s industrial buildings and, most recently, selling the excess land in Brooklyn Park.  The site is a 5.5-acre parcel at 9501 Louisiana Avenue (southeast corner of Highways 169 and 610) and the developer plans to build a 75,000 square foot state-of-the-art industrial building called Highview 610 Business Center.

Endeavor Development, founded by Josh Budish, is the developer.  Groundbreaking for the property is planned for this Spring.  The Paramount team is also handling leasing for Highview 610 and is marketing the building for fall 2021 occupancy.  The property has have great visibility to Highway 610, will be 28’ clear height, have plenty of vehicle parking, and a spacious truck court.  The building will be divisible to 15,000 square feet.

For more information about investment sales contact us at:

PARAMOUNT REAL ESTATE CORP | TCN WORLDWIDE

952.854.8290

www.paramountre.com

1650 W 82nd Street, Suite 725 | Bloomington, MN 55431