Market intelligence
News, deals
and field notes.
Rochester Fleet Farm SOLD!
Chad Behnken brokered Rochester’s largest sale of 2019 so far! Join us in congratulating him and read more in the Post-Bulletin.
Residence at Discovery Square
Be a part of Discovery Square District! We’re excited to offer up to 20,000 sf of flexible commercial space on the street level of Residence at Discovery Square. This unique live/work unit concept is available August 2019. Contact Jamey Shandley or Chad Behnken for more information. Studio, One Bedroom and Two Bedroom apartments are also…
Casey’s Assembles Site in Kasson
Casey’s Retail Stores closed on their purchase of four lots in Kasson on February 1. The site is just two blocks north of the intersection of US Highway 14 and State Highway 57/Mantorville Avenue. George Bayrd represented Casey’s in the negotiations.
111 Vine Construction Update
Construction is on schedule and Hamilton INH Management is leasing for June 1 occupancy.
Rochester’s K-Mart Complex SOLD!
The Rochester property leased by K-Mart and Salvation Army at 201 Ninth Street SE was sold on January 30. Mac Hamilton represented the owner of the 121,844 square foot retail complex in the multi-million dollar sale. Negotiations began well before the February 28 closing of the K-Mart store was announced earlier this year.
2019 has been a busy year so far!
Ari Kolas and Chad Behnken teamed up to finalize lease negotiations in January for the 2,000+ square foot industrial flex space at 6254 34th Avenue NW-Suite B.
Leasing News
Jamey Shandley was instrumental in relocating Preventice Technologies to their newly renovated 17,000+ square foot space at Rochester Technology Campus, 3605 Highway 52. Preventice started the new year in their new location on January 1. Jamey has been the leasing agent for Industrial Realty Group since they purchased the campus in 2018.
Finance & Commerce Back Story: Real estate exec Mac Hamilton’s first client was Mayo
Mac Hamilton made his first real estate deal almost 50 years ago, on the day he turned 21. He has been buying, selling, developing and managing property ever since, from Chicago to Atlanta to Houston. But it was in Rochester, Minnesota, that he stayed, managing property for the renowned Mayo Clinic and then, in 1979,…
Ari Kolas Joins Hamilton Real Estate
We’re excited to introduce Ari Kolas as our newest Associate at Hamilton Real Estate!