{"id":1004673356,"date":"2023-07-25T01:16:33","date_gmt":"2023-07-25T09:16:33","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004673356"},"modified":"2023-07-28T05:34:37","modified_gmt":"2023-07-28T13:34:37","slug":"mas-hvac-signs-for-150-ksf-in-minneapolis","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/mas-hvac-signs-for-150-ksf-in-minneapolis\/","title":{"rendered":"MAS HVAC Signs for 150 KSF in Minneapolis"},"content":{"rendered":"<div id=\"attachment_1004674076\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/rendering-endeavror-dev-e1690551239921.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004674076\" data-attachment-id=\"1004674076\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/mas-hvac-signs-for-150-ksf-in-minneapolis\/rendering-endeavror-dev\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/rendering-endeavror-dev-e1690551239921.jpg\" data-orig-size=\"960,720\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"rendering endeavr=or dev\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Rendering of Arbor Lakes Business Park Building VI. Image credits of Harris Architects, courtesy of Endeavor Development&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/rendering-endeavror-dev-e1690551239921.jpg?w=960\" class=\"wp-image-1004674076 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/rendering-endeavror-dev-e1690551239921.jpg?w=300\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/rendering-endeavror-dev-e1690551239921.jpg 960w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/rendering-endeavror-dev-e1690551239921.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/07\/rendering-endeavror-dev-e1690551239921.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004674076\" class=\"wp-caption-text\">Rendering of Arbor Lakes Business Park Building VI. <em>Image credits of Harris Architects, courtesy of Endeavor Development<\/em><\/p><\/div>\n<p><strong>MAS<\/strong>\u00a0<strong>HVAC<\/strong>, an air-conditioning equipment manufacturer, has signed a 150,000-square-foot lease at\u00a0<strong>Endeavor Development&#8217;s\u00a0<\/strong>Arbor Lakes Business Park in Maple Grove, Minn. The tenant will use the space as its new headquarters, in addition to manufacturing and logistics operations, starting in January 2024.<\/p>\n<p><strong>Cushman &amp; Wakefield<\/strong> Executive Director Brent Masica negotiated on behalf of the tenant. According to the owner&#8217;s website, <strong>CBRE\u00a0<\/strong>is in charge of marketing the property.<\/p>\n<hr \/>\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/trends-that-will-shape-industrial-real-estate-in-2023\/\">Trends That Will Shape Industrial Real Estate in 2023<\/a><\/p>\n<hr \/>\n<p>MAS HVAC will move in the upcoming Building VI\u2014a 203,020-square-foot facility that is currently under construction within the Arbor Lakes Business Park. The building is planned to include a 15,000-square-foot office component. Construction started earlier this year, as part of the project&#8217;s second phase of development.<\/p>\n<p>Arbor Lakes is a 50-acre master-planned industrial park, slated to include nine buildings comprising 1.9 million square feet, according to CommercialEdge data. Endeavor is developing the park in a joint venture with <strong>PCCP<\/strong>.<\/p>\n<p>The first phase included buildings I and II, currently leased by several tenants\u2014ILLUME, Industrial Netting, Sensiva, Dane Technologies and Mikros Engineering\u2014CommercialEdge also shows. Subsequent phases will potentially see the construction of five more buildings.<\/p>\n<p>Other industrial developments in the region include <a href=\"https:\/\/www.commercialsearch.com\/news\/opus-group-wraps-up-work-on-minneapolis-trio\/\">The Opus Group&#8217;s recent projects<\/a>, totaling 380,000 square feet. In February, the company completed the 130,439-square-foot Nordeast Business Center in Minneapolis, the 137,178-square-foot Sanctuary Business Center in Blaine, Minn., and the 111,820-square-foot Johnny Cake Business Center in Apple Valley, Minn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new tenant will use the location as its new headquarters.<\/p>\n","protected":false},"author":2991,"featured_media":1004674076,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21748,13,36076,21742],"tags":[32789,32799,52098],"class_list":["post-1004673356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-industrial","category-midwest","category-minneapolis-st-paul","category-latest","tag-cbre","tag-cushman-wakefield","tag-endeavor-development"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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