CBRE, a leading commercial real estate firm, recently facilitated a 12,827-square-foot lease for Life Link III at Shoreview Business Campus in Shoreview, Minnesota. The nonprofit medical air transportation company relocated to its new space in March of 2024.
The flex building is managed by The RMR Group (RMR), an alternative asset management firm. CBRE’s John Ryden, Jerry Driessen and Maxx Schindel represented RMR during the lease negotiations.
Shoreview Business Campus is situated at 4186 Lexington Ave. N., conveniently located near major highways such as Highway 10 and interstates 35W and 694. Currently at a high occupancy rate of 91%, the property also houses three other medical office tenants including Allina Medical Clinic, Allina Health Urgent Care and Courage Kenny Sports & Physical Therapy.
According to Ryden from CBRE: “We have been representing this building for over fifteen years now.” He added that due to its prime location near corporate campuses like Boston Scientific and Land O’Lakes as well as easy access to major metro highways has resulted in consistently high occupancy rates throughout the years.
This news was originally published on Connect CRE website.
