MSP Commercial & Colliers Availabilities

MSP COMMERCIAL & COLLIERS

Current lease availabilities

October 3, 2023

Accelerating success.

Eagan Place Professional

1215 Town Centre Drive | Eagan, MN

Highlights

• On-building signage possible

• Energy efficient, environmentally friendly state-of-the-art building systems

• LEED Silver Certified building design

• Convenient location just off Yankee Doodle Road and I-35E

• Building conference room

• Surrounded by restaurants and retail

• On Minnesota Physician magazine’s Health Care Honor Roll

Building Information

Building Size 32,800 SF

Year Built 2008

Floors Two (2)

Parking Ratio 6.5 / 1,000

Lease Terms

Space Available Suite 130: 2,862 SF Suite 210: 3,766 SF

Date Available Immediately

Net Rental Rate Negotiable

2023 Tax & CAM $12.02 PSF Operating Expenses

$ 5.06 PSF Taxes

$17.08 PSF Total

Engler Health Center

1200 Chaska Creek Way | Chaska, MN

Highlights

• On-building and monument signage available

• Easy access to Highway 212

• Visible by traffic counts of over 195,000 vpd on Highway 212

• Close proximity to area shops and restaurants in downtown Chaska

• Phase I: Complete

• Phase II: Available

• Great regional location

• Ample parking on surface lot

Building Information

Building Size

Phase I: 28,613 SF

Phase II: 34,000 SF

Year Built 2018

Floors Two (2)

Parking Ratio 5.31 / 1,000

Lease Terms

Space Available Second Floor: 4,361 SF

Date Available Immediately

Net Rental Rate $23.00 PSF

2023 Tax & CAM $ 9.86 PSF Operating Expenses $ 5.02 PSF Taxes

$14.88 PSF Total

Jordan Medical Building

500 Seville Drive| Jordan, MN

Highlights

• Prime commercial site in the heart of fast growing Scott County!

• New medical office building planned for a 2024 start

• Easy access to Hwy 169 & 212

• Conveniently located near shopping & restaurants

• Located directly across the street from the new senior living facility, Brentwood Terrace

Property Information

Building Size 15,000 SF

Space Available 12,000 SF

Floors One (1)

Rate Negotiable

North Grove Medical Building

Maple Grove Pkwy & 105th Ave N | Maple Grove, MN

Highlights

• New medical office building in Maple Grove

• Easy access and visibility along I-94, Highway 610 and County 81

• Ample surface parking lot

• Numerous restaurants and shopping within blocks

• Close proximity to Hospital

• On building signage available

Property Information

Building Size Up to 50,000+ SF

Space Available 4,000 - 50,000+ SF

Construction Start Spring 2024

Floors Two (2)

Rate Negotiable

PROPOSEDBUILDING UPTO50,000+SF 2LEVELS

Tamarack Hills Medical Building

748 Bielenberg Drive | Woodbury, MN

Highlights

• Single-story, direct entrance space

• Building signage available

• Located on the high profile, highly visible corner of Bielenberg Dr & Tamarack Rd in Woodbury

• Conveniently located near M Health Fairview Woodwinds Hospital & Health Campus

• Close proximity to Tamarack Village retail, and numerous restaurants and shopping within a one mile radius

Building Information

Building Size 30,200 SF

Year Built 2022

Floors One (1)

Parking Ratio Ample free surface parking

Lease Terms

Space Available 4,571 SF

Date Available Immediately

Net Rental Rate Negotiable

2023 Tax & CAM $3.99 PSF Operating Expenses

$1.59 PSF Taxes

$8.58 PSF Total

Coon Rapids Specialty Center

4136 Coon Rapids Boulevard NW | Coon Rapids, MN

Highlights

• New build-to-suit medical building

• Adjacent to Allina’s Mercy - Coon Rapids Hospital

• Site flexibility for onsite mobile imaging

• Covered patient drop-off

• On-building and monument signage

• Physician Ownership Available

• Prominent location on Coon Rapids Boulevard

Building Size 15,000 SF

Space Available 12,000 - 14,300 SF

Completion Date Building Shell Delivery by Q2 2024

Floors One (1)

Parking 4.5 / 1,000

Rate Negotiable

12,800vpd

CoonRapidsBlvd

Eldorado

NW

Option 1

Option 2

Has a spot for a MRI trailer on the south side of the building

WHO WE ARE

Healthcare Real Estate Experts.

MSP Commercial is passionate about developing and managing healthcare real estate. We have been focused on this specialized industry in the Twin Cities Metro area since the company began in 2003.

Our growing portfolio stretches across the sevencounty metro area into western Wisconsin and includes primary care clinics, ambulatory surgery centers, and multi-location specialty clinics, as well as family-owned practices.

The proof is in the numbers:

Within our 1.2 million square foot portfolio, 93% of it is medical office properties.

Our years of dedication to medical environments combined with a team with 100+ years of healthcare industry expertise have helped us become a great resource to many healthcare providers in the metro area.

We have built a comprehensive understanding of the intricacies that come with the ownership, management and development of these complicated, but essential facilities.

Our Approach

At MSP Commercial, all our projects are long-term investments. We use a unique two-part approach consisting of hands-on ground up project development followed by thorough and supportive property management. This proven process provides high quality healthcare environments from project inception through occupancy, and beyond.

In-depth knowledge of the Twin Cities’ healthcare and real estate market, combined with long standing relationships with financial institutions, community leaders, and brokerage firms eases the stressful financing, entitlement, and development processes.

An extensive understanding of medical grade building automation systems, materials, and clinical operations, coupled with a trusted web of highly skilled vendors and contractors, ensures that each building is kept up to the highest standards within the healthcare industry.

Years of working side by side with healthcare organizations and specialty providers have given us deep insight on constructing a successful custom environment based on the specific needs of the tenant.

Highly trained in complex healthcare-specific best practices and building regulations, our team stays on top of industry changes and standards and provides 24/7 support.

Detailed and diligent project construction oversight provides stability and ensures that quality materials and skilled vendors are being used in each space.

Project Management

OUR COMMITMENT: PROVIDING LEADERSHIP & ACCOUNTABILITY

Construction projects are complex, costly and time-consuming.

They require collaboration, streamlined processes, reliable resources and excellent organization. We can help clients successfully navigate this daunting process, smoothly and effectively.

1 3 2

LISTEN.

We start the process by collaborating with clients, listening to their needs, goals and suggestions. We work together to set reasonable objectives that meet each client’s financial and environment requirements. PLAN.

Our team oversees everything from initial bidding and team selection to project close-out and warranty walkthroughs. We help client’s build the right team to fit their unique project, while planning and reviewing documentation, plans and schedules to make sure every aspect of the project is covered.

IMPLEMENT.

Applying our experience managing a variety of projects including ground up developments, tenant improvements, capital improvements and redevelopment, our team implements our proven project management process to ensure thorough oversight, consistent collaboration and guidance for clients.

Our project management process is focused on supporting clients every step of the way. It includes:

• Budget Development & Cost Control

• Schedule Development

• Delivery Oversight

• Design Monitoring & Consultation

• Construction Management

• Commissioning Process Oversight

• FF&E Review & Guidance

• Relocation Planning & Management

• Decommissioning & Restoration Management

• Project Close-Out

Meet The Colliers Team

Our Midwest Healthcare Services team, anchored by Misty Bowe, Louis Suarez and Brian Bruggeman, provides more than forty-five years of local real estate expertise and the powerful resources of the Colliers’ National Healthcare Services platform. Our team takes a focused, collaborative and data driven approach to all aspects of healthcare real estate. As members of Colliers’ exclusive Healthcare Fellows designation, the team has access to industry-leading research and data as well as a national network of healthcare experts. This industry-leading combination of national resources and local expertise provides best-in-class service and results to our clients.

Misty Bowe, CCIM

Senior Vice President

+1 952 897 7713

misty.bowe@colliers.comm

Misty started her career in the commercial real estate industry in 2003. Since 2009, her focus has been exclusively in the healthcare sector. Misty is responsible for providing consulting and advisory services to healthcare clients offering a unique understanding of the issues specific to their practices. She brings her clients unbiased, uncompromised representation and is a true advocate and extension of their internal team.

As a member of Colliers Healthcare Services team, Misty leverages this national platform to help her clients make informed real estate decisions that align with their strategic goals.

Louis Suarez, CCIM, SIOR

Senior Vice President

+1 952 837 3061 louis.suarez@colliers.com

Louis Suarez joined Colliers in 2003 and is a member of the Colliers Healthcare Services team, specializing in development, sale and leasing services for the Healthcare industry. Louis is a highly respected expert in the healthcare real estate field and directs the Healthcare Services team for Colliers in Minnesota.

Louis is also active in the local community working on community boards and nonprofits. His work was recognized by the Minneapolis-St. Paul Business Journal when he was a recipient of their esteemed “40 under 40” award. Louis is licensed in Minnesota, Wisconsin and Iowa.

Brian Bruggeman, CCIM, SIOR

Senior Vice President

+1 952 837 3079

brian.bruggeman@colliers.com

As a Senior Vice President in the Colliers Healthcare Services team, Brian focuses on assisting healthcare providers with their real estate needs around the Twin Cities and surrounding area.

Brian strives to provide his clients with the extra attention needed to ensure that complex healthcare transactions are seamless, and his client is fully satisfied. His process is highly attentive and detail-oriented.

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