Overview
Transwestern Capital Markets & Asset Strategies is pleased to offer 280 Business Center, a 97,358 square-foot multi-tenant industrial asset strategically located at 2475 Doswell Avenue in St. Paul’s established Midway industrial submarket. Anchored by Tesla, Inc., the property offers investors a compelling combination of stable in-place income, strong tenant recognition, and meaningful long-term leasing upside. The asset has benefited from consistent tenant demand driven by its central Twin Cities location, functional industrial design, and ability to accommodate a broad range of users.
Investment Highlights
Institutional-Quality Anchor Tenant
Anchored by Tesla, Inc., providing recognizable credit tenancy and a strong foundation of in-place income.
Infill Location with Replacement-Cost Advantages
Located within St. Paul’s established Midway industrial submarket, where limited developable land, barriers to new construction, and rising replacement costs constrain competing supply and enhance the competitive position of existing functional industrial assets such as 280 Business Center.
Diversified Multi-Tenant Configuration
Flexible suite configurations reduce reliance on a single occupancy profile and provide the ability to respond to evolving tenant demand.
