 |
| Nick Foster |
JLL marketed the properties on behalf of the seller, Transom
Capital Group, a Los-Angeles-based private equity firm that acquired Scantron,
a global leader in comprehensive assessment and technology solutions throughout
the education, certification, government and commercial industries, in 2019.
AIC
Ventures purchased the 113,184-square-foot headquarters building in the
suburban Minneapolis community of Eagan, and MAG Capital Partners bought the
47,184-square-foot office and industrial property in Omaha. Both purchases
include a long-term, triple-net lease with the tenant.
The Eagan building is a mission-critical office, warehouse
and R&D facility that features up to 24-foot clear heights in the
warehouse, four dock-high doors and ample parking.
 |
| Connor Ott |
Situated
on 12.5 acres at 1313 Lone Oak Rd., the property is approximately 15 miles
south of both Minneapolis and St. Paul.
This
strategic, infill location is within the low vacancy Burnsville/Eagan/Apple
Valley submarket and is in a premier corporate suburban node with dense,
affluent demographics.
The Omaha building, which houses the Scantron’s Technology
Solutions business unit is located at 2020 South 156th Circle.
The
space is highly functional with a warehouse component featuring two dock doors
and 20- to 24-foot clear heights on a 3.6-acre parcel.
The
southwest Omaha market is dense with low vacancy across industrial and office
product types.
The property is proximate to Omaha’s largest master-planned development, Heartwood Preserve, a 500-acre mixed-use, urban project.
 |
| Bradley Whiting |
The property is proximate to Omaha’s largest master-planned development, Heartwood Preserve, a 500-acre mixed-use, urban project.
The JLL Capital Markets team representing the seller for the Eagan
building sale was led by Nick Foster, Connor Ott and Bradley Whiting. Foster
also led the Omaha transaction along with Kurt Liss.
“Both of these transactions were launched and closed during
the pandemic, and we were thrilled to work with two great buyers and long-term
partners for the tenant,” Foster said.
“The
market for industrial and office sale-leasebacks has remained strong, comparative
to other product types, while investors across the spectrum of capital sources
search for a combination of both yield and surety of income.”
 |
| Kurt Liss |
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CONTACT:
Kimberly
Steele
JLL Senior Associate
Public Relations
Phone: +1
713 852 3420
Email: Kimberly.Steele@am.jll.com
