Business & Tech

Inver Grove Heights Warehouse Sold For $10M

This building is the first of five projects being developed by United Properties in InverPoint Business Park.

INVER GROVE HEIGHTS, MN— An industrial warehouse in Inver Grove Heights was bought by Stag Industrial Inc. for $10.1 million in late February, the Minneapolis and St. Paul Business Journal reported.

This warehouse is known as InverPoint Business I, and is the first of five projects being developed by United Properties in InverPoint Business Park, the Minneapolis and St. Paul Business Journal reported.

The Class-A facility has 7,200 square feet of office space and was originally owned by United Properties, the Minneapolis and St. Paul Business Journal reported.

Find out what's happening in Inver Grove Heightsfor free with the latest updates from Patch.

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

More from Inver Grove Heights