Industrial Realty Group, LLC (IRG) has acquired a 422,727-square-foot industrial distribution facility located at 411 Farwell Avenue in South St. Paul, Minnesota, for $21 million. The property was formerly the headquarters of The Sportsman’s Guide, an online and catalog retailer.
Situated on 19 acres in an established industrial corridor, the site is configured for cross-dock distribution operations and includes approximately 392,727 square feet of warehouse space and 30,000 square feet of office space. The property offers cross-dock loading on three sides, 36 dock-high doors, two drive-in doors, a 110-foot truck court, 22-foot clear height and substantial employee parking.
JLL’s Chris Hickok, CCIM, Dan Larew, CCIM SIOR, and Jack Nei are overseeing leasing for the property. Located approximately two minutes from Interstate 494, the property provides access to the broader Minneapolis-St. Paul interstate network and is close to both downtown St. Paul and Minneapolis-St. Paul International Airport.
