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News Release

United Properties Named General Contractor for Mendota Heights Industrial Condo Project

MINNEAPOLIS (Jan. 26, 2004) — KAS Investment Co., Rochester, has selected United Properties as general contractor for its 38,400 square foot industrial condo building in Mendota Heights.

Scheduled for completion in April, the Mendota Heights Industrial Condo will be located at Pilot Knob Road and Enterprise Drive — a convenient location for access to Minneapolis-St. Paul International Airport, Interstates 35E and 494 and Highways 55 and 13. United Properties will construct the office/showroom facility, which will feature 18-foot clear height ceilings, one dock per bay and 40-foot by 40-foot column spacing.

Architectural Concept Glass, owned by KAS, will occupy about 10,000 square feet. Up to five other buyers will share ownership in the property for which they will pay association dues pro-rated based on their square footage.

United Properties Construction Services specializes in managing new and remodel construction, tenant improvements, and interior build-outs for retail, office, medical and industrial properties. In addition to KAS, clients include Marquette Financial, SGI, Cray Research, Blue Cross Blue Shield and Wilson’s Leather.

United Properties Construction Services is a division of United Properties, a full-service commercial real estate company with more than 400 employees and 26.5 million square feet of office, industrial, retail and multi-family properties under management. The company specializes in diverse real estate services, including brokerage, property management, corporate real estate services, facility services, development services and investment services. Based in the Twin Cities, United Properties serves other markets through its affiliations with ONCOR International, an organization of commercial real estate companies serving more than 200 markets throughout the world, and Chainlinks Professional Resource Network, the largest retail-only full-service real estate provider in North America. United Properties is located on the Web at www.uproperties.com.

 
Media Contacts
Martha Nevanen
Vice President, Marketing Communications
952-893-7539
mnevanen@uproperties.com

Jessie Folkens
Sr. Communications Consultant
952-837-8516
jfolkens@uproperties.com  

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