MINNEAPOLIS (June 10, 2020) – United Properties is pleased to announce that Simpson Strong-Tie has signed a lease for all 80,000 sq. ft of Building 1 at InverPoint Business Park, located at 8450 Courthouse Blvd. in Inver Grove Heights. Simpson Strong-Tie creates structural products for the construction of safe, strong homes and buildings.
The groundbreaking for the build-to-suit project took place in late May, with completion expected in November. Building 1 is the first phase of InverPoint Business Park, which spans approximately 45 acres and will accommodate 460,000 sq. ft. when fully developed.
Simpson Strong-Tie is headquartered in Pleasanton, California, and currently has warehouse, manufacturing and training space in Eagan. All Eagan employees will move to the new space at InverPoint, which will feature office, manufacturing and warehouse space. The move will be an expansion of the existing office.
“We’re thrilled to welcome Simpson Strong-Tie to InverPoint Business Park,” said Connor McCarthy, development manager, United Properties. “The new development provides an ideal location for their expansion, offering excellent visibility and proximity to their current location. It has been great to build a relationship with Simpson Strong-Tie, as we have learned a lot about their business through the development process. We look forward to the continued relationship and for continued success at InverPoint Business Park.”
Bryan Van Hoof with CBRE represented Simpson Strong-Tie in the transaction. R.J. Ryan Construction is the builder on the project, and Pope Architects is the architect.
About Simpson Strong-Tie Company Inc.
For more than 60 years, Simpson Strong-Tie has dedicated itself to creating structural solutions and technology to help people design and build safer, stronger homes and buildings. Considered an industry leader in structural systems research, testing and innovation, Simpson Strong-Tie works closely with construction professionals to provide code-listed, field-tested products and value-engineered solutions. Our engineered products and solutions are recognized for helping structures resist high winds, hurricanes and seismic forces. They include structural connectors, fasteners, fastening systems, lateral-force-resisting systems, anchors, software solutions, and product solutions for repairing, protecting and strengthening concrete. From product development and testing to training and engineering and field support, Simpson Strong-Tie is highly committed to our customers’ success. For more information, visit strongtie.com and follow us on Facebook, Twitter, YouTube and LinkedIn.
About United Properties
United Properties has been creating deep roots in the commercial real estate industry for more than 100 years. The company imagines new possibilities in real estate to help strengthen communities and create lasting legacies. United Properties provides market expertise for ground-up development, redevelopment and acquisitions of value-add and stable investments. The company invests in and develops office, industrial, retail, mixed-use and senior housing properties. United Properties is owned by the Pohlad Companies and is headquartered in Minneapolis, with offices in Denver and Austin, Texas. For more information, visit www.uproperties.com or follow on Twitter at @UPDeepRoots.