MINNEAPOLIS (March 27, 2013) – United Properties announces that Blue Plate Restaurant Company has signed a lease at its Loose-Wiles building at 701 Washington Ave. N. in Minneapolis’ North Loop neighborhood. The 9,000-sq.-ft. restaurant will be called Loose-Wiles Freehouse and open September 2013.
This location for Blue Plate Restaurant Company – its eighth restaurant in the Twin Cities – will occupy the first-floor annex of the former biscuit bakery. Loose-Wiles Freehouse will serve breakfast, lunch and dinner and feature an on-site brewery. With its first floor location, the restaurant will incorporate the brewhouse into the design and also feature outdoor dining.
“This location has a hip, urban appeal with a perfect mix of downtown professionals and artists alike,” said Stephanie Shimp, partner, Blue Plate Restaurant Company. “The North Loop is becoming ‘restaurant-row’ for foodies.”
Jim Montez and Sonja Dusil, Cushman & Wakefield/NorthMarq, represented building owner United Properties. Blue Plate Restaurant Company was represented by Jeff Herman, Urban Anthology, Inc.
Once a commercial bakery and home of the Loose-Wiles Biscuit Company (later Sunshine Biscuits), the 120,000-sq.-ft. building is listed on the National Register of Historic Places.
United Properties purchased the historic building in July 2012 and is renaming it Loose-Wiles. Currently, the building has 80,000 sq. ft. available for lease.
About United Properties
United Properties, based in Minneapolis, Minn., specializes in commercial real estate development and investment. Since 1975, United Properties has provided development services for the retail, residential, office, medical and industrial sectors. In addition to a large presence in the Minneapolis-St. Paul market, United Properties’ Colorado division develops retail, office and industrial buildings. Formed in 1916, the United Properties investments group acquires, manages, finances and disposes of the company’s real estate investments, which includes nearly 60 office, medical, industrial and retail assets in Minnesota, Wisconsin and Colorado. For more information, visit www.uproperties.com.
About Blue Plate Restaurant Company
In 1993, founding partners David Burley and Stephanie Shimp opened their first neighborhood restaurant. Since then, Blue Plate Restaurant Company has opened a total of seven locations: Highland Grill, Edina Grill, Longfellow Grill, Groveland Tap, 3 Squares, Scusi and The Lowry. More at blueplaterestaurantco.com.