MINNEAPOLIS (March 6, 2013) – United Properties announced today that it will develop two new retail locations for Caribou Coffee in Anoka and Oakdale, Minn. Both freestanding locations will be approximately 1,800 sq. ft. and include a drive-through.

The new Anoka Caribou Coffee will be located at the northwest corner of Ferry Street and Main Street; the new Oakdale Caribou Coffee will be located at the northeast corner of Highway 36 and Century Ave. Construction on both locations will begin in April 2013.

“We’re very excited to be working with Caribou Coffee on these two build-to-suit projects, and we look forward to future projects with them,” said Keith Ulstad, senior vice president of development at United Properties.

Tricia Pitchford, Ned Rukavina and David Daly of Cushman & Wakefield/NorthMarq represented Caribou Coffee in both transactions. Architecture firm Rylaur, LLC has been selected for both developments. Carlson McCain provided environmental consulting for both developments, as well as project engineering services for the Oakdale development. Hakanson Anderson Associates, Inc. provided engineering services for the Anoka development.

Media Contacts
Jessie Folkens

Martha Nevanen

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 enrich 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.



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