Waterford Office Park is a 471,286 SF Class-A two-building office park situated in Plymouth, at the core of the Minneapolis wealth corridor. This campus’s growth surpasses the overall market rate, attributed to its excellent school systems and high quality of life. With a strong tenant base, quality amenities, and close proximity to key decision-makers, the Property is recognized as one of the Twin Cities’ prominent office destinations.

The Waterford Office Park retains an occupancy rate of 67% across its 28 tenants, 43% of whom are publicly traded companies. With our investment in capital improvements, we believe occupancy can be increased to 85% over the course of 2 years.

Location: Plymouth, MN
Purchase Price: $23,500,000 (August 2024)
Total Equity: $16,100,000
Initial Annual Yield: 9%