Arch Street Capital Advisors LLC has acquired the Oakdale, Minnesota-based headquarters of Total Logistics, a third-party logistics and supply management company. The deal is part of Arch Street’s $300 million joint venture with Brennan Investment Group.
GREENWICH, Conn., Nov. 1, 2017 /PRNewswire/ — Arch Street Capital Advisors, LLC, a real estate investment advisory firm, announced the completion of the purchase and leaseback of Total Logistics’ Headquarters, an 86,460 square foot facility located in Oakdale, MN, a suburb of Minneapolis. Total Logistics is a third-party logistics and supply management company and its core services include dedicated fleets, third-party logistics, and warehousing services for end-to-end logistics management. The acquisition is part of a $300 million joint venture between an institutional client of Arch Street’s and Brennan Investment Group focused on acquiring and aggregating single-tenant, long-term, net-leased, mission critical industrial assets.
“We continue to look to acquire high-quality, single-tenant, net-lease assets on behalf of our institutional clients.” said Gautam Mashettiwar, Vice President of Arch Street Capital Advisors. “We look forward to continuing our long standing relationship with the Brennan Investment Group.”
Arch Street continues to seek yield generating opportunities with a transaction size in excess of $40 million across various sector types including, but not limited to:
Office, Industrial, Retail and Data Centers, with single tenants and lease terms in excess of 7+ years
Medical Office Buildings, Multifamily, Student Housing, Senior Housing and Manufactured Housing
Select Service Hospitality
About Arch Street Capital:
Arch Street Capital Advisors, L.L.C. is a full service real estate investment advisory firm. Arch Street specializes in assisting investors with their U.S. real estate strategies including acquisition and joint venture advisory, financing advisory, and asset management and disposition services. Since 2003, Arch Street has advised clients on more than $6.0 billion of acquisitions, dispositions and financings. Arch Street manages, on behalf of its clients, a diverse portfolio of investments in the industrial, office, multi-family, single-family, hospitality, retail, health care, student housing, land entitlement and development sectors of the U.S. real estate market. For more information visit: www.archstreetcapital.com