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April 16, 2014
Kraus-Anderson selected to build Roseville distribution center for IRET
MINNEAPOLIS, Minn. (April 2014) – Kraus-Anderson Construction Company (KA) has been selected as general contractor to build a 211,322-square-foot warehouse and distribution center project for Investors Real Estate Trust (IRET) in Roseville, Minn. Groundbreaking ceremonies are scheduled for 9:30 a.m., Thursday, April 24 at the site, located at 3075 Long Lake Road.
The project includes the demolition of approximately 200,000 square feet of the existing structure, leaving 17,553 square feet of contiguous space remaining in operation by Hood Packaging, a tenant of IRET. The demolished warehouse will be replaced with a new 203,004-square-foot precast shell warehouse with 31 dock doors and a 32-foot clearance roof. Construction will also include elevating the existing roof for Hood Packaging to a 32-foot clearance without disruption to its existing operations within the facility.
KA is also retrofitting the Hood Packaging facility to accommodate new equipment.
Construction begins at the end of April and is expected to be completed in November 2014.
The architect is Wayzata, Minn.-based Mohagen Hansen Architectural Group. KA’s project manager is Paul Carlsted and IRET’s project manager is Doug Johnson of Oliver Real Estate Services.
IRET Properties is a North Dakota limited partnership headquartered in Minot, N.D. with additional offices in Eden Prairie and St. Cloud, Minn. IRET is a publicly held real estate investment trust which owns and manages over 10 million square feet of commercial real estate and 10,725 apartments.
Established in 1897, Kraus-Anderson® Construction Company (www.www.krausanderson.com) is one of the nation’s premier commercial general contractors and construction managers. Kraus-Anderson, an Affirmative Action, Equal Employment Opportunity Employer, is headquartered in Minneapolis, Minn. and has regional offices in Madison, Wis., Minot, N.D., and Duluth, Bemidji and Rochester Minn.