Minneapolis-St. Paul Industrial Warehouse Available for Sale with Hilco Global

NORTHBROOK, Ill., Sept. 30, 2025 /PRNewswire/ -- Hilco Global's real estate group announces November 14, 2025, as the qualified offer deadline for the sale of an ideally positioned industrial warehouse space located at 543 W James Ave in St. Paul, Minnesota.

Formerly utilized as a vertical grow operation, this 78,857± SF facility offers potential for a wide range of industrial and warehouse uses. Built in 1982 and renovated in 2022, notable property attributes include 20,000± SF of dedicated refrigeration space, 22-foot clear heights, specialized vertical grow racking and equipment that can be included in the sale as well as two dock-high doors and two drive-indoors with potential to build nine additional doors. Complementing its industrial capabilities are office spaces, a conference room and a large employee breakroom with a kitchen, delivering a full suite of on-site amenities.

Uniquely positioned with convenient access to downtown St. Paul, downtown Minneapolis, I-35 and the Minneapolis–St. Paul International Airport, the site's location boasts not just flexibility, but competitive advantage. Surrounded by a diverse mix of residential, industrial, commercial and retail districts, this location offers immediate access to the region's labor pool and key city amenities. Flexible T3 zoning further enhances its appeal, supporting a wide range of uses and making it ideal for owner-users or developers seeking industrial versatility and strategic logistical connectivity.

The strength of the Minneapolis-St. Paul industrial market reinforces this opportunity. As of Q2 2025, overall vacancy in the metro remains low, at about 5.0%. Asking rents are rising steadily with a notable 5% year-over-year increase. Supply continues to be disciplined, as most new industrial projects are build-to-suit or tenant-backed, while speculative development has been modest relative to market demand, underscoring the region's appeal to industrial tenants and investors alike.

Chet Evans, vice president with Hilco Global, stated "This sale presents a tremendous opportunity for industrial users and investors to obtain substantial and highly sought-after warehouse-type square footage in a very attractive St. Paul marketplace. The facility is well-maintained and the ability to utilize the refrigerated space component makes for enhanced optimization and flexible utilization."

The sale is being conducted subject to the Terms of Sale, available for review and download from Hilco Global's website. On-site inspections will be held on October 9, 16 and 30, by appointment only. The sale with Hilco Global is in cooperation with Aaron Goldstein - Gold Group Realty, MN Broker, Lic. #40605893.

Interested bidders should review the terms of sale for requirements to participate in the sale process available on Hilco's website. For further information, please contact Chet Evans at (847) 418-2702 or [email protected] and Henry Nash at (847) 313-4796 or [email protected]. 

For further information on the property, sale process and terms or to obtain access to due diligence documents, please visit the Hilco Global website or call (847) 418-2702.

About Hilco Global
Hilco Global, a subsidiary of ORIX Corporation USA, is a diversified financial services company that delivers integrated professional services and capital solutions that help clients maximize value and drive performance across the retail, commercial and industrial, real estate, manufacturing, brand and intellectual property sectors, and more. Hilco Global provides a range of customized solutions to healthy, stressed, and distressed companies to resolve complex situations and enhance long-term enterprise value. Hilco Global works to deliver the best possible result by aligning interests with clients and providing strategic advice and, in many instances, the capital required to complete the deal. Hilco Global is based in Northbrook, Illinois and has more than 810 professionals operating on four continents. Visit www.hilcoglobal.com. 

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SOURCE Hilco Global