CBRE Announces Groundbreaking of 442,000-Square-Foot Rogers 101 Business Park in Rogers, Minnesota

CBRE announced that construction is underway on Rogers 101 Business Park, a 442,000-square-foot, two-building speculative industrial development in Rogers. The property is being developed in a joint venture partnership between West Development, CP Development, and affiliates of Paceline Equity Partners, LLC ("Paceline"), a Dallas-based private equity manager.

CBRE’s Dan Swartz and Austin Lovin are leading leasing efforts on behalf of the landlord, Rogers 101 Holding Company LLC, and previously arranged the sale of the 33-acre site.

“The industrial market continues to show good demand with limited vacancies,” said Swartz. “As a result, well-positioned land sites are being put into production. This site offers visibility to Highway 101 and easy access to I-94 within a modern industrial facility.

Rogers 101 Business Park will feature two modern distribution buildings with several amenities designed to accommodate a variety of industrial users, including build-to-suit office space, 32-foot clear heights, trailer parking and modern logistics capabilities. The property is located at 147XX Northdale Blvd. within the Northwest Twin Cities industrial submarket, proximate to Highway 101 and Interstate 94, providing strategic access to the greater Minneapolis-Saint Paul metropolitan area.

“We’re very excited to be bringing this project to the vibrant northwest industrial market, where strong velocity and limited new construction over the past few years have positioned us well to meet current demand,” said Tom Noble & Craig Patterson, Principals, CP West. “We are also excited about our joint venture partnership with Paceline and look forward to working with all involved for a successful project.”

Completion is anticipated by the end of 2026, with an additional 13 acres at the site available for future development.