Genger Holdings Buys Kasota Distribution Center (212,000 SF) in Minneapolis

Reported Oct 20, 2026 · Source: Finance & Commerce

Source: Finance & CommerceRead the full report at Finance & Commerce ↗

Deal details

Buyer
Genger Holdings LLC (Bloomington)
Seller
HRE Kasota LLC, an entity affiliated with Hempel Real Estate
Price
$10.83 million in cash
Size
212,000 SF
Price per SF
$51 per SF (our calculation)
Asset class
Industrial
Transaction
Sale
Sub-market
St. Paul
Metro
Minneapolis-St. Paul
Reported date
Oct 20, 2026

Summary

Genger Holdings LLC acquired the Kasota Distribution Center at 2565 Kasota Avenue in St. Paul for $10.83 million in cash. The industrial property totals 212,000 square feet, and the seller was HRE Kasota LLC. Source: Finance & Commerce.

Summarized from the article; the quoted lines below are from the article itself.

Source: Finance & Commerce

Read the full report at Finance & Commerce. What the article says:

  • Deal / Price
    Genger Holdings paid $10.8 million for the Kasota Distribution Center in St. Paul. Bradley Investments paid $6.85 million for a Blaine trucking terminal.
  • Deal
    Bloomington-based Genger Holdings acquired the Kasota Distribution Center in St. Paul for $10.8 million in an all-cash transaction.
  • Size
    The 212,000-square-foot industrial property highlights continued investor interest in strategically located Twin Cities warehouse and logistics assets with regional highway access.
  • Buyer
    Genger Holdings LLC acquired the Kasota Distribution Center for $10.83 million in cash.
  • Seller
    Place: Kasota Distribution Center, 2565 Kasota Avenue, St. Paul Price: $10,831,026; cash Buyer: Genger Holdings LLC, Bloomington Seller: HRE Kasota LLC, Minneapolis Date: 10-15-26 RELATED: On the Market: Industrial properties with central locations Download CRV The trucking terminal at 8600 Rendova St. NE in Blaine includes a 22,120-square-foot cross dock building developed in 1987 on 7.68 acres. (Submitted photo: CBRE) – Blaine trucking terminal sells for $6.85 million The bad fortune that befell one company in 2025 has opened up an opportunity for another A private investment entity in St. Paul has paid $6.85 million for a trucking terminal and outdoor storage space at 8600 Rendova St. NE in Blaine.

Article date: 2026-10-20T20:40:30+00:00

Frequently asked questions

Who bought Kasota Distribution Center?
Genger Holdings LLC bought Kasota Distribution Center in St. Paul, Minneapolis, according to Finance & Commerce.
How much did Kasota Distribution Center sell for?
The reported price is $10.83 million in cash ($51 per SF, our calculation), per Finance & Commerce.
Who sold Kasota Distribution Center?
The seller was HRE Kasota LLC, an entity affiliated, per Finance & Commerce.

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