Plymouth Ponds - 8 Buildings

JLL is pleased to exclusively offer Plymouth Ponds, an eight-building, 714,861 SF Class A industrial/flex portfolio located in the highly sought-after Plymouth West Micro-Market of the Twin Cities. Built between 1996 and 2001 with an average clear height of 23.3', the portfolio is 93.8% leased to a diversified roster of 24 tenants spanning medical device, life sciences, water treatment, manufacturing, and services/recreation uses.

Positioned directly off Highway 55 with immediate access to I-494 and I-694, Plymouth Ponds sits at the heart of one of the metro's most established infill industrial corridors, where vacancy sits at just 4.6% against zero new supply under construction. With a 3.2-year WALT and 632,237 SF scheduled to roll over the hold period, the portfolio offers investors a rare, near-term mark-to-market opportunity with 20+% embedded upside overall.

Recent capital investment of over $1.37 million since 2024 has kept the assets in strong physical condition, while minimal near-term capex requirements support a clean, actionable business plan. Since 2021, only 12 multi-building parks exceeding 714,000 SF have traded in the Twin Cities, underscoring the scarcity of comparable scale in this supply-constrained market. Plymouth Ponds represents a compelling opportunity to acquire a critical mass of institutional-quality infill industrial real estate with durable in-place cash flow and significant value-creation potential.