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Industrial Market Spikes | Twin Cities Business

Developers are building warehouse and manufacturing facilities in the Twin Cities as fast as they can.

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Cherne Expands Line of Robotically Manufactured I-Series Test Plugs to Include Larger Sizes

/PRNewswire/ -- Cherne Industries, part of the Oatey Co. family of companies, today announced the addition of larger test plug sizes within its I-Series line...

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Cherne Expands Line of Robotically Manufactured I-Series Test Plugs to Include Larger Sizes

/PRNewswire/ -- Cherne Industries, part of the Oatey Co. family of companies, today announced the addition of larger test plug sizes within its I-Series line...

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Press Release - MINING.COM

Press Release - MINING.COM
mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.

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Cherne Industries Unveils New Website with Robust Content and Navigation Features

Cherne Industries Unveils New Website with Robust Content and Navigation Features
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Cherne relocates headquarters and manufacturing to state-of-the-art, 130,000-square-foot production facility in Shakopee, Minnesota

Cherne relocates headquarters and manufacturing to state-of-the-art, 130,000-square-foot production facility in Shakopee, Minnesota
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.

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Cherne relocates headquarters and manufacturing to state-of-the-art, 130,000-square-foot production facility in Shakopee, Minnesota

Cherne relocates headquarters and manufacturing to state-of-the-art, 130,000-square-foot production facility in Shakopee, Minnesota
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Cherne relocates headquarters and manufacturing to state-of-the-art, 130,000-square-foot production facility in Shakopee, Minnesota

Cherne relocates headquarters and manufacturing to state-of-the-art, 130,000-square-foot production facility in Shakopee, Minnesota
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Keep an eye out for these Shakopee developments in 2021

Anyone who has lived in Shakopee knows their city is growing by the day. And even though 2020 was the year of exceptions, this year, many major developments are still pressing on with plans to build in Shakopee. Here are some developments to keep an eye out for in 2021.
Canterbury Commons
The Canterbury Commons development will continue to get bigger and busier in 2021 with the addition of new headquarter space for Greystone Construction.
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Greystone, a construction company based in Shakopee since 1987, will move its current headquarters off Marschall Road to a planned 26,000-square-foot office building, which was expected to break ground this fall.

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E-commerce Creates Hot Market for Industrial Properties

Despite the pandemic, e-commerce growth is fueling the demand for warehouse spaces in the Twin Cities metro.
For just about everyone in commercial real estate, the Covid-19 pandemic has brought economic challenges. Many offices are sparsely occupied, and the leasing outlook is uncertain. Many retail tenants are going bankrupt or closing stores. Hotels have seen the worst year that anyone can remember, because travel in the United States has dropped so much.
But there is one bright shining star: industrial property. Demand just keeps growing. The pandemic has meant that people everywhere are increasingly shopping online and turning to e-commerce. That’s good news for industrial properties because e-commerce retailers need space to store all of the stuff they’re selling. Industrial is the rare commercial real estate market that can still support spec (short for “speculative”) development, in which a developer starts building a project with no signed leases in hand.

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