Q2 Industrial leasing and buying booms in Shakopee

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Shakopee experienced significant industrial leasing and buying activity during the second quarter of 2015. Big names like Amazon, Polaris and AmerisourceBergen will soon all be moving to the Southwest metro.

Amazon confirmed rumors of their move by leasing a 60-acre site to begin construction on a 820,000-square-foot fulfillment center. Amazon also leased out an existing 162,000-square-foot building for a package sorting facility nearby the center.

Just down the road, Polaris signed an 870,000-square-foot lease at a former Kmart distribution center. AmerisourceBergen also announced their move by signing a 216,000-square-foot build-to-suit building lease within Valley Park Business Center. Research shows that there has been at least 1,036,000 s.f. of build-to-suit projects announced in Shakopee alone in 2015’s second quarter.

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