Client Success!
Crane Worldwide Logistics/Magno International
Relocation/Expansion
The situation:
- Crane Worldwide, a leading international logistics company, based in Texas with key functions in Minneapolis was expanding rapidly. Magno, a Crane subsidiary, occupied 130,000 square feet in north Minneapolis and Crane required an additional 50,000 square feet closer to the airport.
- Crane has been a client of GPP for over 15 years. With this history GPP was able to quickly understand Crane’s unique requirements.
The Approach:
- GPP and Crane toured 5 distribution centers within the airports industrial park. Crane needed space in 45 days and with input from GPP on the various landlord and management structures for each building along with key market information Crane was able to focus in on one building.
The Solution:
- With over 20 years of experience in the airport market being part of the development team that constructed the selected building put GPP in a unique position to provide in-depth knowledge of the deal.
- GPP worked to relocate a temporary tenant within the selected building and at the same time pursue building permits to constructions of tenant improvements.
The Result:
- GPP provided Crane in-depth knowledge of the market resulting in an expanded presence at the airport – all within 45 days.
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