NEWS

Paper products manufacturer to expand in Cottage Grove

Finance & Commerce - July 12, 2021 - Brian Johnson
Burgeoning demand for corrugated paper products is the impetus for a manufacturing expansion project in Cottage Grove. North Star Sheets, a provider of materials used in the packaging of goods, says it plans to add 35,600 square feet of space to its 168,000-square-foot manufacturing facility at the Southeast Industrial Park in Cottage Grove. North Star also intends to add 4.5 acres of land to its industrial park footprint and use the space for another rail spur, according to Colliers Minneapolis-St. Paul, which is marketing the industrial park. The industrial park is off Highway 61 at 7550 91st St. S. Just south of Hemingway Avenue and west of 91st Street, the North Star Sheets site includes interior rail car storage, a rail spur, truck docking and expansion space just west of the existing building.

 Opus to Build 35,600 SF Industrial Expansion for North Star Sheets Near St. Paul 

RE Business Online - July 9, 2021 - Kristin Hiller
The Opus Group will build a 35,600-square-foot expansion for North Star Sheets at Southeast Industrial Park in Cottage Grove, about 10 miles south of St. Paul. North Star Sheets, a producer of corrugated paper products for manufacturing needs, currently occupies a 168,000-square-foot building on 16 acres. The company will use the expansion to increase capacity and add another rail spur to enhance its rail service infrastructure. Opus will serve as developer, design-builder, architect and structural engineer. Hillcrest Development LLLP owns Southeast Industrial Park. Eric Rossbach and Andy Heieie of Colliers International are the leasing agents for the property.

 Twin Cities Industrial Real Estate Sector Is On The Rise 

Star Tribune - May 26, 2018 - Nicole Norfleet

Growth of e-commerce, manufacturing is turning the ugly duckling of commercial real estate into its strongest, most profitable sector. Scott Tankenoff of Hillcrest Development doesn’t usually just buy land — at least not without a building on it. But when he was approached about an undeveloped, 39-acre property in Cottage Grove zoned for industrial use, he took a chance and, last month, started building an industrial park. Tankenoff’s leap shows just how far the strong economy has taken the Twin Cities industrial real estate scene. It’s attracting not just developers, but end customers and investors from far away. And across the country, the business long thought of as the ugly duckling of commercial real estate, is now “the strongest and most profitable sector,” an industry trade group said recently.

Cottage Grove Development Lands Cardboard Manufacturer

Finance & Commerce - Apr 5, 2018 - William Morris
Cardboard manufacturer North Star Sheets didn’t dawdle when it decided to open its first Minnesota facility. In fact, North Star, which is owned by Indianapolis-based Schwarz Partners, needed to be up and running in 12 months or less, said Opus Development Co. Senior Director Phil Cattanach on Thursday. Schwarz did not return a call seeking comment for this article. Fortunately, Opus and Hillcrest Development had just the spot: 16 shovel-ready acres just off of Highway 61 in Cottage Grove. The partners began construction Tuesday on the 161,000-square-foot warehouse building and expect to complete it in September, just nine months after North Star’s initial request.

Opus, Hillcrest Kick Off Cottage Grove Business Park With Cardboard Plant

Minneapolis | St. Paul Business Journal - Apr 3, 2018 - Nick Halter

Developers are kicking off the first phase of a Cottage Grove business park with a 161,000-square-foot building for cardboard maker North Star Sheets. Minneapolis-based Hillcrest Development owns 40 acres of land just south of Highway 61 and near Hamlet Park. It’s partnering with Minnetonka-based The Opus Group to develop what they’re calling the Southeast Industrial Park. The first phase for North Star Sheets takes up 16 acres. Opus designed the building and is serving as general contractor.

In Cottage Grove, Industrial Projects Pick Up Steam

Finance & Commerce - Apr 21, 2015 - Adam Voge

The big industrial projects just keep coming in Cottage Grove. Fresh off news that Renewal by Andersen would add a $38 million, 125,000-square-foot building in the city, a local company and two active developers are each planning new industrial projects nearby. Minneapolis-based Hillcrest Development and the Minnetonka-based Opus Group on Tuesday announced plans for the 40-acre Southeast Industrial Park, a multi-phased industrial project on the northwest corner of Hemingway Avenue South and 91st Street South. The park could include between 425,000 and 550,000 new square feet of projects, split between two to four buildings.