Vice President

Teig Hutchison

Market Lead - Managing Director

Brent Robertson

Andrea Leon

Jones Lang LaSalle, Inc. ("JLL"), as the exclusive advisor, is pleased to present the opportunity to acquire the historic Berg Bag Building ("the Property") located at 410 N 3rd Avenue Minneapolis, MN 55401, a 4 story building totaling 21,875 SF, located in the highly sought-out North Loop district. The Property is currently 100% vacant. This opportunity presents a chance for investors to acquire a historic asset which is attractive to multiple end-users as it is part of Minneapolis's 2040 Plan in the Transit 30 district. Further, the Property may have significant tax incentives for a new owner who is able to capitalize on the pending bill for the adaptive reuse of underutilized and vacant buildings.

The Offering

Value-add opportunity

Dynamic North Loop District

Diverse opportunities

Amenity-rich location

Berg Bag Building

Washington, D.C.

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label = "Mall"
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label = "Light Distribution"
[[propertySubTypes.options]]
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Sale - Office - Additional Filters

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[[buildingClasses.options]]
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title="Sublease"
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title = "Retail property subtype"
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value = "street-retail"
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[[propertySubTypes.options]]
value = "power-center"
label = "Power Center"
[[propertySubTypes.options]]
value = "mall"
label = "Mall"
[[propertySubTypes.options]]
value = "shopping-center"
label = "Shopping Center"

Rent - Retail - Additional Filters

title="Size"
disclaimer="Approx. 100 SF = 1 desk"
[[metric]]
key = "feet"
tabLabel = "SF"
unitLabel= "SF"
[[metric]]
key = "desks"
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[min.7000]
  feet="7,000"
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[min.10000]
  feet="10,000"
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[min.20000]
  feet="20,000"
  value=20000
[min.30000]
  feet="30,000"
  value=30000
[min.50000]
  feet="50,000"
  value=50000
[min.70000]
  feet="70,000"
  value=70000
[min.100000]
  feet="100,000"
  value=100000
[min.250000]
  feet="250,000"
  value=250000

[max]
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  desks=100
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[max.200]
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[max.300]  
  desks=300
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[max.500]
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  desks=500
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  feet="20,000"
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Default - Office - Surface

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value = "student-housing"
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value = "condo"
label = "Condominium"
[[propertySubMarket.options]]
value = "active-adult"
label = "Active Adult"

Rent - Multifamily - Additional Filters

title="Price"
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metric="per SF"
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Rent - Default - Price

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value="false"
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Sale Additional Filter

Rent Additional Filters

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title="Building Class"
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value="A"
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value="C"
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value="Unclassified"
label="Unclassified"
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title="Sublease"
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value="true"
label="Yes"
[[isSublease.options]]
value="false"
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[[propertySubTypes.options]]
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label = "Flex/R&D"
[[propertySubTypes.options]]
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value = "condo"
label = "Condo"
[[propertySubTypes.options]]
value = "medical"
label = "Medical"
[[propertySubTypes.options]]
value = "creative"
label = "Creative"
[[propertySubTypes.options]]
value = "mixed-use"
label = "Mixed-Use"
[[propertySubTypes.options]]
value = "lab"
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[[propertySubTypes.options]]
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[[propertySubTypes.options]]
value = "education"
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[[propertySubTypes.options]]
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[[propertySubTypes.options]]
value = "freestanding-retail"
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[[propertySubTypes.options]]
value = "showroom"
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[[propertySubTypes.options]]
value = "street-retail"
label = "Street Retail"
[[propertySubTypes.options]]
value = "shopping-center"
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[[propertySubTypes.options]]
value = "clinic"
label = "Clinic"
[[propertySubTypes.options]]
value = "warehouse"
label = "Warehouse & Distribution"
[[propertySubTypes.options]]
value = "special-purpose"
label = "Special Purpose"
[[propertySubTypes.options]]
value = "mall"
label = "Mall"
[[propertySubTypes.options]]
value = "light-distribution"
label = "Light Distribution"
[[propertySubTypes.options]]
value = "student-housing"
label = "Student Housing"
[[propertySubTypes.options]]
value = "conventional"
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Sale - Industrial - Additional Filters

Rent - Office - Additional Filters

Sale - Retail - Additional Filters

Rent - Industrial - Additional Filters

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title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
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value="A"
label="A"
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value="B"
label="B"
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value="C"
label="C"
[[buildingClasses.options]]
value="Unclassified"
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[[isSublease.options]]
value="true"
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value="false"
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[propertySubTypes]
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[[propertySubTypes.options]]
value = "apartment"
label = "Apartments"
[[propertySubTypes.options]]
value = "conventional"
label = "Conventional"
[[propertySubTypes.options]]
value = "student-housing"
label = "Student Housing"
[[propertySubTypes.options]]
value = "condo"
label = "Condominium"
[[propertySubTypes.options]]
value = "active-adult"
label = "Active Adult"

Sale - Multifamily - Additional Filters

[buildingClasses]
title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
[[buildingClasses.options]]
value="A"
label="A"
[[buildingClasses.options]]
value="B"
label="B"
[[buildingClasses.options]]
value="C"
label="C"
[[buildingClasses.options]]
value="Unclassified"
label="Unclassified"
[isSublease]
title="Sublease"
[[isSublease.options]]
value="true"
label="Yes"
[[isSublease.options]]
value="false"
label="No"

Default - Default- Additional Filters

title="Size"
disclaimer=""
[[metric]]
key = "acres"
tabLabel = "acres"
unitLabel= "ac"

[min]
[min.1]  
value=0.1
[min.2]  
value=0.2
[min.3]  
acres=0.25
value=0.25
[min.4]  
acres=0.5
value=0.5
[min.5]
acres=1
value=1
[min.6]  
value=1.5
[min.7]
acres=2
value=2
[min.8]
acres=3
value=3
[min.9]
acres=4
value=4
[min.10]
acres=5
value=5
[min.11]
acres=10
value=10

[max]
[max.1]  
value=0.1
[max.2]  
value=0.2
[max.3]  
acres=0.25
value=0.25
[max.4]  
acres=0.5
value=0.5
[max.5]
acres=1
value=1
[max.6]  
value=1.5
[max.7]
acres=2
value=2
[max.8]
acres=3
value=3
[max.9]
acres=4
value=4
[max.10]
acres=5
value=5
[max.11]
acres=10
value=10

Default - Land - Lot Size

title="Size"
disclaimer=""
[[metric]]
key = "feet"
tabLabel = "SF"
unitLabel= "SF"

[min]
[min.50]  
  feet=50
  value=50
[min.200]
  feet=200
  value=200
[min.500]
  feet=500
  value=500
[min.1000]
  feet="1,000"
  value=1000
[min.2000]
  feet="2,000"
  value=2000
[min.5000]
  feet="5,000"
  value=5000
[min.7000]
  feet="7,000"
  value=7000
[min.10000]
  feet="10,000"
  value=10000
[min.20000]
  feet="20,000"
  value=20000
[min.30000]
  feet="30,000"
  value=30000
[min.50000]
  feet="50,000"
  value=50000
[min.70000]
  feet="70,000"
  value=70000
[min.100000]
  feet="100,000"
  value=100000
[min.250000]
  feet="250,000"
  value=250000

[max]
[max.5]  
  feet=50
  value=50
[max.200]
  feet=200
  value=200
[max.500]
  feet=500
  value=500
[max.1000]
  feet="1,000"
  value=1000
[max.2000]
  feet="2,000"
  value=2000
[max.5000]
  feet="5,000"
  value=5000
[max.7000]
  feet="7,000"
  value=7000
[max.10000]
  feet="10,000"
  value=10000
[max.20000]
  feet="20,000"
  value=20000
[max.30000]
  feet="30,000"
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[max.50000]
  feet="50,000"
  value=50000
[max.70000]
  feet="70,000"
  value=70000
[max.100000]
  feet="100,000"
  value=100000
[max.250000]
  feet="250,000"
  value=250000

Default - Default - Surface

title="Price"
metric="label"
unitLabel=" "
[min]
[min.10000]
  label="$10,000"
  value=10000
[min.25000]
  label="$25,000"
  value=25000
[min.50000]
  label="$50,000"
  value=50000
[min.100000]
  label="$100,000"
  value=100000
[min.150000]
  label="$150,000"
  value=150000
[min.250000]
  label="$250,000"
  value=250000
[min.500000]
  label="$500,000"
  value=500000
[min.1000000]
  label="$1,000,000"
  value=1000000
[min.2500000]
  label="$2,500,000"
  value=2500000
[min.5000000]
  label="$5,000,000"
  value=5000000
[min.10000000]
  label="$10,000,000"
  value=10000000
[min.25000000]
  label="$25,000,000"
  value=25000000
[min.50000000]
  label="$50,000,000"
  value=50000000

[max]
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  label="$10,000"
  value=10000
[max.25000]
  label="$25,000"
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[max.50000]
  label="$50,000"
  value=50000
[max.100000]
  label="$100,000"
  value=100000
[max.150000]
  label="$150,000"
  value=150000
[max.250000]
  label="$250,000"
  value=250000
[max.500000]
  label="$500,000"
  value=500000
[max.1000000]
  label="$1,000,000"
  value=1000000
[max.2500000]
  label="$2,500,000"
  value=2500000
[max.5000000]
  label="$5,000,000"
  value=5000000
[max.10000000]
  label="$10,000,000"
  value=10000000
[max.25000000]
  label="$25,000,000"
  value=25000000
[max.50000000]
  label="$50,000,000"
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Default - Default - Price

Broker Inquiry

DisclaimerJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Your access to and use of this Site is subject to the following&nbsp;<a href="https://www.us.jll.com/en/terms-of-service" target="_blank">Terms of Use</a>.We are committed to keeping the personal information entrusted to us, with the appropriate level of security, and as long as we deem it necessary for any professional or legal reason. We will then delete your data securely and safely. For more information on how JLL processes your personal data, please see our&nbsp;<a href="https://www.us.jll.com/en/privacy-statement" target="_blank">Privacy Statement</a>.

Berg Bag Building

The Offering

Location

Brochure

Brokers