Inman

CUE gets building, plus acreage

CUE Properties, a local Minneapolis investor, has purchased a 479,845-square-foot building with acreage at 3501 Marshall Street in Minneapolis.

 

The seller was C&S Wholesale Grocers, is a privately owned company with annual sales approaching $13 billion. C&S was founded in 1918 and today provides distribution services to grocery chains and independent stores from distribution centers in Vermont, Maine, Massachusetts, Connecticut, Rhode Island, New York, New Jersey, Maryland, Ohio, Pennsylvania, California and Hawaii. C&S is the 8th largest privately held company in the nation, as ranked by Forbes magazine.

 

Binswanger/CBB represented the seller in the transaction. Binswanger/CBB is headquartered in Philadelphia, Pa. and has 160 offices in the United States, Canada, Mexico and South America, the U.K. and Europe, the Middle East, Asia and Australia.

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