The year 1908 began the journey for global recognition and celebration of the social, economic, cultural and political achievements of women. The first International Women’s Day (IWD) was celebrated in 1913 when the women of Russia campaigned for peace on the eve of World War I. Today, it is often recognized by local activities, rallies, conferences, gifts, and the colors purple and green–symbolizing justice, dignity, and hope.
IWD also falls within Women in Construction (WIC) Week! This time is set aside, each year, to continue to raise awareness of the increased role and opportunities for women in the construction industry. We are proud of and thankful for the women at Gaughan and the hard work that they do!
Every year, Gaughan Companies hosts an annual team building event for all of its employees. This year, we took a day during the week to go to Big Thrill Factory in Oakdale with the whole company.
After an address from the company president, Patrick Gaughan, the attendees ate lunch and gathered into smaller groups in order to connect one-on-one with their coworkers. Our staff is growing, and with many of them at locations throughout the Twin Cities, it is important for us to take the time for these team building activities.
We participated in activities like go karts, laser tag, a ropes course, indoor zip line, and other events, like the Gaughan Jeopardy game. The atmosphere was filled with good spirits and friendly competition!
We appreciate our employees and all that they do for our company and our community. We are blessed to have a wonderful group to work with!
Congratulations to iLash Beauty Bar on opening their Forest Lake location! Owner Jacqueline Loerzel leased her new space in December with the help of our VP of Commercial Accounts, Lucas Gaughan, and she is now open for business in the Town Square Building.
The iLash Beauty Bar is a peaceful and relaxing boutique. Gaughan Construction was grateful for the opportunity to remodel the new space. Jacqueline has been in the industry for 11 years and enjoys getting to know her clients and their families. She has even provided a dedicated area for children to play in while they wait. Jacqueline has many clients who drive up from the Twin Cities, so this location was a perfect option.
You can visit Jacqueline at iLash Beauty Bar at their new location: 20 N Lake St, Suite 320, Forest Lake, MN 55025
If your business is expanding or needs a remodel, call us at 651-464-5700!
Even with contracted snow removal service, we still experience freeze/thaw cycles that can wreak havoc on our sidewalks and driveways. But there are steps you can take to avoid a fall.
1) Walk slowly and carefully.
2) Ever heard of the Minnesota shuffle? Take small steps.
3) Keep both hands free to allow for better balance or use of handrails.
4) Step out of vehicles, don’t jump.
5) Walk as flat-footed as possible.
6) Wear appropriate footwear for conditions.
If you do fall, you may be able to reduce any injury by;
1) Rolling with the fall. Relax as much as possible.
2) Don’t protect what you’re carrying! Protect yourself and toss anything if you need to break your fall.
Gaughan Companies was recently selected to list 495 acres of land in Prior Lake, Minnesota. This historic property has been owned by the same family since before the Civil War. Zoned for residential, commercial, mixed use, and located only 20 minutes from Minneapolis, this land is in the optimal location for development. We are honored to be entrusted with this monumental listing and look forward to bringing phenomenal new development to Prior Lake!
For more information visit http://bit.ly/2AcKgUF
Dave Galleberg, Commercial Brokerage Associate at Gaughan Companies, was elected as a board member of the MetroNorth Chamber of Commerce on December 7, 2017 at the Merry & Bright Winter Gala. Dave and the Gaughan Companies are grateful to serve on the board and help the local business community on the north side of the Twin Cities metro area.
Several members from our development and brokerage team attended this year’s MNCAR EXPO hosted by the MN Commercial Association of Real Estate at the Minneapolis Depot.
Our team shared with attendees the projects that Gaughan Construction and Development are working on. They also learned about the ventures of the 70 other exhibitors and broker members. Our team is always looking for ways in which they can better serve clients.
Our VP of Commercial Accounts, Lucas Gaughan, was recently published in the Heartland Real Estate Business magazine. He commented on the retail market in Minneapolis and the growth that the Twin Cities has seen in the last few years. Check out the article for more!
Lucas Gaughan is a leading Commercial Real Estate Broker for Gaughan Companies. He is responsible for the sales and leasing of commercial office, retail, and industrial properties, as well as new business development. His clients appreciate his honest approach that consistently provides for a smooth buying, selling, and leasing process. To contact Lucas via email, phone or LinkedIn, click here.
We would like to extend our congratulations and a warm welcome to Compass Early Learning, our newest tenant! Their grand opening was held on Tuesday, October 3, and was a great success!
Located in Coon Rapids, this is the first location for the early childhood education center. They are currently enrolling children from infants to preK. Each room at the center has a focus on a different subject, including Music and Movement, S.T.E.M. (Science, Technology, Engineering, and Math), Art and Dramatic Play. The children will rotate to different rooms for experience with each subject and will have a homeroom to come back to. By doing this, they will have a sense of routine and will be able to develop social skills and friendships with the others in their homeroom.
The owners, Amy Steiner and Ginger Olson, both have backgrounds in early childhood learning and are passionate about providing a stable and well-rounded learning environment for children. Both owners grew up in Coon Rapids, so this location is dear to their hearts. Amy said, “It felt like coming home.”
To learn more about Compass Early Learning, visit their website at www.compassearlylearningmn.com.
Gaughan Companies had a great relationship with Bayer Medical and Boston Scientific. We are grateful that commercial real estate development is on the rise, and we’re excited to bring new product to the market.
Gaughan Sells Coon Rapids R&D Building for $3.8M
9055 Evergreen Blvd., Coon Rapids
Description: 50,528-square-foot Class B flex research and development building, built in 1987 on 4.5 acres at 9055 Evergreen Blvd., Coon Rapids
Buyer: Conforti Holdings LLC, Coon Rapids
Seller: 9055 Building LLP, an entity of Gaughan Cos., Forest Lake
Purchase price: $3.885 million, with a $1.81 million down payment and new financing
Price per square foot: $76.89
The transaction: Forest Lake-based Gaughan Cos. has sold a Coon Rapids investment property it has held for two decades for $3.89 million to a new owner-user.
Conforti Holdings LLC closed July 20 on the purchase of the 50,528-square-foot Class B flex research and development building at 9055 Evergreen Blvd. The seller was 9055 Building LLP, the same Gaughan entity that bought the building for $1.5 million in 1995. The current price works out to $76.89 per square foot. Dan Hebert of Gaughan represented the company in the sale. Hebert wasn’t available this week, but company officials confirmed the sale. They noted the building was occupied over the years by Possis Medical, Bayer Medical and Boston Scientific. They declined to identify the buyer, but confirmed it is an owner-user.
Gaughan officials say they are liquidating some of the company’s older assets to generate cash for new development projects.
In July, Gaughan closed on the $1.2 million purchase of two properties at 304-308 Snelling Ave. N. in St. Paul, where it plans to build Liffey on Snelling, a 60-unit luxury apartment building.
Eric Batiza, vice president in the Minneapolis office of Colliers International, represented the buyer of the Coon Rapids building. He identified the new owner only as a Twin Cities company in need of a larger space. He declined to comment further.
Last sale: Seller paid $1.5 million in 1995
Property ID: 36-31-24-24-0014
(From Finance and Commerce)