Brokerage
Waite Park, MN
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About This Project: Quarry Center, Waite Park, MN
Quarry Center at 314 10th Ave S is a multi tenant professional office building in Waite Park, MN, where Inventure serves as the exclusive leasing representative for ownership. The building sits with direct visibility from 2nd Street, a corridor carrying close to 20,000 vehicles a day, immediately behind St. Cloud Hyundai and across from Menards, BioLife Plaza, and CliftonLarsonAllen. Among the tenancies Inventure secured here is Milestones, one of Central Minnesota’s most established disability services organizations. Leasing office space in a secondary market is not about waiting for the phone to ring. It is about knowing which organizations are outgrowing their space before they do.
Positioning a Building to Win
Older buildings do not lose to newer buildings on age. They lose because nobody makes the case for them. Quarry Center completed a full renovation in 2019 and an LED retrofit that measurably lowers occupancy cost, sits on a 184 stall parking field that most competing product cannot match, and offers monument signage on a corridor with real traffic. Inventure built the leasing strategy around those advantages, paired them with a $30 per square foot tenant improvement allowance and rent concessions for qualified tenants, and went after users who needed the space and the parking more than they needed a new address.
Matching Tenants to the Right Building
The Milestones tenancy is the clearest example of the approach. An organization serving people with disabilities across Central Minnesota needs accessible parking in volume, a straightforward single level entry sequence through a central common area, and proximity to the healthcare corridor its clients and staff already travel. Quarry Center delivers all three, and it does so at a cost basis that lets a nonprofit put its dollars into programming instead of rent. Inventure’s job was to see that fit before either side did and to structure a deal both could commit to long term.
- Exclusive Leasing Representation: Inventure represents ownership on all leasing activity at Quarry Center.
- Milestones Tenancy: Secured a long term lease with a leading Central Minnesota disability services organization.
- High Visibility Corridor: Direct exposure to roughly 20,000 vehicles per day on 2nd Street with monument signage available.
- 184 Parking Stalls: A parking field that outperforms most competing office product in the submarket.
- 2019 Renovation and LED Retrofit: Modernized common areas and reduced operating costs for tenants.
Brokerage That Fills Buildings
Quarry Center is one of many examples of Inventure treating a leasing assignment as a campaign rather than a listing. Anyone can post a vacancy and wait. Filling a building in a secondary market takes knowing every employer, nonprofit, and professional practice in the region, understanding what each one actually needs from a space, and having the conviction to go get them. For owners looking for a leasing partner who works the market instead of the inbox, Inventure brings the relationships, the market knowledge, and the persistence to keep buildings full.
Key Property Features
Commercial Real Estate Services backed by 35+ Years of Experience
(320) 980-2300
info@inventureproperties.com
