Hempel is pleased to announce the construction of a new Edina Realty building in the Cobblestone Lake retail development in Apple Valley. Located on the corner of 155th Street and Pilot Knob Road, the building is situated in a high-traffic location anchored by a Super Target. Edina Realty will relocate their Lakeville office and bring 70 agents to Cobblestone Lake.

“We couldn’t be happier to work with a highly-respected organization like Edina Realty. We are eager for the completion of this new space as it will be another great business to Cobblestone and the Apple Valley market,” mentioned Executive Vice President Brent Jacobson. In addition to his sentiments regarding the construction, Brent was quick to point out that Cobblestone is already a highly sought after asset and the addition of Edina Realty will only increase the area’s value.

The new building is approximately 9,000-square-feet, featuring design and finishes that compliment the existing buildings at Cobblestone. Hempel Vice President Ben Krsnak raved about the new construction; “not only are we ahead of schedule, but Edina Realty is a fantastic business to work with. We are very pleased to be working with Edina Realty and we look forward to continuing to work with them in the future.”

Construction is scheduled to be completed in January 2015.

About Hempel Companies:

Hempel Companies is a Minneapolis/St. Paul based developer of retail, office, multi-family and industrial properties nationwide. They are recognized for their responsive and proactive approach to development partnerships which result in timely and innovative real estate solutions.

Contact Brent Jacobson or Ben Krsnak. 612-355-2600.