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MLG Capital Purchases 265K SF Lakes Distribution Center in Lino Lakes for $23M

MLG Capital acquires the 265,516-square-foot Lakes Distribution Center in Lino Lakes for $23 million.

By Colin Percy · May 26, 2026

MLG Capital has completed the acquisition of the Lakes Distribution Center, a 265,516-square-foot industrial facility located in Lino Lakes. The property was purchased from Biynah Industrial Properties for a total of $23 million.

Companies mentioned

owner

MLG Capital

developer

Biynah Industrial Properties

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