News Release: New Medical Office Building Announced at Hwy. 610 and Zane Ave. Business Park in Brooklyn Park

Ryan Companies - 610 Zane Medical Office BuildingRyan Companies US, Inc. is developing a new, Class A, 40,000-square-foot, multi-tenant medical office building in Brooklyn Park, MN

Minneapolis, Minnesota (June 14, 2016) —Ryan Companies US, Inc. unveiled plans to develop, build and manage a new 40,000-square-foot medical office building (MOB) located within the 610 Zane Business Park in Brooklyn Park. The new multi-tenant, two-story MOB will expand access to healthcare for the community of Brooklyn Park and help provide a superior patient experience. Construction is scheduled to begin in early Fall 2016 and be completed in Spring 2017.

PrairieCare, LLC, a leading provider of specialized psychiatric services for all ages, will occupy the full second floor of the building and serve as the anchor tenant. An announcement of a second national healthcare provider tenant is expected to be announced in the coming days, with an additional 11,300 square feet of space still available for lease.

Located in one of the Twin Cities’ fastest growing areas, the location has high visibility and easy access from the key crossroads of Highway 610 and Zane Avenue. “We have continued to see ongoing demand for specialized psychiatric services throughout the region,” said Todd Archbold, PrairieCare’s Chief Operations Officer, “This expansion will provide greater access to care for youth and families.”

Ryan and the City of Brooklyn Park have a long-standing partnership that has resulted in numerous successful developments, including Target Northern Campus, Hy-Vee, Olympus Surgical Technologies America, and others. Ryan is delighted to offer this premier Brooklyn Park location to medical service providers seeking space in this dynamic, growing suburb.

Ryan is providing development, capital markets, civil engineering, construction, and management services; HGA Architects is providing design services; and the Welsh and Colliers International | Minneapolis-St. Paul team of Louis Suarez and Brian Bruggeman are providing leasing services.

“610 Zane is a prime example of a well-thought-out development that is perfectly positioned between five hospitals and has exceptional visibility and freeway access. These advantages will make it one of the most sought-after medical office locations in the Twin Cities,” said Louis Suarez, Healthcare Service Group, Welsh and Colliers International | Minneapolis-St. Paul. “I’m excited to see the future success of this state-of-the-art office building and the practices that will call it home.”

For additional information regarding building amenities and leasing, please contact Louis Suarez, CCIM, 952-837-3061, louis.suarez@colliers.com, or Brian Bruggeman, 952-837-3079, brian.bruggeman@colliers.com and visit www.610ZaneMedical.com.

About Ryan Companies US, Inc.

Ryan Companies US, Inc. is a 3rd generation, family-owned national developer, designer, capital investment consultant, builder, and real estate manager specializing in fully integrated solutions for over 75 years. Key market sectors include: retailers, industrial, healthcare, senior living, and corporate build-to-suit; and product experience includes work on office, retail, mixed-use, hospitality, multi-housing, industrial, medical office building, senior living, distribution center, public sector, and mission critical facilities. Ryan serves customers throughout the United States with offices in the North, Midwest, Great Lakes, SouthEast, SouthCentral, SouthWest, and West regions. Ryan was named the 2007 National Developer of the Year by NAIOP, the Commercial Real Estate Development Association. For more information, visit www.ryancompanies.com.

About Welsh and Colliers International | Minneapolis-St. Paul

Welsh is a full-service commercial real estate company headquartered in the Twin Cities with regional offices in Minnetonka, Minneapolis and Shoreview, Minnesota. Welsh consists of more than 300 professionals whose expertise extends into every aspect of commercial real estate including brokerage, corporate solutions, real estate management, facility management, construction, architecture, development, and financing. Welsh has partnered with Colliers International, a global leader in commercial real estate services, with more than 16,300 professionals operating out of 502 offices in 67 countries. For the latest news from Welsh and Colliers International, visit www.welshco.com or www.colliers.com/msp, or follow us on Twitter: @WelshCo @ColliersMSP @ColliersIntl

About PrairieCare

PrairieCare provides mental health services to children, adolescents and adults throughout the Twin Cities metro area and in Rochester. With 8 locations in Minnesota, PrairieCare is one of the region’s largest groups of psychiatrists and the state’s only private specialty psychiatric hospital. PrairieCare is an affiliate of the University of Minnesota Medical School and has provided training, education and resources to our communities to increase awareness of mental illnesses and access to services. www.prairie-care.com

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