IMG_4482

1700 47th Ave North

This property is located on the north side of 47th Street, just west of the intersection of 47th and Humboldt Ave., in Minneapolis, MN. The facility is leased to Owens Corning / Owens Corning Roofing and Asphalt, LLC, a manufacturer of roofing materials. This facility is used to provide outside product storage support.

Building Type

Warehouse/Distribution Facility

Property Type

Fully Leased

Date Acquired

06/30/2003

Year Built

2003

Total SF and/or Acreage

18,620

Space Available

N/A

Region

Midwest

Market

Minneapolis

Clear Height

25'

Energy Certification

N/A

Derrick Johnson

Independent Trustee

Mr. Johnson has served as an independent trustee since July 2022. Mr. Johnson has extensive experience across strategy, marketing, business development, finance and operations, specifically logistical operations, within organizations ranging from startups to Fortune 50 companies.

Experience:

  • Currently, Senior Vice President and Chief Operating Officer at Agiliti, a medical equipment management and services company
  • Former President of Southeast at United Parcel Service (UPS), holding a variety of strategic and operational roles for over 20 years
  • Member of the Georgia Commission on Freight and Logistics
  • Previously, Mr. Johnson was an Associate of Fixed Income Sales at Citigroup and an Associate at Oliver Wyman (formerly Mercer Management Consulting)

Mr. Johnson brings operational and logistics expertise, with specific knowledge of the logistics user experience and provides our Board of Trustees with related insight.

Committee Memberships

  •  Audit and Cyber Risk 
  • Nominating and ESG