Launching in a Hot Industrial Market

Twin Cities sees a new player entering the industrial real estate market, Endeavor Development launched by Josh Budish. He was the former market leader for Duke Realty Corp where he was responsible for a 5.1 million-square-foot portfolio. With nearly 20 years of industry experience Josh said he is ready for this entrepreneurial opportunity to create a “clearly focused, strategic and nimble company.”

“The industrial market, and the demand for industrial space nationally, has blown up,” said David Berglund, senior managing director for the Minneapolis office of real estate consultancy Jones Lang LaSalle. Endeavor Development arrives at an opportune time when there is a huge shift in needs in the market from supply chain interruptions to e-commerce growth, Budish is confident he can “address those needs in a creative and focused way.”

Endeavor Development’s first three spec projects include 112,500-square-foot Yankee Doodle Business Center in Eagan, 75,000-square-foot Pilot Knob Business Center in Mendota Heights and 75,000-square-foot Highway 610 Business Center in Brooklyn Park, are all scheduled for fall 2021 occupancy.

Read the full article online at Minneapolis/St. Paul Business Journal.