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November 16, 2012

Mayo Clinic bulks up on warehouse space

Mayo Clinic is bulking up its warehouse space in northwest Rochester just as a "warehouse" store is opening its doors.

Everyone knows (or should, if they read the Post-Bulletin) that Costco opened its new Rochester store today. Costco prefers to label its retail locations as "warehouses" instead of stores.
This follows Mayo Clinic's recent $2.9 million purchase of an almost 200,000-square-foot warehouse at 2915 Valleyhigh Dr. N.W.

Mayo bought the warehouse facility on Oct. 15 from a Minnetonka, Minn.-based company under the straightforward name of 2915 LLC.

IBM and Maysteel have used the 46-year-old facility for storage in the past.

What does Mayo Clinic have planned for this additional warehouse space? That seems to be still in the works.

“Mayo Clinic did acquire the warehouse property and at this time we have not yet formally determined how we will occupy the property,” responded James Bruhn of Mayo Clinic's Real Estate and Property Management Services department.


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