Biynah Acquires Light Industrial Park in St. Paul

Biynah acquired the St. Paul Business Center vis-à-vis a tax-deferred exchange in September of 2017. The property is exceptionally well-located at the intersections of I-35E and Hwy 694, maintains historically high occupancy rates generating a strong current yield. Biynah anticipates implementing a capital improvement program at the property and maintains a long-term hold position for the asset.