2500 Cr-42 W
Burnsville, MN 55337
Ames Construction · Property For Sale · 85,986 SF Total

Jones Lang LaSalle, Inc. (“JLL”), as exclusive advisor, is pleased to present the Ames Construction Net Lease Portfolio (the “Portfolio”) -- a two-property, single-tenant
net lease office portfolio 100% occupied by Ames Construction, Inc., one of the largest heavy civil and industrial general contractors in the United States. The Portfolio
consists of (i) a +/-25,682 square-foot Class A office building located at 8333 E Hartford Drive in Scottsdale, Arizona (the “Scottsdale Asset”), leased to Ames Construction
Holding Company, Inc. with a corporate guaranty from Ames Construction, Inc.; and (ii) a ± 60,689 square-foot corporate headquarters facility located at 2500 County
Road 42 West in Burnsville, Minnesota (the “Burnsville Asset”), leased directly to Ames Construction, Inc., with a corporate guaranty from Ames Construction, Inc. Both
leases feature triple-net structures and 2.75% annual rent escalations.
Ames Construction, Inc. is one of the nation’s foremost privately held heavy civil and industrial general contractors, founded in 1962 and headquartered in Burnsville,
Minnesota. The company generates in excess of $2 billion in annual revenue through operations spanning five continents with a workforce of approximately 3,500
employees. In March 2025, Ames transitioned to an Employee Stock Ownership Plan (ESOP), reflecting a deep commitment to long-term organizational continuity and
workforce alignment. The Burnsville asset serves as the company’s registered corporate headquarters and longtime operational nerve center, while the Scottsdale
asset functions as a key regional office for the company’s growing Southwest operations.
The Portfolio is being offered for sale as a combined two-asset portfolio. JLL will also consider bids on individual assets. Investors seeking a single-tenant, credit backed net lease portfolio with embedded rent growth, geographic diversification across two major U.S. markets, and a single creditworthy tenant will find a uniquely
compelling opportunity in this offering.
The Ames Construction Net Lease Portfolio represents a rare opportunity to acquire a credit-backed, geographically diversified net lease portfolio -- 100% occupied by
a single, nationally recognized tenant, with long-term leases, structured rent growth, and meaningful optionality for portfolio or individual asset acquisition