Date: 2/18/2026
Dakota REIT announces the acquisition of a STNL(Single Tenant Net Lease) with Neogen Corporation as the tenant. The property in Oakdale, Minnesota is a 45,740 SF single-tenant, office, R&D, lab and warehouse facility.“Industrial/Flex property is one of Dakota REIT’s key targeted asset classes looking to 2026 and beyond, additionally this acquisition allows us to further diversify our tenant mix in the Twin Cities market” said Dakota REIT CEO and President Matt Pedersen “We are pleased to increase our investment in the Twin Cities of Minneapolis and St. Paul. Dakota REIT will continue to look for future opportunities to expand this product type within our key markets” shares Matt Pedersen, Dakota REIT CEO and President. This acquisition was a strategic target for Dakota REIT. “Dakota REIT acquires long-term stabilized income producing properties to drive strong and consistent returns to our shareholders. The acquisition of the Neogen property compliments the balance of our portfolio.” said Peter Tanis, Chief Investment Officer of Dakota REIT.
About Dakota REIT
Dakota REIT has continued a 28-yeartrack record of consistent distribution yields and sharevalue appreciation. Dakota REIT’s investment objective is to generate attractive current income and equity growth by investing in diversified real estate assets in the growth markets of the Midwest. Our targeted asset classes include multifamily, industrial/flex, and strategic exposure to grocery-anchored and necessity-based neighborhood shopping centers. Dakota REIT’s press release and additional information are available on its website at www.dakotareit.com or by calling Investor Relations at 701-239-6879.
Contact Information
Peter Tanis
Chief Investment OfficerPhone: 701-239-6879 Ext. 107
