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Reports of Staff November 20, 2015 Page 2 of 4 parking lot. They occupy and own 4100 SF, which is half of the building. The dentist and chiropractor own the other half. They give the city 8 of 10 points for serviceability. Sara Lee: They moved to Mounds View April 2006 from Hwy 81 & Bass Lake Road near Crystal, MN. They have a lease until the end of 2017; however they have indicated that they plan on staying in Mounds View long-term. In the meantime, they are looking for more space with more dock doors. They currently occupy about 18,000 SF and would need at least another 18,000 SF in the next 1 -3 years. Ideally, they would need a build to suit to fit their operational efficiency standards. A 40,000-50,000 SF building would be ideal. They like being centrally located off I-35W. They are a distribution company in the Mounds View area with Roseville and Fergus Falls serving as the bakery. Their headquarters is in Pennsylvania and the Bimbo headquarters is in Mexico City. There are 83 routes in this region with about 60 buildings working 7 days a week and distributing bread from around a half dozen brands to grocery stores as well as the Mounds View School District. With around 130,000 employee in 22 countries, they are the number one wholesaler in the world for bread. The Mounds View location has 40 FT and 10 PT employees. Even though the industry is decreasing overall due to smaller families and less people eating bread, next year could see 3-4 increase in employees. Employees are sometimes hard to attract and keep because of the split work week. Magno International: They moved to Mounds View August 2014 and are a sister company of Crane World Wide. It is a global company storing products and materials for a variety of companies then transporting them worldwide. They occupy over 32,000 SF and are looking to expand soon. The Magno International headquarters is in Florida. Mounds View and Eagan are the only two locations in Minnesota. Georgia, Florida, and the Mid-west seem to be the primary growing markets. Staff is working with them to address their space needs. Zep Manufacturing: The company moved from Roseville January 1998 to Mounds View because of the easy access for customer pickups. They are a branch office of 5 employees selling industrial cleaning supplies in a 5 state region. They have two trucks each week, one from Dallas and one from Atlanta. They also service the upper peninsula of Michigan. Minnesota is the fastest growing region. They renewed their lease in 2010, 22,000 SF, 2 drive-ins, & 5 dock lifts. They give the city 8 of 10. Recently, Zep was purchased by a private equity group that decided to close a number of their distribution sites including the Mounds View site. This area will now be serviced out of Chicago. Their space will be available for lease January 1, 2016. The listing broker believes the site is expandable by maybe 15-20,000 SF.