FARGO — The former site of Prairie Roots Co-op will soon have new life as a multi-business center.
The approximately 41,000 square-foot building at 1213 NP Ave. is now owned by Irish Properties VI, who finalized its sale June 18, according to Chris Kennelly, one of its new owners.
“We’re definitely trying to promote that there is a new concept happening in that building,” Kennelly said.
Kennelly, a lawyer at Kennelly Business Law, said the property owners comprise himself, several of his law partners, as well as a partner in his title company, FM Title. Half of the third floor will be occupied by Kennelly Business Law, he said, and two thirds of the first floor will be occupied by FM Title. Those businesses will be moving into the site within the next three months, he said, “as fit-up occurs.”
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“It was an unique opportunity to put FM Title and Kennelly Business Law into the same building,” Kennelly said, “along with the fact that we felt it was just a great investment and location.”
A variety of other tenants, including several unspecified medical professionals who would like to operate on the building’s second floor, will join the existing Wild Terra Cider and Brewing and Tellwell, a marketing agency, once remodeling is complete, he said.
Kennelly said another restaurant group is slated to move into the space between Wild Terra Cider and Brewing and what will be FM Title, Inc., operating on the building’s first floor.
There is additional space for lease and development, Kennelly said, and professionals who would like to explore options should contact him directly at 701-371-6884.
Irish Properties VI is offering certain “creative financial incentives” for potential renters, he said, hoping to make a move into the building more attractive to them.
Everyone is hopeful the site will become a successful business hub.
“We do feel it’s going to give a lot of life, and a lot of traffic and vitality, to the building,” Kennelly said, “and hopefully help out with what’s going on in that surrounding area.”