Midland Glass is a Commercial Glazing Contractor that has been doing business in the Minneapolis, St. Paul area since 1988. Alex Ugorets (President) saw the need for a more “personable” glass business and set out to achieve that goal. Midland Glass has continued to expand over the past 15 years, and with our most recent move in May 2002, we now occupy our newly remodeled office space and 40,000 square foot warehouse in Hopkins, Minnesota. With this new warehouse space, we are able to provide quick turn around time on any project that we are up against. This space allows us to have higher inventory levels to provide even better service in the glass distribution market. We invite you to stop by and see our new facility at any time. Midland Glass prides itself on being the “little guy” as each of our prospective customers establish long lasting relationships and return to us for all of their glazing needs.
Our project work includes a wide range of commercial buildings, educational, religious, retail and industrial buildings. We distribute and install a full line of aluminum storefront, entrance, curtainwall, windows and doors, along with providing a complete line of glass and glazing products. Our customers come to us for full product selection, material fabrication, installation and follow up service after the job completes. From our distribution plant to our fabricators, down to our glazing crew, we will meet all of your door, window or glazing needs. Our website shows you some of our recent projects that we have completed. Midland Glass is a distributor, installer and fabricator. We use a variety of manufacturers, which allows us to be flexible in our product selection to meet specific requirements, control our deliveries, and to retain quality control from the start of each project to the finish. Please feel free to contact us for assistance with any need you may have regarding product design & selection, maintenance or service concerns. We look forward to doing business with you.
Hopkins warehouse sells for $9.1M
Deal is latest in area for buyer Ugorets.
BY ANNE BRETTS
Special to Finance & Commerce
Hopkins businessman Alex Ugorets has paid $9.135 million for a 330,000-square-foot office warehouse best known for its key tenant, Irwin L. Jacobs.
Ugorets 8098 LLC, an entity related to Ugorets, closed Friday on the acquisition from Continental Decatur LLC, an entity related to Wayzata-based Continental Property Group, according to a certificate of real estate value made public Tuesday. The property, located at 8098 Excelsior Blvd., includes the building and 16,56 acres of industrial land. The price, which works out to $27.68 per square foot, is a significant jump from the $5 million Continental paid for the site in 2008.
“I think the whole area is changing,” Ugorets said, citing the proposed light rail line service through the area and the city’s potential for redevelopment. “I just like Hopkins,” he said, “It’s coming alive as we speak.”
Ugorets, who is the president of Midland Glass Co., also runs Ugorets Properties, Ugorets Properties paid $4.2 million in 2008 for the adjacent building at 7900 Excelsior Blvd. Midland Glass paid $2.8 million in 2009 for the building at 410 11th Ave. S., where it moved from smaller quarters in another building Ugorets owned.
Ugorets and Ugorets Properties own several other commercial and industrial properties in and around St. Louis Park. Jacobs Management Corp. leases office space in the building and will continue to do so, said David Mahler , vice president of Jacobs Management. The building also houses two small tenants and the consumer goods remarketing arm of Jacobs Trading Co. That operation was acquired in 2011 by Washington D.C.- based Liquidity Services Inc.
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