Property details

savage, minnesota
Winnebago Industries Innovation Center
Investment type
Net Lease
Asset Class
Industrial
Ownership Structure
Delaware Statutory Trust (DST)
Year Acquired
2024
Investment Summary
The light industrial property is utilized by Winnebago as its primary research and development facility. This work includes the creation of new prototypes and technology enhancements for Winnebago’s vehicles, including data and connectivity upgrades, advanced materials construction, and self-driving autonomy development. This location was chosen due to its proximity to Winnebago’s corporate headquarters (3 miles northwest), its primary manufacturing facility in Forest City, Iowa (130 miles south), and Prior Lake (4 miles north), which Winnebago uses to test Barletta Boats, one fits five main business segments.