North Rock Invests $8.98M in Rochester Center with Wingstop Lease
WING•WING•WING•WING•North Rock Real Estate and investors acquired Rochester Crossings commercial center for $8.98 million, exceeding the assessed value of $7.12 million for 2026-2027. The 10-unit complex, anchored by Chipotle and Panera, achieved 100% occupancy after Wingstop signed a lease replacing GameStop.
On June 11, Rochester Crossings LLC paid $8.98 million to acquire the 23-year-old Rochester Crossings center at 3780 Marketplace Drive NW, surpassing Olmsted County’s 2026-2027 market valuation of $7.12 million.
The 10-unit complex is anchored by Chipotle Mexican Grill and Panera Bread and stands adjacent to Target North; occupancy reached 100% when Wingstop signed a lease to replace the closed GameStop video game store.
North Rock Real Estate, serving as property manager, plans to leverage this asset alongside group investors to pursue additional retail investments in the Rochester market, benefiting from integrated asset management and property management services.
