Cargill Inc. has joined the recent trend of companies trying to find cash in their real estate holdings. The Wayzata-based food giant has put up for sale one of the office buildings at its Excelsior Crossings campus in Hopkins. It intends to remain in the property and lease it back from a new owner. That will free up cash that Cargill can invest elsewhere in its enterprise. The deal follows a trend set by other local large companies, such as Blue Cross and Blue Shield of Minnesota and UnitedHealth Group Inc...
Source: http://feeds.bizjournals.com/~r/twincities_blog_realestate/~3/fCp2ZvV6vx4/cargill-joins-local-sale-leaseback-trend.html
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