MSP’s Quarterly Newsletter, Vol. 44
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A letter from our leadership…
As we welcome the New Year, I’d like to take a moment to reflect on MSP’s journey and express my gratitude for your continued partnership, and the partnership of all our clients, tenants and business partners.
Over the past year, we’ve had the opportunity to steadily grow our portfolio of owned and managed properties and thoughtfully expand our project management capabilities. This progress has allowed us to better support our clients in the Twin Cities and strengthen the services we offer. By working closely with local specialty and primary care providers, we’ve continued to support medical facilities and our local community in meaningful ways – further committing to our primary goal of helping medical providers achieve reliable and high-quality spaces to provide outstanding healthcare.
I am especially thankful for MSP’s lean, but incredibly capable team of healthcare real estate professionals, whose dedication, care and consistency makes everything we do possible. Our work is made stronger through communication and collaboration – both within our team and alongside partners like you – and we truly appreciate the trust you place in us.
Looking forward, our focus remains on helping healthcare providers develop, build and maintain their properties to the highest standards. We remain committed to medical facility excellence, so that providers can continue to focus on what matters most: their patients.
I’m honored to continue this journey alongside you and look forward to the opportunities and challenges that await us in the coming year. Wishing you a prosperous and inspiring 2026!
Warm regards,
Alex Young
President, MSP Commercial
Project Spotlight: Grow Pediatrics Expands in Lakeville

Grow Pediatrics is proud to announce its collaboration with MSP Commercial on a new retail-style medical building located just north of the Hy-Vee Grocery anchored development on 161st Street West in Lakeville. This marks the fourth location for the pediatric care provider, joining its existing practices in Inver Grove Heights and Richfield, and a future Eden Prairie location expected to open in early 2026.
The upcoming one-story, dual-tenant facility will span 9,000 rentable square feet (RSF), with Grow Pediatrics occupying approximately 60% of the space. The remaining 4,000 RSF is available for build-to-suit retail or medical tenants.
“We’re thrilled to be back in Lakeville and excited to continue building lasting, trusting relationships with families in this wonderful community.”
– Linnea Sorensen, Partner at Grow Pediatrics
MSP Commercial is spearheading the development, delivering end-to-end services encompassing project management, construction coordination, and property management. The pad-ready site was selected for its proximity to high-traffic retail in the area and its alignment with Lakeville’s growing population. Read More…
MEET MSP: LINDSAY CHALIN
Please join us in welcoming Lindsay to our team! A third-generation real estate professional, Lindsay oversees multi-tenant industrial, medical, and office buildings within the MSP portfolio, leveraging her strong interpersonal skills to build relationships… Read More..


WELCOME NEW TENANTS
Dental Associates
9100 Upland Lane N | Maple Grove
Riverdale Kidds Pediatric Dentistry
MidwestOne Bank
3585 124th Ave NW | Coon Rapids
Twin Lakes Corporate Center
2720-2750 Arthur St | Roseville
Amano McGann
AVI-SPL
Johnson Controls
Option Care
Thank you to all our amazing project partners, clients and staff for an exciting and fun-filled 2025!
We worked on so many great healthcare projects in 2025 that utilized every aspect of our services – everything from a ground-up development of a dental practice to building out a new urgent care clinic to robust interior redesigns and capital improvements. Every project is meaningful to us, big or small, and we greatly appreciate your partnership.

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