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Chaska EDA approves lease assignment for 314 Walnut St. N.; tenant to shift holdings to management company
Summary
The Chaska Economic Development Authority on Jan. 7 approved an assignment of the EDA lease for 314 Walnut Street North from NorthStar Regional to NSRMSO LLC, an internal management company; staff and the city attorney reviewed and recommended approval as a housekeeping item with no lease term changes.
The Chaska Economic Development Authority on Jan. 7 authorized the assignment of the lease for 314 Walnut Street North from NorthStar Regional to NSRMSO LLC, a company NorthStar created to manage its property holdings.
City staff explained the city has owned 314 Walnut Street since the 1960s and that the…
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