Circle City Outdoor has acquired 4 billboard structures with 8 static billboard faces in Minnesota. The structures are 10′ by 30′ steel monopoles and are in the towns of Red Wing, MN and Montgomery MN. After giving effect to the purchase Circle City Outdoor controls 32 billboard structures with 65 faces:
- 17 billboard structures with 36 faces around Indianapolis, Indiana.
- 14 billboard structures with 28 faces in Minnesota
- 1 billboard structure with 1 digital face in Sherman, Texas
“The Bolkcom boards are a logical acquisition for Circle City,” says Circle City General Manager Duane Fredrickson. “The acquisition dovetails perfectly into our existing Minnesota assets and expands our coverage into most of Southern Minnesota. All the board are 10′ by 30′, the same as most of our sites. It also opens up rotational opportunities for our clients to cover a large geographical area.”
There were no brokers involved in the transaction.