City: Bloomington

Multi-Housing News Gray Capital has acquired Echo Park, a 154-unit apartment property in Bloomington, Ind. The sales price and seller could not yet be learned. The Indianapolis investment firm had purchased the property through its latest investment vehicle, Gray Fund, ...

Minneapolis/St. Paul Business Journal FPA Multifamily has paid $32.8 million, or $153,990/unit, for the 213-unit Tealwood Apartment Homes in Bloomington, Minn. The San Francisco investment manager purchased the property from Belgarde Property Services Inc. The Tealwood, at 9900 Briar Road, ...

Minneapolis/St. Paul Business Journal Orton Development Inc. has paid $54 million, or $93.10/sf, for the 580,000-square-foot industrial property at 6201-6203 West 111th St. in Bloomington, Minn. The Emeryville, Calif., company purchased the property from First Industrial Realty Trust Inc., which ...

Minneapolis/St. Paul Business Journal Opal Holdings has paid $366 million, or $215.29/sf, for Normandale Lake Office Park, a 1.7 million-square-foot office property in Bloomington, Minn. The New York investment firm purchased the property from a venture of MetLife Investment Management ...

Minneapolis/St. Paul Business Journal Delta Air Lines has agreed to lease 80,000 square feet at the 1.7 million-sf Normandale Lake Office Park in Bloomington, Minn. The Atlanta travel company will take its space at 8400 Normandale Lake Blvd., about 13 ...

Mesa West Capital has provided $85 million of mortgage financing to fund Bader Diamond Funds' $107 million, or $200,375/unit, purchase of the 534-unit Hampshire Hill apartment property in the Minneapolis suburb of Bloomington, Minn. Bader Diamond, of Minneapolis, purchased the property, ...

Multi-Housing News Aspen Heights Partners is planning to build Aspen Heights Bloomington, a 671-bed student-housing property in Bloomington, Ind. The Austin developer will build the property at 703 West Gourley Pike, about a half mile from Indiana University's main campus. ...