CMBS Trusts to Take Chicago Office Property in Foreclosure
March 17, 2023
Hilton Minneapolis Gets Taken Through Foreclosure
March 17, 2023
City: Edina
Minneapolis-Area Retail Center Sells for $69Mln
Minneapolis/St. Paul Business Journal Phillips Edison & Co. has paid $69 million, or $347.23/sf, for Centennial Lakes Plaza, a 198,717-square-foot retail center in Edina, Minn. The Cincinnati REIT purchased the property from a limited liability company that shares an address ...
JLL Writes $67Mln Fannie Mae Loan for Minneapolis-Area Apartment Property
JLL Capital Markets has originated a $67 million Fannie Mae mortgage against Nolan Mains, a 100-unit apartment property in the Minneapolis suburb of Edina, Minn. The loan, written under Fannie's Delegated Underwriting and Servicing program, will be serviced by JLL ...
two medical-office buildings with a combined 55,793 sf in Edina, Minn.
100 percent and 90 percent occupied, respectively.
One Corporate Center IV/7301 Ohms Lane
82 percent occupied.
Centennial Shops
fully occupied.
5201 Eden Ave. in the Grandview Square mixed-use development
95 percent occupied.
Galleria at 69th Street and France Avenue
Hines funded the purchase with proceeds from its stock offering and a $65.5 million mortgage provided by Allianz Life Insurance Co. of North America. The loan matures in August 2019 and has an interest rate of 3.5 percent.
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