State: Minnesota - MN

Minneapolis/St. Paul Business Journal Real Capital Solutions has paid $22.3 million, or $142.95/sf, for the 156,000-square-foot industrial building at 6600 94th Ave. North in Brooklyn Park, Minn. The Louisville, Colo., investor purchased the property from Ryan Co. US Inc., which ...

Minneapolis/St. Paul Business Journal Mortenson Development is planning a 233-unit apartment complex at 9920 Wayzata Blvd. in St. Louis Park, Minn. The Minneapolis developer received approvals for the development from the St. Louis Park Planning Commission last week. About 47 ...

Kohan Retail Investment Group has purchased the distressed $62.7 million loan against the Burnsville Center shopping mall outside of Minneapolis. The Great Neck, N.Y., company paid a total of $20 million for the loan, which was securitized through GS Mortgage ...

An affiliate of STAG Industrial Inc. has paid $14.55 million, or $141.27/sf, for the 102,994-square-foot industrial property at 8175 Jefferson Highway in Maple Grove, Minn., a suburb of Minneapolis. The Boston REIT purchased the property from a partnership of PCCP ...

REBusiness Online MSP Real Estate Inc. has secured a $23.5 million loan against its 420,000-square-foot Mendota Heights Business Park in Mendota Heights, Minn., about 11 miles southeast of Minneapolis. The St. Louis Park, Minn., developer was represented in the financing ...

Minneapolis/St. Paul Business Journal Peak Capital Partners has acquired the 231-unit Royal Oaks Apartments in the Minneapolis suburb of Eagan, Minn., for $46.5 million, or $201,298.70/unit. The Provo, Utah, investor bought the property from Timberland Partners of Minneapolis, which was ...

Multi Housing News Merchants Bank of Indiana has provided $21.5 million of construction financing for the development of a 128-unit apartment complex in Minneapolis. The property, The Bessemer at Seward Commons, is being developed at 2200 Snelling Ave. as part ...

Monument Capital Management has acquired a pair of apartment properties, in suburban Minneapolis and Greensboro, N.C. The Miami investment manager, co-founded by former professional baseball player Alex Rodriguez, paid $19.7 million, or $160,163/unit for the the 123-unit White Pine Apartments ...

Multi-Housing News Timberland Partners has bought the 205-unit Preserve on Maine apartment property in Rochester, Minn., for $38.5 million, or $187,805/unit. The Minneapolis real estate investment company purchased the two-building complex, on four acres at 4010 Maine Ave. SE, from ...