Recent Transactions

MONTICELLO/BECKER RETAIL PORTFOLIO
Monticello & Becker, MN

56,974 SF Retail Portfolio Sale
Sale Price: $3,675,000
Price PSF: $65
CAP Range: 9.4%

ACE RETAIL PORTFOLIO
Albertville & Medina, MN

32,978 SF Portfolio of Retail Shopping Center
Sale Price: $6,550,000
Price PSF: $198
CAP Range: 7.4%

FRANKLIN BUSINESS CENTER
1433 Franklin Avenue E
Minneapolis, MN

58,852 SF Multi Tenant Neighborhood Center
Sale Price: $5,500,000
Price PSF: $102
CAP Range: 8.1%

DELANO EAST
600 Babcock Boulevard E
Delano, MN

28,500 SF Multi Tenant Neighborhood Center
Sale Price: $1,050,000
Price PSF: $37
CAP Range: 8.0%

HOLLY CENTER
6522-6594 University Avenue NE
Fridley, MN

67,658 SF Multi Tenant Neighborhood Center
Sale Price: $5,000,000
Price PSF: $69

JOANN FABRICS
5154 Highway 52
Rochester, MN

18,000 SF Single Tenant Net Lease
Sale Price: $1,693,000 (allocated)
Price PSF: $94.00
CAP Range: 7.5%

ABRA/LEHMAN'S PORTFOLIO
Multiple Minnesota Locations

Portfolio Sale
Sale Price: $1,500,000
CAP Range: 7%

CROSSROADS CENTER
223 W 33rd Street
Hastings, MN

76,083 SF Grocery Anchored Retail Center
Sale Price: $4,995,000
Price PSF: $66
CAP Range: 8.5%

ROSEMOUNT STRIP CENTER
15065 Canada Avenue
Rosemount, MN

5,060 SF Multi Tenant Neighborhood Center
Sale Price: $2,400,000
Price PSF: $474
CAP Range: 6.28%