The investment sales team at Colliers International|Minneapolis-St. Paul recently negotiated the sale of the 4000 Lexington office building at Shoreview Corporate Center. The office building is located at 4000 Lexington Avenue in Shoreview, Minnesota.
The building was purchased The Shoppes of Osgood, LLC, of Fargo, North Dakota. The buyer closed on the 104,463-square-foot property on Sept. 26.
The building is 100 percent occupied. Major tenants include Ally Bank and Aerotek.
Shoreview Ridge is a joint venture between Eagle Ridge Partners and CarVal Investors. Shoreview Ridge acquired Shoreview Corporate Center in 2015.
The Colliers International team of Bob pounds, Tim Prinsen, Amy Senn and Lori Pounds represented Shoreview Ridge in this deal.