Newport Beach, Calif.-based KBS Realty Advisors, recently purchased Northland Center, a 465,168-square-foot office complex in Bloomington, Minn. United Properties sold the office complex.
KBS paid $51 million for the property.
Northland Center sits on 12.9 acres at 3500 and 3600 American Blvd. West. The two-building seven-story property was renovated in 2010.
The property includes a full-service cafeteria, conference rooms, hair salon, dry-cleaning service and fitness facility.
Tom O’Brien and Scott Pollock of Cushman & Wakefield/NorthMarq represented United Properties in the sale.
