Caspian Group recently negotiated the purchase of the Kremer Building, a 55,619-square-foot office/showroom property in Edina, Minnesota.
The property at 7401-7429 Bush Lake Road was bank-owned and was being marketed by Cushman & Wakefield/NorthMarq as an investment sale.
Nick Leviton, vice president with Colliers International, brought Caspian in as a potential buyer for the property. Anchor tenant Leffler Printing has extended its lease for five years since the purchase. Also, new tenant Wooden Hill Brewery will open its doors in July of 2017.
