CBRE has arranged the sale and recapitalization of an 11-building, 1.389-million-square foot industrial portfolio in the suburbs of Minneapolis. The transaction closed April 13 for $143 Million.
Onward Investors was represented by CBRE’s Micahel Caprile, Judd Welliver, Ryan Bain, Zachary Graham and Bentley Smith in the transaction.
The portfolio consists of five institutional-quality buildings. Locations of the properties are:
- 7160 4th Street N, Oakdale, MN – 60,888 sq. ft.
- 1140 Gervais Avenue E, Maplewood, MN – 69,096 sq. ft.
- 5121 Winnetka Avenue N, New Hope, MN – 102,755 sq. ft.
- 3440 Winpark Drive, New Hope, MN – 142,325 sq. ft.
- 5501 W Old Shakopee Road, Bloomington, MN – 405,695 sq. ft.
- 7115 Northland Terrance, Brooklyn Park, MN – 59,840 sq. ft.
- 9300 75th Avenue North, Brooklyn Park, MN – 184,646 sq. ft.
- 7601 Northland Drive, Brooklyn Park, MN – 111,690 sq. ft.
- 7500 N. Meridan Circle, Maple Grove, MN – 110,043 sq. ft.
- 407 W. 60th Street, Minneapolis, MN – 36,206 sq. ft.
- 2655 County Road C, Roseville, MN – 106,765 sq. ft.
