CBRE recently closed the sale of the Oracle & International Centre located in the Minneapolis CBD to a joint venture between New York-based Investcorp International and Minneapolis-based Wildamere Properties.
Oracle & International Centre is a 622,173-square-foot Class-A office project located in the Minneapolis CBD one block from Nicollet Mall and Target’s world headquarters. The project won the NAIOP “Award of Excellence,” and is currently 90-percent leased.
Oracle USA occupies 45 percent of the Oracle Centre with a diverse group of tenants including The Lacek Group and Surescripts in the balance of the occupied premises.
The seller, a joint venture between CrossHarbor Capital Partners, LLC, and WelshInvest was represented by the CBRE Institutional Group in Minneapolis led by Ryan Watts, Tom Holtz and Steven Buss.
