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MinnesotaMultifamily

Colliers brokers sale of ElseWarehouse in Minneapolis

January 20, 2025
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Photo courtesy of Colliers.

Colliers Minneapolis-St. Paul’s Capital Markets team of Mox Gunderson, Dan Linnell, Devon Dvorak and Adam Haydon represented Greco in the sale of ElseWarehouse at 730 N. Washington Ave. in Minneapolis to North Dakota-based Great States Development.

It is the first time these historic warehouse apartments have ever hit the market.

Located on Washington Avenue in the city’s live/work/play North Loop neighborhood, ElseWarehouse boasts 100% concrete construction. The 116 residences – a variety of one-, two-, and three-bedroom units – feature 10’ plus ceilings, distinctive exposed brick accents, and expansive floor plans averaging 907 square feet. The building also offers best-in-class amenities such as a fitness center, rooftop clubrooms, and retail on the ground floor. 

Greco converted the 1920s warehouse into chic abodes in 2012 – one of the first developers to embrace adaptive reuse in the coveted North Loop.

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