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MinnesotaRetail

Cushman & Wakefield|NorthMarq closes sale of pair of shopping centers in Minnesota

Staff Writer April 4, 2017
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Cushman & Wakefield|NorthMarq recently closed the sale of two retail shopping centers, one in South St. Paul, Minn., and the other in Eagan, Minn.

The first is Southview Shopping Center located at 1209 Southview Blvd. in South St. Paul. Knowlan’s Fresh Foods, Family Dollar and Anytime Fitness anchor this 55,000-square-foot neighborhood shopping center.

Leah Maurer of CWN represented the seller, Paster Enterprises/Paster Properties. The buyer was a private capital group out of California, which represented itself during the transaction.

The second is Thomas Lake Center, a 42,000-square-foot shopping center located at 1565 Cliff Road in Eagan. Tenants of the neighborhood shopping center include Ace Hardware, Cupcake, Subway, Weight Watchers and Sarpino’s Pizza, among others.

Maurer represented the seller Har Mar Inc. and CWN’s Skip Melin represented the buyer, a local private capital group.

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