Marcus & Millichap closed the sale of Via Sol, a five-story, 217-unit multifamily asset in St. Louis Park, Minnesota.
Abe Roberts, head of the Roberts Group of Marcus & Millichap in Minneapolis, along with IPA’s Will Balthrope and Drew Garza, represented the seller, Place E-Generation One LLC. Roberts, Balthrope and Garza also procured the buyer, Bigos-Via Sol LLC. Bigos was represented by Will Tansey of the Felhaber Larson law firm.
Completed in 2022, the property was built with sustainable and efficient infrastructure. Community amenities include an urban art forest, rooftop terrace, fitness center, and underground parking. Apartments have stainless-steel appliances, dishwashers, and walk-in closets. Select units have balconies, washers, and dryers. The average apartment size is 677 square feet.
Located along Minnesota State Highway 7, the property is less than five miles from Central Minneapolis. Fortune 500 companies with headquarters nearby include United Health Group,
Target, Best Buy, and U.S. Bancorp.
