Marcus & Millichap closed the sale of Kensington Park, a 28,208-square-foot retail property in Richfield, Minnesota. The asset sold for $7.03 million.
Brian Klancke, Sean Doyle, Cory Villaume, Matthew Hazelton and Adam “AJ” Prins, investment specialists in Marcus & Millichap’s Minneapolis office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was also secured and represented by Marcus & Millichap listing agents.
Kensington Park is located at 7610 Lyndale Avenue South in Richfield.