Real Capital Solutions acquired 3701 Wayzata Boulevard for $34 million. This is a 308,681-square-foot Class-A office property in Minneapolis’ Urban West End neighborhood.
Situated on approximately 25.8 acres overlooking Brownie Lake and Cedar Lake, the nine-story office property is currently 99% leased and serves as the headquarters location for several established companies including Tactile Medical, SRF Consulting Group, Regis Corporation and MOBE.
Originally developed as a corporate headquarters campus for Prudential and later occupied by Target Corporation, the property underwent a comprehensive renovation and repositioning in 2019. Today, it offers an extensive amenity package that includes a fitness center, conference facilities, golf simulator, on-site café, outdoor gathering spaces, rooftop patio, bike storage and direct access to regional trail systems.
Located just west of downtown Minneapolis along the I-394 corridor, 3701 Wayzata sits at the entrance to the amenity-rich West End district and provides convenient access to major employment centers, retail, dining and recreation destinations throughout the Twin Cities.
The acquisition reflects RCS’ continued focus on scaling a repeatable investment strategy across select U.S. office markets, which include investments in Washington, D.C., Chicago, Cincinnati, Stamford, Jersey City and Dallas. Through targeted capital improvements, active asset management and tenant-focused operations, the company seeks to create long-term value in well-positioned assets.
