St. Louis-based Bianco Properties recently took over ownership of the Kohl’s department store in Burnsville, Minn.
The acquisition of the 102,412-square-foot freestanding retail building marks Bianco’s entry into the market.
The property was purchased in an all-cash transaction from an affiliate of Cole Real Estate Investments, with CBRE representing the seller.
Bianco Properties has acquired seven retail properties in the last 24 months, a total purchase valued at more than $60 million.
