Minneapolis, MN – November 7, 2018 – CBRE Capital Markets has arranged the sale of a Twin Cities four-property corporate office portfolio totaling 374,942 square feet to a joint venture between Artemis Real Estate Partners and Eagle Ridge Partners.
Judd Welliver, Ryan Watts, Sonja Dusil, and Tom Holtz in CBRE’s Minneapolis office represented the seller, a private real estate fund. The sale closed November 6, 2018.
The portfolio includes well-located suburban office warehouse properties in Golden Valley and Hopkins, with a high-degree of office finish. The portfolio was 93 percent occupied at the time of sale.
The full list of properties in the portfolio includes:
• Golden Hills Business Park I, II & III, 5900-6105 Golden Hills Drive, Golden Hills, MN
• Westside Business Park, 800 South 5th Street, Hopkins, MN
Judd Welliver, Ryan Watts, Sonja Dusil, and Tom Holtz in CBRE’s Minneapolis office represented the seller, a private real estate fund. The sale closed November 6, 2018.
The portfolio includes well-located suburban office warehouse properties in Golden Valley and Hopkins, with a high-degree of office finish. The portfolio was 93 percent occupied at the time of sale.
The full list of properties in the portfolio includes:
• Golden Hills Business Park I, II & III, 5900-6105 Golden Hills Drive, Golden Hills, MN
• Westside Business Park, 800 South 5th Street, Hopkins, MN
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
