Hunt Electric Corporation acquired the industrial building at 7900 Chicago Ave. in Bloomington, MN from Bloomington JAR LLC for $6.4 million, or about $40 per square foot. The single-story, 160,710-square-foot distribution building was constructed in 1964 on 7.8 acres in the South Central submarket of Hennepin County. David Stokes of Cassidy Turley represented the buyer. […]

Dayco Concrete Company, Inc. acquired the Chanhassen Contractor Showroom at 2959-2995 Water Tower Pl. in Chanhassen, MN from Watertower Partners LLC for $3.9 million, or about $71 per square foot. The single-story, 55,180-square-foot flex building was constructed in 1998 in the Southwest Industrial submarket of Carver County. Peter Kordonowy of Summerhill Commerical Real Estate LLC […]

Hunt Electric Corporation acquired the industrial building at 7900 Chicago Ave. in Bloomington, MN from Bloomington JAR LLC for $6.4 million, or about $40 per square foot. The single-story, 160,710-square-foot distribution building was constructed in 1964 on 7.8 acres in the South Central submarket of Hennepin County. David Stokes of Cassidy Turley represented the buyer. […]

Life Time Fitness Inc. has initiated a process to explore a potential conversion of real estate assets into a real estate investment trust (REIT). The Chanhassen, MN-based operator of 112 health fitness centers across the country said its board of directors believes that a REIT conversion could provide substantial benefits to given its significant real […]

Dayton Freight Lines, Inc. acquired the distribution facility at 2560 Long Lake Rd. in Roseville, MN for $6.6 million, or about $143 per square foot, from Western Resources LLC. The property sits on two parcels totaling approximately 10 acres in Ramsey County. The tenant, FedEx, signed a triple-net lease that expires next year. No brokers […]