Kraus-Anderson Copmanies, Inc. and Ellion Real Estate Investments purchased the City Place campus at 8500 State Farm Way in Woodbury, MN for $12 million, or about $29 per square foot, from State Farm Mutual Automobile Insurance Company.
The mixed-use business campus is zoned GW and located on 100 acres in Washington County. The property is currently vacant.
Dan Gleason and Pete Rand of Cushman & Wakefield / NorthMarq and Tom Stella of Northmarq…
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