Olympus Properties acquired the Charles Avenue Apartments at 1598-1618 Charles Ave. in Saint Paul, MN from Halverson and Blaiser Group for $2.73 million, or about $61,000 per unit The three-story, 37,764-square-foot multifamily building was constructed in 1919 in the Hamline-Midway submarket of Ramsey County. The 45 units were fully occupied at the time of sale. […]

A private investor acquired the Days Inn at 7851 Normandale Blvd. in Minneapolis, MN from Gangl Hospitality LLC for $4.2 million, or about $30,000 per key. The two-story, 98,217-square-foot hospitality building was constructed in 1963 on four acres in the I-494 Corridor submarket of Hennepin County. Corey Stender with Timm & Associates, Inc. represented the […]

Laboda Properties acquired the Grand Pre East apartment building at 215 County Road B2 E. in Little Canada, MN from Ted Glasrud Associates, Inc. for $19.45 million, or approximately $77,500 per unit. The three-story, 205,591-square-foot, multifamily property was built in 1972 in the Ramsey County submarket of Minneapolis / St. Paul. The 251 apartments are […]

It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: Chicago, Atlanta, Houston, San Francisco, Washington DC, Columbus, Dallas / Ft Worth, New York City, Portland, Jacksonville, Denver, Greenville / Spartanburg, and Northern New Jersey. CHICAGO Baker […]

Weidner Apartment Homes acquired the 119-unit Vue apartment building at 415 Oak Grove St. in Minneapolis, MN from Continental Property Group for $30.75 million, or about $258,000 per unit. Construction completed on this new aparment complex in 2013 located in the Loring Park submarket. It totals 130,000 square feet, and is 93% occupied. Abe Appert […]