KBS Realty Advisors has acquired the 465,168-square-foot office complex at 3500 – 3600 American Blvd. W in Bloomington, MN from United Properties for $51 million, or about $110 per square foot.

The LEED-EB Silver-certified twin office towers were built in 1979 and 1982 on 13 acres in the I-494 Corridor submarket of Hennepin County. Collectively known as the Northland Executive Office Center, the two buildings rise seven stories, and were 89 percent…

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