Laurus Corporation acquired two medical office buildings at Woodlake Center from AREA Property Partners for $20.3 million, or about $106 per square foot.

The deal totals 190,714 square feet and includes 407 W. 66th St. and 6601-6625 S. Lyndale Ave. in Richfield, MN. The properties were built on 4.5 acres in 1994 and 2000 in the I-494 Corridor submarket of Hennepin County. The portfolio’s occupancy was roughly 64 percent, with several tenants in…

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