Transwestern acquired the Minnesota Center office building at 7760 France Ave. S in Bloomington, MN from Miami-based LNR Property Corporation in an REO sale for $31.5 million, or about $114 per square foot.

The 14-story, 276,425-square-foot, 4-Star office building was constructed in 1987 on 4.4 acres in the I-494 Corridor submarket of Hennepin County.

The lender foreclosed in January 2012 with title transfer completed in July of that year…

from Minneapolis Commercial Real Estate News From CoStar Group http://ift.tt/1ln4ugB
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