Office investors are following closely the pending sale of 50 South 10th Street in downtown Minneapolis, with the property expecting to set a new post-recession price per square foot record. The 450,000-square-foot building, listed by Franklin Street Properties, could sell for close to $300 per square foot, or about $135 million. This would outpace recent CBD office sales in the city by more than $100 per square foot, according to data from Real Capital Analytics.
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Jul 03, 2014 - Samantha Rowan
Although it’s not quite hurricane season, JLL is issuing a call to action for tenants and property managers to be on top of emergency preparedness.
Jun 26, 2014 - Samantha Rowan
A joint venture between Oak Coast Properties and Redhill Realty has acquired One Dartmouth Place Apartments, a 418-unit apartment complex in Denver.
More borrowers are expected to tap the commercial mortgage-backed securities market to refinance existing CMBS 2.0 loans as property values continue to rise.
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