New Mountain Capital Buys 7300 36th Ave. N. (175,555 SF) in Minneapolis

SaleIndustrialNorth & Northwest Suburbs

Reported Oct 7, 2026 · Source: Finance & Commerce

Source: Finance & CommerceRead the full report at Finance & Commerce ↗

Deal details

Buyer
New Mountain Capital
Seller
Realty Income (paid $22.6M in 2023)
Price
$32.9M
Size
175,555 SF
Price per SF
$187 per SF (our calculation)
Asset class
Industrial
Transaction
Sale
Sub-market
North & Northwest Suburbs
Metro
Minneapolis-St. Paul
Reported date
Oct 7, 2026

Summary

The property, located at 7300 36th Ave. N. in New Hope, was sold by Realty Income Corp., an international investor that has over 280 properties in the state, per its website. New Mountain Capital bought a 175,555-square-foot New Hope warehouse for $32.9M, expanding the New York firm's Twin Cities real estate holdings.

Summarized from the article; the quoted lines below are from the article itself.

Source: Finance & Commerce

Read the full report at Finance & Commerce. What the article says:

  • Deal / Seller
    The property, located at 7300 36th Ave. N. in New Hope, was sold by Realty Income Corp., an international investor that has over 280 properties in the state, per its website.
  • Price / Size / Buyer
    New Mountain Capital bought a 175,555-square-foot New Hope warehouse for $32.9M, expanding the New York firm's Twin Cities real estate holdings.

Article date: 2026-10-07T21:19:09+00:00

Frequently asked questions

Who bought 7300 36th Ave. N.?
New Mountain Capital bought 7300 36th Ave. N. in North & Northwest Suburbs, Minneapolis, according to Finance & Commerce.
How much did 7300 36th Ave. N. sell for?
The reported price is $32.9M ($187 per SF, our calculation), per Finance & Commerce.
Who sold 7300 36th Ave. N.?
The seller was Realty Income, per Finance & Commerce.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.