New Mountain Capital Buys New Hope warehouse (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

Finance & Commerce reported on Oct 7, 2026 that New Mountain Capital bought property in North & Northwest Suburbs, Minneapolis (listed as “New Hope warehouse”; 175,555 SF) from Realty Income, at a reported price of $32.9M. We opened the original article but could not confirm this deal's details in it, so details beyond the headline aren't confirmed.

Source: Finance & Commerce

Read the full report at Finance & Commerce.

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