First Washington Realty Buys Village of Blaine Shopping Center (220,685 SF) in Minneapolis

Reported Sep 23, 2026 · Source: CRE News

Source: CRE NewsRead the full report at CRE News ↗

Deal details

Buyer
First Washington Realty affiliate
Seller
Pine Tree
Price
$45.8M
Size
220,685 SF; $207.54/SF
Price per SF
$208 per SF (our calculation)
Asset class
Retail
Transaction
Sale
Sub-market
North & Northwest Suburbs
Metro
Minneapolis-St. Paul
Reported date
Sep 23, 2026

Summary

Village of Blaine Shopping Center is a retail sale in North & Northwest Suburbs, Minneapolis-St. Paul. Other details we have: buyer First Washington Realty affiliate; seller Pine Tree; price $45.8M; size 220,685 SF; $207.54/SF. CRE News reports: “Minneapolis / St. Paul Business Journal An affiliate of First Washington Realty has paid $45.8 million, or $207.54/sf, for the 220,685-square-foot Village of Blaine Shopping Center in Blaine, Minn., about 16 miles north of Minneapolis. The Bethesda, Md., company purchased the property from Pine…”

Quoted from the article; the other facts come from our own deal listing.

Source: CRE News

Read the full report at CRE News. What the article says:

  • Deal / Price / Size / Seller
    Minneapolis / St. Paul Business Journal An affiliate of First Washington Realty has paid $45.8 million, or $207.54/sf, for the 220,685-square-foot Village of Blaine Shopping Center in Blaine, Minn., about 16 miles north of Minneapolis. The Bethesda, Md., company purchased the property from Pine Tree of Northbrook, Ill., which had paid $34 million for it […]

Article date: 2026-09-23T20:57:23+00:00

Quick answers

Who bought Village of Blaine Shopping Center?
First Washington Realty bought Village of Blaine Shopping Center in North & Northwest Suburbs, Minneapolis, according to CRE News.
How much did Village of Blaine Shopping Center sell for?
The reported price is $45.8M ($208 per SF, our calculation), per CRE News.
How big is Village of Blaine Shopping Center?
220,685 SF; $207.54/SF, as listed from the source.
When was this sale reported?
Reported Sep 23, 2026 by CRE News.

Related deals in North & Northwest Suburbs

All North & Northwest Suburbs deals · More retail deals in Minneapolis · Minneapolis-St. Paul: this week and archive

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