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North & Northwest Suburbs commercial real estate deals in Minneapolis-St. Paul

9 publicly announced deals (9 sales, 0 leases) in the North & Northwest Suburbs sub-market, all weeks, newest first.

Industrial 3, Multifamily & Mixed-use 3, Retail 2, Other 1

Deal type

Asset classSub-market

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Oct 13
Two fully leased industrial buildings in Plymouth and Brooklyn Park
Buyer Sealy & Company, seller Nicola Wealth ($24.1M and $10.3M)

North & Northwest SuburbsSaleIndustrial306,418 SF; $112.26/SF$34.4MSource
Oct 13
Grove Square Plaza, Maple Grove (seven tenants)
Buyer Trautz Properties, seller Not disclosed

North & Northwest SuburbsSaleRetail27,557 SF$7.8MSource
Oct 7
New Hope warehouse (pasta production: Dakota Growers and Richardson International)
Buyer New Mountain Capital, seller Realty Income (paid $22.6M in 2023)

North & Northwest SuburbsSaleIndustrial175,555 SF$32.9MSource
Oct 5
Shoreview Hills, Shoreview (six buildings)
Buyer Artisan Capital Group, seller Not disclosed

North & Northwest SuburbsSaleMultifamily & Mixed-use240 units$25.35MSource
Oct 2
Woodland North Apartments, Coon Rapids (about 96% occupied; Bender's first Minnesota deal)
Buyer Bender Cos., seller Not disclosed

North & Northwest SuburbsSaleMultifamily & Mixed-use198 unitsNot disclosedSource
Sep 24
Fairway Apartments, Brooklyn Park (seller Weidner bought it for $25.5M in 2014)
Buyer GL Capital Partners (first Minnesota purchase), seller Weidner (per certificate of real estate value)

North & Northwest SuburbsSaleMultifamily & Mixed-use198 units$41.2MSource
Sep 23
Village of Blaine Shopping Center, Blaine
Buyer First Washington Realty affiliate, seller Pine Tree

North & Northwest SuburbsSaleRetail220,685 SF; $207.54/SF$45.8MSource
Sep 22
Two senior living properties: Maple Grove (158 units, $48M) and Oak Park Heights (62 units, $16.5M)
Buyer Evolve Senior Living (its fifth acquisition in a month), seller Not disclosed

North & Northwest SuburbsSaleOther220 units$64.5MSource
Sep 16
Three warehouses in Dayton and Shakopee (Dayton: $32.5M)
Buyer Nuveen, seller Not disclosed

North & Northwest SuburbsSaleIndustrial413,000 SF$49.2MSource

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