CBRE Arranges Sale of 166,650 SF Flex Office Portfolio in Eden Prairie, Minnesota

EDEN PRAIRIE, MINN. — CBRE Capital Markets has arranged the sale of the Southwest Office/Tech portfolio in Eden Prairie, a southwestern suburb of Minneapolis, for an undisclosed price. The portfolio consists of three flex office buildings totaling 166,650 square feet: Edenvale Executive Center A & B and Valley Gate North. The buildings were constructed between 1986 and 1987. The portfolio is currently 82 percent occupied. Judd Welliver, Ryan Watts, Sonja Dusil and Tom Holtz of CBRE represented the undisclosed seller. Red Tail Acquisitions, a private real estate investment firm based in Irvine, Calif., purchased the portfolio.