BIANCO PROPERTIES ACQUIRES MINNEAPOLIS KOHL’S PROPERTY

BURNSVILLE, MINN. — St. Louis-based Bianco Properties has acquired the property leased to Kohl’s department store in Burnsville, a suburb of Minneapolis. The acquisition of the 102,412-square-foot retail building marks Bianco’s entry into the market. The property was purchased in an all-cash transaction from an affiliate of Cole Real Estate Investments, with CB Richard Ellis representing the seller.