CBRE Brokers Sale of 833,193 SF Industrial Portfolio in Metro Minneapolis

by Kristin Harlow

MINNEAPOLIS — CBRE Capital Markets has brokered the sale of an 833,193-square-foot industrial portfolio in metro Minneapolis for an undisclosed price. The 11-building portfolio was 87 percent occupied by 45 tenants at the time of sale. The properties include: Kasota Industrial Center I & II in Minneapolis; Edina Twins North & South in Edina; Washington Square North & South in Eden Prairie; Midwest Business Center in Plymouth; Shingle Creek Commerce Center I & II in Brooklyn Center; Timberland North IV in Brooklyn Park; and 11100 Jefferson Building in Champlin. Judd Welliver, Ryan Watts, Sonja Dusil and Tom Holtz of CBRE represented the seller, Tryperion Partners. The buyer is a joint venture between Investcorp and Capital Partners LLP.

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