REBusinessOnline

COLDWELL BANKER COMMERCIAL FIRST REALTY-ENCORE BROKERS OFFICE SALE

CROOKSTON, MINN. — Coldwell Banker Commercial First Realty-Encore has brokered the sale of a 49,463-square-foot office building located at 23616 U.S. Highway 2 SW in Crookston. Riverview LLC has acquired the property, which was valued at $1.8 million, from The Sisters of St. Joseph of Medaille. The facility was formerly a novitiate, junior college, convent and retirement home. Riverview LLC will lease the building to a local hospital for its drug and alcohol treatment center, which will contain 52 beds and 156 acres of outdoor recreation space. Scott Hildre and Dennis Olson of Coldwell Banker represented the seller in the transaction.

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