COLLIERS COMPLETES $43.5 MILLION MULTIFAMILY SALE

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ST. PAUL, MINN. ¬— The Minneapolis/St. Paul office of Colliers Turley Martin Tucker has completed the sale of the Riverview at Upper Landing apartment community to Boston-based Intercontinental Real Estate Corp. Intercontinental acquired the property for $43.5 million on behalf of U.S. Real Estate Investment Fund LLC. Riverview at Upper Landing is a two-building, Class A community located at 400 Sprint St. in St. Paul that features 344 apartment units and 482 below-grade parking spots. Gina Dingman, James McCaffrey and Julie Lux of Colliers represented the seller, Prudential Real Estate Investors, in the transaction.

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