Marcus & Millichap Brokers $8.6M Sale of Shopping Center in Stillwater, Minnesota

by Christina Cannon

STILLWATER, MINN. — Marcus & Millichap has brokered the $8.6 million sale of an 82,436-square-foot shopping center in Stillwater, approximately 20 miles northeast of St. Paul. Valley Ridge Mall, located at 1250 Frontage Road West, was nearly 100 percent occupied at the time of sale and is home to 29 tenants. Adam Prins, Matthew Hazelton, Sean Doyle and Cory Villaume of Marcus & Millichap listed the property on behalf of the seller, a developer, and also secured the buyer, a private investor from outside Minnesota.

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