REBusinessOnline

Stan Johnson Co. Arranges $19M Sale of Retail Center in Bloomington, Minnesota

Fresh Thyme Farmers Market anchors Penn & American, a 58,531-square-foot retail center.

BLOOMINGTON, MINN. — Stan Johnson Co. has arranged the sale of Penn & American, a 58,531-square-foot retail center in Bloomington, for $19 million. Fresh Thyme Farmers Market anchors the center, which is located at 2100 W. 80th St. Tom Fritz, Brandon Duff, Matt Spangenberg and Mackenzie Wolfgram represented the seller, a Minneapolis-based developer. Wisconsin-based SARA Investment Real Estate was the buyer.

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