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MARKET REPORT 02 2015 I OFFICE I MINNEAPOLIS -ST. PAUL
<br />BUILDING
<br />ADDRESS
<br />CITY
<br />BUYER
<br />SELLER
<br />SUBMARKET
<br />PRICE
<br />PRICE PSF
<br />SIZE
<br />510 Marquette
<br />510 Marquette
<br />Minneapolis
<br />Spear Street Capital
<br />Swervo
<br />Development
<br />Minneapolis CBD
<br />$37,036,216
<br />186
<br />198,700
<br />Building
<br />Ave
<br />Corporation
<br />Swervo
<br />Colwell Building
<br />123 N 3rd St
<br />Minneapolis
<br />Spear Street Capital
<br />Development
<br />Minneapolis CBD
<br />$34,986,643
<br />186
<br />187,704
<br />Corporation
<br />300 First Avenue
<br />Swervo
<br />North Office Building
<br />300 1st Ave N
<br />Minneapolis
<br />Spear Street Capital
<br />Development
<br />Minneapolis CBD
<br />$13,477,119
<br />186
<br />72,305
<br />Corporation
<br />Plymouth Corporate
<br />1405 Xenium Ln N
<br />Minneapolis
<br />Wildamere Proper-
<br />Carlson RE Co
<br />West
<br />$62,500,000
<br />99
<br />628,436
<br />Center
<br />ties LLC
<br />The Rosedale
<br />2685 Long Lake
<br />Rosedale
<br />Lone Star Funds
<br />Equity
<br />St. Paul Suburban
<br />$18,384,598
<br />115
<br />160,000
<br />Corporate Plaza
<br />Rd
<br />Commonwealth
<br />Capitol Office Bldg
<br />525 Park St
<br />Saint Paul
<br />Lone Star Funds
<br />Equity
<br />Commonwealth
<br />St. Paul CBD
<br />$6,858,524
<br />91
<br />75,309
<br />Superior Plaza
<br />1000 Shelard
<br />St. Louis
<br />Lone Star Funds
<br />Equity
<br />West
<br />$5,814,650
<br />91
<br />64,118
<br />Pkwy
<br />Park
<br />Commonwealth
<br />Willow Creek
<br />9800 Shelard
<br />Plymouth
<br />Lone Star Funds
<br />Equity
<br />Northwest
<br />$4,820,050
<br />103
<br />46,659
<br />Pkwy
<br />Commonwealth
<br />Plymouth Building
<br />12 S 6th St
<br />Minneapolis
<br />HRI Properties
<br />Heartland Realty
<br />Investors
<br />Minneapolis CBD
<br />$20,000,000
<br />77
<br />260,000
<br />Northco RE
<br />Associated Bank
<br />5353 Wayzata
<br />St. Louis
<br />Mark Vannelli JV
<br />Services JV
<br />West
<br />$14,650,000
<br />128
<br />114,620
<br />Building
<br />Blvd
<br />Park
<br />Walt Van Heest
<br />Navigator Real
<br />Estate
<br />fmr NWA HO
<br />2700 Lone Oak
<br />Saint Paul
<br />Excelsior Group
<br />Delta
<br />Airport/South of
<br />$10,400,000
<br />19
<br />550,000
<br />Pkwy
<br />the River
<br />Gateway Office
<br />350 W Burnsville
<br />Burnsville
<br />WH&H Realty Advi-
<br />Kraus -Anderson
<br />Airport/South of
<br />$9,250,000
<br />98
<br />94,521
<br />Plaza
<br />Pkwy
<br />sors
<br />the River
<br />Gateway Financial
<br />Center
<br />9800 Bren Road E
<br />Minnetonka
<br />Schadegg Property
<br />Transwestern
<br />Southwest
<br />$9,200,000
<br />131
<br />70,174
<br />Falcon Ridge
<br />fmr Carlson Cos
<br />12755 Hwy 55
<br />Plymouth
<br />Partners LLC JV
<br />Carlson RE Co
<br />West
<br />$7,000,000
<br />31
<br />228,000
<br />Argosy Real Estate
<br />Thresher Square
<br />E&W
<br />700 S 3rd St
<br />Minneapolis
<br />Sherman Associates
<br />IRET Properties
<br />Minneapolis CBD
<br />$7,000,000
<br />62
<br />113,736
<br />Eagle Point Office
<br />Blackhawk
<br />Center II
<br />8550 Hudson Blvd
<br />Lake Elmo
<br />The Dakota REIT
<br />Investment Group
<br />St. Paul Suburban
<br />$5,350,000
<br />175
<br />30,578
<br />LLC
<br />RasmCollege
<br />8301 93rd Ave N
<br />Brooklyn
<br />Goldridge Group LLP
<br />Retail of
<br />Northwest
<br />$4,800,000
<br />180
<br />26,660
<br />eussenCent
<br />AmeriPaoperties
<br />Carlson Center
<br />130 Cheshire Ln
<br />Minnetonka
<br />Weidner Apt Homes
<br />Lakes
<br />West
<br />$4,658,400
<br />72
<br />65,000
<br />East II
<br />Entertainment Inc
<br />Tamarack Hills F13
<br />659 Bielenberg Dr
<br />Woodbury
<br />Kannegiesser Farms
<br />Inc
<br />Northland
<br />Commercial
<br />St. Paul Suburban
<br />$4,300,000
<br />212
<br />20,288
<br />fmr Nate Clothing
<br />401 1st Ave N
<br />Minneapolis
<br />Swervo Development
<br />Corporation
<br />Wildamere
<br />Properties LLC
<br />Minneapolis CBD
<br />$4,150,000
<br />82
<br />50,544
<br />The Seville
<br />15 Glenwood Ave
<br />Minneapolis
<br />Rick's Cabaret Inter-
<br />national
<br />Dean Perlman
<br />Minneapolis CBD
<br />$4,000,000
<br />271
<br />14,760
<br />Midland Loan
<br />Curren Centre
<br />7616 Currell Blvd
<br />Woodbury
<br />Sara Investment
<br />Services OBO
<br />St. Paul Suburban
<br />$3,990,000
<br />91
<br />43,674
<br />BACM 2007-4
<br />Tamarack Hills - F12
<br />587 Bielenberg Dr
<br />Woodbury
<br />Norgen Group
<br />Northco RE
<br />Services
<br />St. Paul Suburban
<br />$3,800,000
<br />213
<br />17,816
<br />fmr Pioneer Press
<br />345 Cedar St
<br />Saint Paul
<br />Stencil Homes
<br />Digital First Media
<br />St. Paul CBD
<br />$3,500,000
<br />22
<br />162,300
<br />COLLIERS INTERNATIONAL I MINNEAPOLIS
<br />-ST. PAUL
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