BLOOMINGTON, MN - Cushman & Wakefield/NorthMarq represented CBRE Global Investors in the sale of France Place to Frauenshuh Cos. Terms of the sale were not disclosed.

France Place is a nine-story, 204,245 square foot office building located at 3601 Minnesota Dr., just off France Avenue South. It houses such tenants as Jostens, Bank of America, Waddell & Reed, All State Insurance, and Charles Schwab. The sale closed on Jan. 11. Scott Pollock, executive director at C&W/NorthMarq, and his team worked with CBRE Global Investors, who managed the sale on behalf of the Orange County Retirement System, Santa Ana, CA. The property was owned by France Place Corp. In addition to Pollock, C&W/NorthMarq's John McCarthy, executive director and Larissa Champeau, associate, worked with CBRE. This is the second recent sale that C&W/NorthMarq has secured with Frauenshuh. C&W/NorthMarq represented Principal Real Estate Investors in the sale of Southdale Square, 2900 W. 66th St. in Richfield, to Frauenshuh, which closed on Nov. 27, 2012.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.