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Sun Life Buys 61,129-SF Shopping Center

EDINA, MN-The 61,129-sf Leisure Lane Shopping Center at 7101 France Ave. is fully leased. John Mulvihill represented Sun Life in negotiations with Tom O'Brien of Northstar Partners, who represented Leisure Lane Partners, LLP.

By Jim McCartney | Updated on July 06, 2004

EDINA, MN-Sun Life Financial has bought the 61,129-sf Leisure Lane Shopping Center at 7101 France Ave. from Leisure Lane Partners, LLP.The shopping center was built in 1972 and is now 100% leased to 19 tenants.

John Mulvihill, senior investment officer, negotiated the purchase of the property which will be held by Sun Life Financial as an investment. Tom O’Brien of Northstar Partners, an affiliate of Cushman and Wakefield, represented Leisure Lane. The sales price was not disclosed.

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