Search
 

Edinborough Corporate Center Gets New Owner

EDINA, MN-A Denver-based investment firm has bought the Edinborough Corporate Center, a seven-story Class A office tower in Edina.

By GlobeSt News Hub | Updated on December 19, 2012

EDINA, MN-A Denver-based investment firm has bought the Edinborough Corporate Center, a seven-story Class A office tower in Edina. Lakewood, Colorado-based Alliance Commercial Partners acquired the 101,000-square-foot office building from an affiliate of Glendale, California-based American Realty Advisors (ARA).

Terms of the deal were not revealed, but sources said that the investment firm paid nearly $10.5 million. The building, located at 3300 Edinborough Way, is nearly 84% leased. ARA was assisted in the sale by CBRE Group’s Bloomington office. For the full story, go to Minneapolis/St. Paul Business Journal .

GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

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

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.