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AtWater Expands Their Footprint

MINNEAPOLIS-The Duluth-based firm wants a presence in the Twin Cities, and like many current buyers, they have purchased a medical office building

By Brian J. Rogal | Updated on April 29, 2013

MINNEAPOLIS- For the past few years, the AtWater Group has focused on building a footprint in the so-called Twin Ports region of Superior, Wisconsin and Duluth, Minnesota. However, this month, the development and investment firm has expanded into the Twin Cities by acquiring the Ridge Point Medical building at 14050 Nicollet Ave., South, in suburban Burnsville. The acquisition of the 38,000-square-foot Class B medical office building was completed on April 26. Earlier this month, AtWater also acquired the 82,000-square-foot Normandale Place, a Class B office building located at 8201 Norman Center Dr., in suburban Bloomington.

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