Sara Investment Buys Crown Center Buildings

MINNEAPOLIS—Northeast Minneapolis has become one of the more vibrant sections of the city, home to redeveloped warehouse and industrial buildings that now house art galleries, shops, restaurants and offices. And Sara Investment Real Estate, LLC, a Madison, WI-based company, has just established a foothold in the neighborhood by buying the Crown/Frost buildings in the Crown Center complex, a former factory where airplane components were manufactured in WWII. The price was not disclosed.

“It’s a district with a cool vibe, filled with diverse people,” a Sara official tells GlobeSt.com. “Entrepreneurs and business owners have made it a destination for entertainment as well as business. It’s a great location for our firm to have a presence.”