Westside Business Park, 800 South 5th Street, Hopkins, MN
MINNEAPOLIS, MN—A joint venture between Artemis Real Estate Partners and Eagle Ridge Partners is acquiring a Twin Cities four-property corporate office portfolio totaling 374,942 square feet.
Judd Welliver, Ryan Watts, Sonja Dusil, and Tom Holtz in CBRE's Minneapolis office represented the seller, Greenfield Partners, a Westport, CT-based private real estate fund. The sale closed November 6, 2018. The price was not disclosed.
The portfolio includes well-located suburban office warehouse properties in Golden Valley and Hopkins. The portfolio was 93-percent occupied at the time of sale.
The portfolio includes:
- Golden Hills Business Park I, II & III, 5900-6105 Golden Hills Drive, Golden Hills, MN
- Westside Business Park, 800 South 5th Street, Hopkins, MN
Washington, DC-based Artemis Real Estate Partners invests with local operating partners, both established and emerging, in multifamily, office, industrial, retail, hotel, medical office and senior housing across opportunistic, value added and enhanced core strategies.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
