ACKERBERG is pleased to announce that they have acquired three office properties totaling over 170,000 square feet.
– Edina Business Plaza, a three-story 84,380 square foot office building located at 7550 France Avenue in Edina, Minnesota.
– 811 Glenwood is a three-story, 46,510 square foot building located in the West Loop sub-market of the Harrison neighborhood in Minneapolis.
– 1400 Van Buren is a two-story, 39,845 square foot office building in the Broadway & Central submarket of the Logan Park neighborhood in Northeast Minneapolis.
Edina Business Center is located on the northwest corner of France Avenue and 76th Street West and is surrounded by an abundance of walkable retail.
“Edina Business Plaza is a high-quality, well-maintained office building with a very strong location on the France Avenue corridor. The largest tenant in the building is Coldwell Banker Burnet and we are excited to be their landlord at another property in Minneapolis,” said Stuart Ackerberg, Chief Executive Officer of ACKERBERG.
“This location has served us well for 25 years. We have enjoyed the central location for our support team and corporate offices and are proud of the national success of our sales office which chares this location and services in this important southwest community,” said Matthew Baker, President of Coldwell Banker Burnet.
The Edina Business Plaza seller was represented by Peter Tanis with Newmark Night Frank.
“The 811 Glenwood Building’s West Loop neighrborhood location is an emerging market that will only continue to get stronger over time as more development occurs in the neighborhood and believe it is a very attractive option relative to the North Loop,” said Ackerberg. “The Van Buren Building is a classic brick and timber building. We’re excited to add another excellent co-working operator in Fueled Collective to our portfolio to complement WeWork, a tenant in our MoZaic East property,” Ackerberg added.
First & First, the seller for 811 Glenwood and 1400 Van Buren, was represented by Steve Buss with Jones Lang LaSalle.
