In another sign of out-of-state interest in the Twin Cities office market, PWA Real Estate closed Sept. 26 on the purchase of the 235,000-square-foot office tower in Bloomington.
Riverview Office Tower sells for $29M
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Zell expects REIT consolidation in next 20 years
Billionaire investor Sam Zell said there are too many of the publicly traded property companies in the market.
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Normandale sale comes in at $369 million
The sale is a new record high amount paid for an office property in the Minneapolis-St. Paul area.
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Billionaire Zell pledges $60M to University of Michigan
The pledge to the Samuel Zell & Robert Lurie Institute for Entrepreneurial Studies includes a $10 million fund that will invest in student business ventures.
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