JLL recently facilitated the sale of two multifamily properties in the Twin Cities area. The first property, Southdale Parc Apartments, is a 69-unit complex located in Richfield, Minnesota. The second property, Wingate Apartments, consists of 136 units and is situated in New Hope.
The seller for both properties was Centerspace while JLL acted as the broker and successfully connected with local private investors to secure buyers. Leading this transaction were JLL’s Managing Directors Dan Linnell, Mox Gunderson and Josh Talberg along with Senior Director Adam Haydon and Director Devon Dvorak from their Capital Markets Investment Sales Advisory team.
Southdale Parc Apartments was built in 1962 and is conveniently located at 2720 W.66th St on the border between Richfield and Edina suburbs. This well-maintained property offers one-bedroom units equipped with modern kitchens and spacious closets along with convenient on-site laundry facilities.
Wingate Apartments was constructed in 1967 within Minnesota’s renowned Medical Valley at its address:7700-49th Avenue North . With easy access to Minneapolis , St.Paul ,and Northwest suburbs via Metro Transit Blue Line extension,this location makes it an attractive investment opportunity for potential buyers .
This recent deal marks another successful transaction by JLL’s expert team who continue to deliver exceptional results for their clients without mentioning any specific regions or brands.
