Condor Corp. paid $41 million last week for a 281-unit apartment complex in Eagan. The deal was the second largest apartment sale in the Twin Cities this year, according to a press release from CBRE Group. CBRE Group brokered the sale on behalf of the seller, Hartford, Conn.-based Cornerstone Real Estate Advisers, which acquired the 1997-built property in 2005 for $43.43 million. Keith Collins, Abe Appert and Laura Hanneman represented the seller in the deal. Eagan-based Condor owns and ...
NREIonline.com Freemium Content
"Local Group Pays $41M for Eagan Apartment Complex" is FREE to access as a registered user on NREIonline.com.
Why Register for NREIonline? It's simple and free, and here is what you get:
- Access to leading real estate industry research.
- Interactive rankings of commercial real estate professionals.
- Submit your own articles, (if approved) which will appear around the site.
- Ability to comment and interact on all site content.