Marissa Loa Acquires Retail Property In Saint Louis Park For $9.5M

The retail property located at 7200 Cedar Lake Rd. in Saint Louis Park has been sold for a total of $9,495,000. The property spans a total area of 17,550 square feet, resulting in a price per square foot of $541.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $9,495,000
• Address: 7200 Cedar Lake Rd., Saint Louis Park
• Market: Saint Louis Park

The buyer of the property is Marissa Loa, while the seller is Larry Hoffberg. The transaction was facilitated by brokers Leor Binshtock and Jake Zacuto, who both represented the Zacuto Group.