SOLD
Encompass Properties Acquires Shady Oak Business Center Industrial Buildings In Eden Prairie For $13.5M
10321 West 70th Street, 10333 West 70th Street & 10391 West 70th Street
Industrial
Sold 259 days ago
Summary
Sale
MINNESOTA
Industrial
Eagle Ridge Partners and BLG Capital Advisors have sold three industrial buildings in Eden Prairie to Encompass Properties for about $13.5 million. The buildings are part of the Shady Oak Business Center and are 94% occupied. The sale was made as part of a growth strategy for Encompass Properties' parent company, Pin High Holdings.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $13,500,000
- Address: 10321 West 70th Street, 10333 West 70th Street & 10391 West 70th Street
- Market: Eden Prairie, Minnesota
The buyer of the industrial buildings is Encompass Properties, represented by Paul Buchmayer. The seller is Eagle Ridge Partners, with Kristin Myhre and BLG Capital Advisors as the representatives. The brokers involved in the deal are Judd Welliver and Bentley Smith from CBRE.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Kristin Myhre, Paul Buchmayer, Bentley Smith & Judd Welliver
DATE: 08/11/2023
ADDRESS: 10321 West 70th Street, 10333 West 70th Street & 10391 West 70th Street
MARKET: Eden Prairie, Minnesota
ASSET TYPE: Industrial
BUYER: Encompass Properties - Paul Buchmayer
SELLER: Eagle Ridge Partners - Kristin Myhre; BLG Capital Advisors
BROKERS: Judd Welliver & Bentley Smith - CBRE
SALE PRICE: $13,500,000
NOTE: Eagle Ridge Partners and BLG Capital Advisors have sold three industrial buildings in Eden Prairie to Encompass Properties for about $13.5 million. The buildings are part of the Shady Oak Business Center and are 94% occupied, purchased as part of a growth strategy for parent company Pin High Holdings.View on map
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Address10321 West 70th Street, 10333 West 70th Street & 10391 West 70th Street
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