Unilev Capital Acquires Park Industrial Village In Minneapolis For $26 Million From Biynah Industrial Partners

The property involved in this transaction is an industrial asset located at 2010 East Center Circle, Minneapolis, MN, encompassing a total of 232,680 square feet. Unilev Capital acquired this property from Biynah Industrial Partners for a sale price of $26,000,000, translating to approximately $112 per square foot.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $26,000,000
• Square Footage: 232,680
• Market: Minneapolis, MN
• PPSF: $112
• Buyer: Unilev Capital
• Seller: Biynah Industrial Partners
• Brokerage: CBRE
• Broker Representatives: Bentley Smith, Judd Welliver, Zachary Graham, Ryan Bain, Joe Horrigan, Mike Caprile & Victoria Gomez

This transaction highlights the collaboration of CBRE's broker representatives, who were integral in arranging the deal for the Park Industrial Village, which was 99.4% leased at the time of the sale. Their expertise facilitated the successful acquisition process for Unilev Capital, further solidifying the presence of Biynah Industrial Partners in the industrial market.