Capital Partners LLP Acquires Medical Office & Industrial Property In Sonneberg Minnesota For $14.8M

A medical office and industrial property located at 2200 University Ave. W in Sonneberg, Minnesota has been sold for a price of $14,800,000. The property spans a total of 84,150 square feet, resulting in a price per square foot of $176. The sale was completed on January 23, 2022.

Summary of transation details

• Property Type: Medical Office & Industrail
• Transaction Amount: $14,800,000
• Address: 2200 University Ave. W, Sonneberg, Minnesota
• Market: Sonneberg Minnesota

The buyer of the property is Capital Partners LLP, while the seller is Essjay Investments. The deal was facilitated by the brokers Judd Welliver, Sonja Dusil, Ryan Watts, Bentley Smith, and Tom Holtz from CBRE.