Hennepin Real Estate LLC Acquires Industrial Property On East Hennepin Avenue For $4.15M

Hennepin Real Estate LLC has acquired an industrial property located at 2205-2211 East Hennepin Avenue in Minneapolis, MN. The property, which spans 40,000 square feet, was purchased from FJM Merced Associates LP for a total sale price of $4,150,000, corresponding to a price per square foot of $104.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $4,150,000
• Address: 2205-2211 East Hennepin Avenue
• Market: Minneapolis, MN
• Square Footage: 40,000
• Buyer: Hennepin Real Estate LLC
• Seller: FJM Merced Associates LP

Hennepin Real Estate LLC, an investment entity associated with the private owner of Steven Cabinets in Minneapolis, completed the acquisition of the industrial property for $4.15 million.