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JLL Brokers Sell Canal Park Square Mixed-Use Redevelopment In Duluth For $8.5M

Property Image
SOLD
$8,500,000
Mox Gunderson
Josh Talberg
Dan Linnell
+ 2

Minnesota

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MultiFamily
Sold 08/30/2023
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Property Image
SOLD

JLL Brokers Sell Canal Park Square Mixed-Use Redevelopment In Duluth For $8.5M

302 South Lake Avenue

See Similar Deals
MultiFamily
Sold 08/30/2023
Mox Gunderson
Josh Talberg
Dan Linnell
+ 2
the dealplayerscompscontact
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Summary

MINNESOTA
Asset Type:MultiFamily
Transaction Type:Sale

Canal Park Square, a historic mixed-use redevelopment in Duluth, Minnesota, has been sold for $8.5 million. The property features 29 residential units and six retail spaces.

Summary of transation details

  • Property Type: MultiFamily
  • Transaction Amount: $8,500,000
  • Address: 302 South Lake Avenue, Duluth, MN
  • Market: Duluth, MN

JLL Capital Markets facilitated the successful sale of Canal Park Square. The brokers involved in this transaction were Adam Haydon, Dan Linnell, Devon Dvorak, Josh Talberg, and Mox Gunderson from JLL.

This sale marks an important milestone for Canal Park Square, a sought-after mixed-use development in Duluth. With its historic charm and prime location, this property offers both residential and commercial opportunities. The sale was carried out smoothly, thanks to the expertise and professionalism of JLL and their team of brokers.

Players

Josh Talberg
JLL
Josh Talberg
28 deals$1.3B volume(612) 217-6754
BROKER
Mox Gunderson
Colliers
Mox Gunderson
26 deals$1B volume
BROKER
Adam Haydon
Colliers
Adam Haydon
23 deals$888M volume
BROKER
Dan Linnell
Colliers
Dan Linnell
24 deals$924.2M volume
BROKER
Devon Dvorak
Colliers
Devon Dvorak
16 deals$518.5M volume
BROKER
SA
Sherman Associates
SELLER

Details

SOLD
IMAGE: Adam Haydon, Dan Linnell, Devon Dvorak, Josh Talberg & Mox Gunderson DATE: 08/30/2023 ADDRESS: 302 South Lake Avenue MARKET: Duluth, MN ASSET TYPE: MultiFamily SELLER: Sherman Associates BROKERS: Adam Haydon, Dan Linnell, Devon Dvorak, Josh Talberg & Mox Gunderson - JLL SALE PRICE: $8,500,000 NOTE: JLL Capital Markets has successfully concluded the $8.5 million sale of Canal Park Square, a historic mixed-use redevelopment featuring 29 homes and six retail spaces in Duluth, Minnesota.

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