Spyglass Capital Partners Acquires Multifamily Asset In Brooklyn Park From The Doran Group For $112.85M

6717 Oak Grove Parkway is a multifamily property located in Brooklyn Park, MN. The sale price was $112,850,000, encompassing 480 units. The total square footage of the asset is 481,554, with a price per unit of $235,104 and a price per square foot of $234.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $112,850,000
• Units: 480
• Square Footage: 481,554
• Price Per Unit: $235,104
• Price Per Square Foot: $234
• Buyer: Spyglass Capital Partners
• Seller: The Doran Group
• Broker Representatives: Josh Talberg, Scott Loving, Ken Dayton, Pat McMullen, Joseph Peris - JLL
• Sale Date: 01/07/2025
• Market: Brooklyn Park, MN

The transaction was facilitated by a team of brokers from JLL, including Josh Talberg, Scott Loving, Ken Dayton, Pat McMullen, and Joseph Peris, representing the deal. This collaboration highlights the expertise involved in managing significant multifamily property transactions.