Edgewood REIT Acquires Twin Lakes Corporate Center II Office In Roseville For $9.3M

The property involved in the transaction is located at 2720 Arthur Street in Roseville, MN. Edgewood REIT has acquired the asset for $9,300,000, corresponding to approximately $123 per square foot. The total area of the property is 75,904 square feet and it features a vacancy rate of about 8% along with two dock doors.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $9,300,000
• Buyer: Edgewood REIT
• Seller: Property Resources Group
• Sale Date: 12/03/2025
• Address: 2720 Arthur Street
• Market: Roseville, MN
• Square Footage: 75,904
• Price per Square Foot: $123
• Vacancy Rate: 8%
• Dock Doors: 2

The transaction involved Edgewood REIT acquiring the property from Property Resources Group, marking a significant increase in price from its previous sale in 2017, when it sold for $6.4 million. The property includes tenants such as Arden’s Electric, Choice Electricians, and Option Care Health.