Real Capital Solutions Acquires 3701 Wayzata Boulevard Office Building In Minneapolis For $34M

Real Capital Solutions (RCS) acquired a 308,681-square-foot office building located at 3701 Wayzata Boulevard in Minneapolis, MN, for $34 million. The property spans 25.8 acres and is 99% leased, previously serving as a headquarters site for Prudential and Target. It features nine stories and functions as a multi-tenant office hub, providing significant amenities with strong access to the I-394 corridor and downtown Minneapolis.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $34,000,000
• Address: 3701 Wayzata Boulevard
• Market: Minneapolis, MN
• Square Footage: 308,681
• Price per Square Foot: $110
• Acres: 25.8
• Buyer: Real Capital Solutions (RCS)

The transaction highlights the involvement of Real Capital Solutions as the buyer. The acquisition reflects a strategic investment in a premier office space situated in a notable area with robust leasing strength and amenities.