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900 Long Lake Road

Updated Sep 23, 2026

Hawkline 2 LLC Acquires 900 Long Lake Road Office Building In New Brighton For $9.19M
SOLDOffice

Hawkline 2 LLC Acquires 900 Long Lake Road Office Building In New Brighton For $9.19M

900 Long Lake Road

$9,185,722

$132/SF

Building Size

69,159 SF

Asset Type

Office

Closing

Sep 22, 2026

About this deal

AI

The office building located at 900 Long Lake Road in New Brighton, MN, was sold for $9,185,722. The property encompasses 69,159 square feet and sits on 4.27 acres. This Class B asset was built in 1989 and was purchased through a 1031 exchange that finalized on September 18.

Summary of transaction details:

The transaction was represented by brokers Avery Ticer, Ryan Hampson, and Aaron Barnard, who facilitated the sale of the office property between Hawkline 2 LLC and Long Lake Executive Center LLC. The deal was completed on September 22, 2026, following the 1031 exchange arrangement.

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$9,185,722

$132/SF

Office

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Players

Avery Ticer

Cushman & Wakefield

Broker

$53.6M

vol

5 deals

Broker

Saint Paul Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $132 per square foot on a published $9.2M for 69,159 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.73%

Cash-on-Cash

-0.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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