CAS Properties LLC Acquires South Pond Center Retail In Champlin For $7.288M From Wallingford Properties Co

The property asset involved in this transaction is a retail center located at 11231-11223 Aquila Drive North, Champlin, MN. CAS Properties LLC acquired the retail space, which spans 12,100 square feet, for a total price of $7,288,000. The transaction occurred on May 1, 2026, and the property is situated on a lot size of 0.69 acres.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $7,288,000
• Sale Date: 05/01/2026
• Address: 11231-11223 Aquila Drive North
• Market: Champlin, MN
• Square Footage: 12,100
• Price Per Square Foot: $602
• Buyer: CAS Properties LLC
• Seller: Michael D. Benson - Wallingford Properties Co.
• Brokers: AJ Prins & Sean Doyle - CBRE

This transaction highlights the involvement of CAS Properties LLC, which secured the retail center in an off-market deal from Champlin Ventures LLC, an affiliate of Wallingford Properties Co. The brokers, AJ Prins and Sean Doyle from CBRE, represented the seller and facilitated the sourcing of the buyer in this fully leased retail center transaction.