Fidelis Acquires Retail Property In Roseville, Minneapolis For $50.3M

Located at 2100 Snelling Ave N in Roseville, Minneapolis, this retail property was recently sold in a transaction worth $50,250,000. The property spans across 446,000 square feet, resulting in a price per square foot of $113. The sale took place on September 23, 2022, and involved Fidelis as the buyer and Gateway Washington as the seller.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $50,250,000
• Address: 2100 Snelling Ave N, Roseville, Minneapolis
• Square Footage: 446,000
• Price per Square Foot: $113

The buyer, Fidelis, was represented by Christian Williams, George Good, Robert Mahoney, Richard Frolik, Michael Kaider, Adam Foret, and James Leary from CBRE. On the other hand, Gateway Washington was represented by its own team, including Christian Williams, George Good, Robert Mahoney, Richard Frolik, Michael Kaider, Adam Foret, and James Leary from CBRE. The involvement of these brokers highlights their role in facilitating the transaction.