SOLD
Trautz Properties Inc Acquires Northtown Retail Center In Blaine For $4.7M
599 Northtown Drive Northeast
Retail
10,034 SF
10,034 SF
Sold 48 days ago
Summary
Sale
MINNESOTA
Retail
10,034 sqft
The Northtown Retail Center, a fully leased 10,034-square-foot retail property located at 599 Northtown Drive Northeast in Blaine, MN, was sold for $4.7 million. The asset was acquired by Trautz Properties Inc from 4th Dimension Properties in a recent transaction.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,700,000
- SF: 10,034
- PPSF: $468
- Address: 599 Northtown Drive Northeast
- Market: Blaine, MN
- Buyer: Trautz Properties Inc
- Seller: 4th Dimension Properties
Amy Senn, Bryce Thompson, and Mark Robinson of Mid-America Real Estate Group represented the buyer, Trautz Properties Inc, in the transaction. On the seller's side, Greg Zimmerman and Marc Mandell from Forged Real Estate facilitated the deal, ensuring a successful transfer of ownership for the Northtown Retail Center.
Players
All
7
Agents
5
Agencies
2
Details
SOLD
IMAGE: 03/19/2024
ADDRESS: 599 Northtown Drive Northeast
MARKET: Blaine, MN
ASSET TYPE: Retail
BUYER: Trautz Properties Inc
SELLER: 4th Dimension Properties
BUYER'S REP: Amy Senn, Bryce Thompson & Mark Robinson - Mid-America Real Estate Group
SELLER'S REP: Greg Zimmerman & Marc Mandell - Forged Real Estate
SALE PRICE: $4,700,000
SF: 10,034 ~ PPSF: $468
NOTE: Northtown Retail Center, a fully leased 10,034-square-foot retail center adjacent to Northtown Mall in Blaine, sells for $4.7 million, with Edina-based Trautz Properties Inc. acquiring the property from 4th Dimension Properties.View on map
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Address599 Northtown Drive Northeast
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