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Black Gate Partners Acquires Retail Center In Richfield MN From Solomon Real Estate For $6.8M

Property Image
SOLD
$6,800,000
Amy Senn
Bryce Thompson
+ 1

Minnesota

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Retail56,270 SF
Sold 11/19/2025
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Property Image
SOLD

Black Gate Partners Acquires Retail Center In Richfield MN From Solomon Real Estate For $6.8M

7600 Lyndale Avenue South & 7620 Lyndale Avenue South

See Similar Deals
Retail56,270 SF
Sold 11/19/2025
Amy Senn
Bryce Thompson
+ 1
Contact now

Summary

MINNESOTA
Asset Type:Retail
Price Per Square Foot:$120
Total Square Footage:56,270 SF
Transaction Type:Sale

The retail center located at 7600-7620 Lyndale Avenue South in Richfield, MN features a total area of 28,135 square feet. The asset was sold for a total of $6,800,000, resulting in a price per square foot of $242. The center is anchored by long-tenured tenants including Chipotle, Noodles & Company, Potbelly, and Sarpino’s Pizza, and is situated within a dense, high-income trade area.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $6,800,000
  • Sale Date: 11/19/2025
  • Address: 7600-7620 Lyndale Avenue South
  • Market: Richfield, MN
  • Square Footage: 28,135
  • Price per Square Foot: $242
  • Buyer: Black Gate Partners
  • Seller: Solomon Real Estate
  • Brokers: Amy Senn, Bryce Thompson, Joe Girardi & Eric Geskermann - Mid-America Real Estate Group

The transaction was facilitated by Mid-America Real Estate, with four brokers representing the seller, Solomon Real Estate. The property was acquired by Black Gate Partners, marking a significant retail investment in the area.

Players

Joe Girardi
14 deals$398.6M volume
BROKER

Amy Senn
Mid-America Real Estate Group
5 deals$37.5M volume(651) 983-4861
BROKER

Bryce Thompson
Mid-America Real Estate Group
4 deals$27.2M volume
BROKER


Mid-America Real Estate Group
BROKERAGE

Details

SOLD
IMAGE: 11/19/2025 ADDRESS: 7600-7620 Lyndale Avenue South MARKET: Richfield, MN ASSET TYPE: Retail BUYER: Black Gate Partners SELLER: Solomon Real Estate BROKERS: Amy Senn, Bryce Thompson, Joe Girardi & Eric Geskermann - Mid-America Real Estate Group SALE PRICE: $6,800,000 SF: 28,135 ~ PPSF: $242 NOTE: Mid-America Real Estate brokered the $6.8M sale of Kensington Park, a 28,135-sf retail center in Richfield, MN, anchored by long-tenured tenants like Chipotle, Noodles & Company, Potbelly, and Sarpino’s Pizza. Amy Senn, Bryce Thompson, Joe Girardi, and Eric Geskermann represented seller Solomon Real Estate, while buyer Black Gate Partners acquired the property in a dense, high-income trade area.

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