Timber Development Corp Sells Joshua Plaza Retail Center In Minot For $4.1M

The asset involved in the transaction is a retail center located at 301 40th Ave Sw in Minot, ND. This property, known as Joshua Plaza, was developed by Timber Development Corp in 2004 and encompasses a total square footage of 36,800. The sale price for the property was $4,100,000, resulting in a price per square foot of $111.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,100,000
• Address: 301 40th Ave Sw
• Market: Minot, ND
• Asset Size: 36,800 SF
• Price per Square Foot: $111
• Seller: Timber Development Corp
• Broker Representatives: Eric Abbott & Zachary (Zach) Taylor - Marcus & Millichap

Marcus & Millichap successfully brokered the transaction, marking the sale of Joshua Plaza. The involved broker representatives, Eric Abbott and Zachary (Zach) Taylor, played a significant role in facilitating this transaction on behalf of Timber Development Corp.