A California investment company and a local private equity group overcame “tremendous bidding activity” to cinch the $18.6 million deal for the Baker Technology Plaza in Minnetonka. Los Angeles-based Tryperion Partners and Capital Partners of Minneapolis are the new owners of the five-building, 254,274-square-foot flex complex. The 32-year-old property, with addresses from 5909 to 6121 Baker Road, is in the northwest quadrant of the interchange of Interstate 494 and Highway 62.
Tremendous bidding activity for flex property in Minnesota
Author: Finance & Commerce
Date Published: 11/07/2017