5/21/2008

ASB Real Estate sells Minnesota office property for $10.57M

by Michael Wayne
Crosstown Corporate Center, LLC, a subsidiary of Bethesda, Md.-based ASB Real Estate Investments, has purchased the Crosstown Corporate Center in Eden Prairie, Minn., for $10.57 million from The Realty Associates Fund VII, LP.

The office center is located at 6385 Old Shady Oak Rd. and contains 59,487 square feet. Built in 1999, the property is currently occupied by tenants such as American Investors Bank & Mortgage and Fidelity Bank.

Address: 6385 Old Shady Oak Rd., Eden Prairie, Minn.

Size: 59,487 square feet

Built: 1999

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Filed Under: Office

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