5/29/2008

Wrightwood Capital provides acquisition financing for Minneapolis office building

by
Wrightwood Capital has provided $17 million in acquisition financing to Los Angeles, Calif.-based RPD Catalyst for an eleven-story office building in downtown Minneapolis, Minn.

RPD Catalyst purchased the building for $10 million from Base Management and plans to invest an additional $10 million for renovations and upgrades.

The building, called Renaissance Square, is located in Minneapolis' Central Business District at 50 Nicollet Mall. It contains 139,000 square feet and was built in 1898.

Address: 50 Nicollet Mall, Minneapolis, Minn.

Size: 139,000 square feet

Built: 1898

---

Filed Under: Office

E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us

Comments on this article

No comments have been posted in the last 15 days!

Send us your comments on this article

* - Required fields Subject: * Message: * Contact Name: * Contact URL: Contact Email: * Write the characters in the image above:

Related Headlines

• Colliers International welcomes three brokers in California - 5/29/2009
• Texas hotel sells for $4.275M - 5/29/2009
• Massey Knakal lists NoHo retail building for $5.95M - 5/29/2009
• California industrial building sells for nearly $3 million - 5/29/2009
• NAI facilitates sale of Alaska mixed-use building - 5/28/2009
• Long Beach retail center commands $6.05M - 5/28/2009
• Florida land fetches $2.725M - 5/28/2009
• Marcus & Millichap list Virginia retail store for more than $10.2M - 5/28/2009
• Colliers Arnold stays busy in Tampa - 5/27/2009
• Colliers sells two buildings in California - 5/27/2009