An Edina investor paid $3.61 million for the 26,657-square-foot Carpet One Floor & Home complex at 5139 West Frontage Road along U.S. 52 North on Nov. 1, 2022.
Stewartville Flats LLC bought Flats 55 at 1501 11th Ave. NW in Stewartville on Dec. 31. The Eau Claire, Wis.-based firm, led by Matt Onofrio, made a downpayment of $1.88 million as part of the transaction.
Downtown Med City complex sold for $14 million
City Centre, the 45,000-square-foot complex at 310 S. Broadway, was purchased on May 19 by Rochester NNN3 LLC. for $311 per square foot or a total of $14 million. Real estate investor Dr. Matt Onofrio sold the property under the name of Advanced Auto LLC. Written By: Jeff Kiger | ×
A 13-year-old commercial complex in the heart of the Med City’s downtown recently was sold for $311 per square foot or a total of $14 million.
City Centre, the 45,000-square-foot complex at 310 S. Broadway, was purchased on May 19 by
Rochester NNN3 LLC. Real estate investor
Dr. Matt Onofrio sold the property under the name of Advanced Auto LLC.
Months after acquiring and then selling a Golden Valley office and warehouse building, Wild Moose Ventures sold the property again last week, this time for $15.35 million.
Brentwood, California-based Golden Island Holdings LLC purchased the Boone Plaza building, at 1000 Boone Ave. N., in a late April deal that was made public last week in an electronic certificate of real estate value. The seller, Lakeside Holdings LLC, is related to Wild Moose, which bought and sold the property for a profit of $1.536 million during one day in December.
An entity related to Wild Moose, Northwoods Management LLC, first purchased the fully leased property in December for $11.514 million in cash. This worked out to $92.80 per square foot. It bought the property from MSP Boone Plaza LLC, an entity related to Minneapolis-based Big River Real Estate. Big River originally bought the property for $8.5 million in 2018, according to an eCRV.