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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. ....
GT Midwest Joins the Kansas Distribution Alliance As one of the Founding Five members, industrial supply and manufacturing company GT Midwest will play a vital role in the Kansas Distribution Alliance s mission to strengthen the industry labor base, provide good jobs for Kansans, and grow the Kansas economy. Pratt, Kansas, UNITED STATES WICHITA, Kan., Feb. 15, 2021 (GLOBE NEWSWIRE) The Kansas Distribution Alliance is proud to announce that industrial supply and manufacturing company GT Midwest has joined as one of its Founding Five members. As an industry leader, GT Midwest will play a vital role in the Alliance s mission of growing a thriving distribution industry that provides good jobs and career growth opportunities for Kansans. ....