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Minneapolis tower complex sells for $255M

On behalf of its Allegiance Fund, U.S. real estate investment management company ASB Real Estate Investments divested the Capella Tower skyscraper at 225 S. Sixth St. and the neighboring Star Tribune Building in Minneapolis for $255 million, to Shorenstein Properties LLC.

The 58-story class A tower and the 20-story Star Tribune building together offer 1.4 million square feet of space.