trending Market Intelligence /marketintelligence/en/news-insights/trending/H81bVLef7ax-XK94pv5m8Q2 content esgSubNav
In This List

Ryan Cos.-linked entity buys Minneapolis building for $33M


Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise


FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Ryan Cos.-linked entity buys Minneapolis building for $33M

A Ryan Cos. US Inc.-linked entity purchased the WoodLake Centre at Richfield in Minneapolis for $33 million from Los Angeles-based investor Laurus Corp., the Minneapolis / St. Paul Business Journal reported, citing a certificate of real estate value.

The 190,000-square-foot building at 6601 Lyndale Ave. S sits on a 4.55-acre site and also includes a 758-stall parking ramp. The asset is 87% leased to BMO Harris Bank, Metro Dentalcare, Allina Health System and a Houlihan's restaurant, the March 18 report added.

The property previously changed hands in 2014 for $20.3 million, the publication added, citing Hennepin County property records.

Cushman & Wakefield represented the seller.