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LaSalle's Minneapolis Buying Binge Reaches $244 Million

Investor Picks Up Two Multifamily Properties in North Loop Neighborhood
Velo, a six-story, 101-unit building at 115 N. Second St. in Minneapolis, sold for $30.4 million.
Velo, a six-story, 101-unit building at 115 N. Second St. in Minneapolis, sold for $30.4 million.
By Clare Kennedy
CoStar News
December 6, 2018 | 10:50 P.M.

Yet another package of high-end apartments in Minneapolis' white-hot North Loop neighborhood has been scooped up by Chicago-based LaSalle Investment Management, a subsidiary of real estate firm Jones Lang LaSalle.

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