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Downtown Minneapolis Rebounds With Third-Biggest Apartment Deal of the Decade

Marquee Sale Makes a Splash After 12 Months of Slow, Low Dealflow
Construction of The Marquee, on the 1400 block of Nicollet Avenue, a prominent block in Minneapolis' Loring Park neighborhood, was completed in 2020. (CoStar)
Construction of The Marquee, on the 1400 block of Nicollet Avenue, a prominent block in Minneapolis' Loring Park neighborhood, was completed in 2020. (CoStar)
By Clare Kennedy
CoStar News
February 8, 2022 | 12:50 AM

An out-of-state buyer paid $61.6 million for The Marquee, an apartment building on the southwest side of downtown Minneapolis, in one of the biggest multifamily sales of the past decade.

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