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Former Minneapolis Federal Reserve Building Garners $61 Million

Spear Street Capital Sees 50% Gain Over Sale Price of Four Years Ago
The building at 510 Marquette Ave. in Minneapolis was originally constructed in the 1920s, but most of the neoclassical elements were stripped from the structure or concealed by additions over the years. (CoStar)
The building at 510 Marquette Ave. in Minneapolis was originally constructed in the 1920s, but most of the neoclassical elements were stripped from the structure or concealed by additions over the years. (CoStar)
By Clare Kennedy
CoStar News
December 17, 2019 | 8:18 P.M.

San Francisco-based Spear Street Capital has flipped a historic downtown Minneapolis office building for almost $20 million more than it paid for the property four years ago.

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