Slammed by the lingering impacts of the pandemic, downtown Minneapolis' stumbling office market recovery has been thrown into the spotlight with a lender's recent takeover of one of the city's most prominent high rises.
Lender takes over one of Minneapolis' largest office towers amid stagnant market recovery
Deed-in-lieu of foreclosure transfers high-rise ownership following years of plummeting occupancy
By Katie Burke
CoStar News
February 27, 2025 | 12:17 AM
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IN THIS ARTICLE
- Properties
- Two22
222 9th St, Minneapolis, MN
- Capella Tower
225 6th St, Minneapolis, MN
- Empire Building
360 Robert St, Saint Paul, MN
- Endicott Arcade
134 5th St, Saint Paul, MN
- Companies
- Oaktree Capital Management, L.P.
Finance and Insurance
- Lingerfelt
Finance and Insurance
- Fox Rothschild
Professional, Scientific, and Technical Services