AtWater Group purchased the Valley Square Corporate Center at 7500 Olson Memorial Hwy in Golden Valley, MN from Sun Life Financial for $11.7 million, or about $143 per square foot.
The three-story, multi-tenant office building totals 81,932 square feet and was built in 1985.
“Our goal is to make our buildings the best quality they can be and energy efficient with the goal of saving operating costs for our tenants,” said Marva Beckman-Lasky, vice president and asset manager for Atwater, which has made notable upgrades to its other properties in the market with a focus on common areas, amenities and building sustainability.
Aaron Barnard of Cushman & Wakefield represented the buyer.
Please see CoStar COMPS #4033619 for more info on this transaction.