CBRE recently represented Principal Real Estate Investors in the sale of Two22, a 730,000-square-foot, 42-floor office tower in Minneapolis, to Lingerfelt Commonwealth Partners, LLC, a Richmond, Virginia-based commercial real estate investment firm. Ryan Watts, Judd Welliver, Sonja Dusil and Tom Holtz of CBRE Minneapolis represented Principal Real Estate Investors in the transaction.
“Positioned in the heart of the Minneapolis CBD, Two22 stands out as one of the most distinctive towers in the Minneapolis skyline,” said Watts. “CBRE has had a fantastic relationship with Principal Real Estate Investors and we are thrilled that we could arrange this outstanding sale transaction for one of the premier office properties in the Twin Cities.”
Built in 1985, Two22 was originally known as the Piper Jaffray Tower and most recently as Campbell Mithun Tower. Two22 stands as the fifth tallest building and the second tallest glass-curtain building in Minneapolis.