Transwestern’s Minneapolis office today announced it negotiated the sale of the Evergreen Industrial Portfolio, a two-building office/warehouse portfolio located in Roseville, Minnesota.  The portfolio was acquired by OP2 Evergreen, LLC, a local investment group.

The diversified portfolio consists of well-located assets in the northern suburbs of Minneapolis/St. Paul.  “The portfolio presents an outstanding value-add opportunity, “says Dan Russ, vice president with Transwestern’s Investment Sales Group. “These buildings present a functional and affordable alternative for companies seeking a presence in the Northeast suburban area,” adds Duane Poppe, vice president with Transwestern’s Minneapolis office, who has a long history working with Waterton on the Evergreen portfolio.

Russ and Poppe brokered the sale on behalf of Waterton Commercial and Lehman Brothers.  

About Transwestern
Transwestern is a diversified operating company active in the real estate service, development and investment management businesses. Transwestern creates value for clients through innovation, penetrating market intelligence and legendary service delivered by teams of local market experts. The firm has product specialties including office, industrial, retail, multifamily and healthcare, as well as research affiliate, Delta Associates.

Please visit www.transwestern.net or follow us on Twitter at @Transwestern.
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