Minneapolis/St. Paul Business Journal Weidner Apartment Homes has paid $55 million, or $282,051/unit, for the 195-unit Edition Apartments in Minneapolis. The Kirkland, Wash., company purchased the property from an affiliate of Invesco Real Estate of Dallas. The six-story property, at 511 South 4th St., was built in 2016 and has studio, one-, two- and three-bedroom […]

The post 195-Unit Apartment Property in Minneapolis Sells for $55Mln appeared first on Commercial Real Estate Direct.