print header

# 1 Commercial Real Estate Information Company

  • Find Properties 
  • Market Properties 
  • Analyze Properties 
Products
Commercial Real Estate News

Slate Retail REIT Acquires 115,000-SF Mapleridge SC

StarPoint Properties Sells Asset for $13.4M
August 21, 2017
Toronto-based Slate Retail REIT acquired the Mapleridge Shopping Center at 2500 and 2501-2515 N. White Bear Ave. in Maplewood, MN for $13.4 million, or about $117 per square foot, from StarPoint Properties LLC.

The 114,681-square-foot shopping center was 89 percent occupied at the time of sale, anchored by Rainbow Foods. It was buitl in 1986 on 22 acres in Ramsey County and was renovated in 2006.

James Leary and Angela Demonte of CBRE represented the seller. The buyer handled the sale in-house.

Please see CoStar COMPS #3974177 for more information on this transaction.
GET IN TOUCH        Contact CoStar News Team:   News@CoStar.com

 Find us on 

Welcome To CoStar's
Industry-Focused,
Award-Winning News

Winner of three Journalism Awards from the National Association of Real Estate Editors (NAREE)

Award-Winning News