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JV Acquires 848,000-SF Ameriprise Financial Ctr in Minneapolis

Founders Divests Class A Office Tower for $200M
By Justin Sumner
CoStar News
September 7, 2016 | 8:10 AM

A joint-venture between New York-based hedge fund Axar Capital Management and Florida-based real estate investment firm Morning Calm Management acquired the Ameriprise Financial Center office building at 707 2nd Ave. S in Minneapolis, MN.

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News | JV Acquires 848,000-SF Ameriprise Financial Ctr in Minneapolis