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Hines Sells Off Historic Property in Minneapolis' North Loop

Sale Represents Second Buy for Local Firm With New Investment Fund
Union Plaza, which was built in 1895, was sold this week for $9.25 million. Photo: CoStar
Union Plaza, which was built in 1895, was sold this week for $9.25 million. Photo: CoStar
By Clare Kennedy
CoStar News
May 31, 2019 | 5:35 P.M.

Investor Water Street Partners has acquired Minneapolis Union Plaza, one of the earliest in a series of conversions that turned the city's North Loop from a dilapidated, lonely industrial area into the city's most sought after addresses.

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News | Hines Sells Off Historic Property in Minneapolis' North Loop