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DRA Advisors Lands Buyer for Minneapolis-Area Office Campus Against Backdrop of Valuation Declines

Real Estate Investment Firm Sells Two-Building Complex at Fraction of Prior Sale Price
The two-building Waterford Park office campus in Plymouth, Minneapolis, is home to a number of financial and professional services tenants. (Lia Huemoeller / CoStar)
The two-building Waterford Park office campus in Plymouth, Minneapolis, is home to a number of financial and professional services tenants. (Lia Huemoeller / CoStar)
CoStar News
August 30, 2024 | 6:55 P.M.

Despite its concentration of major corporate tenants and highly educated workforce, the Minneapolis suburb of Plymouth, Minnesota, hasn't been immune to the widespread valuation decline plaguing office markets across the country as buyers scoop up properties at significantly discounted prices.

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