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Investor Buys Majority Interest of Edina Retail Bldg.

Group Gains $4M in Sale; Retains 45% Interest in Property
By Cindi Nowak
December 31, 2007 | 9:14 P.M.

Eden Ventures LLC acquired an interest in a retail building at 4917 Eden Ave. in Edina, MN, from IMetro Property Minneapolis LLC for $4.2 million, or about $242 per square foot. Michael Roess of IMetro Property Minneapolis LLC sold 55% of his interest to Ned Abdul of Eden Ventures LLC.

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