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Hines Pays Nearly $100 Million for Apartments in Heart of Minneapolis

Texas Firm Picked Up Developments in Downtown, Northeast Districts
Hines has purchased The Gibson, an apartment building in Minneapolis' Northeast district, in a two-property deal. (CoStar)
Hines has purchased The Gibson, an apartment building in Minneapolis' Northeast district, in a two-property deal. (CoStar)
By Clare Kennedy
CoStar News
January 3, 2022 | 3:28 AM

A deal late in the year has put Minneapolis' multifamily market back on the map after 24 months of muted sales activity, a potential a sign that investors could look more closely at the city in 2022.

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IN THIS ARTICLE


  • Properties
    • Ox-Op

      1111 Washington Ave, Minneapolis, MN

    • The Gibson

      703 Central Ave, Minneapolis, MN

News | Hines Pays Nearly $100 Million for Apartments in Heart of Minneapolis