Just Listed brings you the latest news and information from the Twin Cities-area commercial and residential real estate market and beyond from veteran reporters Jim Buchta and Kristen Leigh Painter.

Sale of Carlson tower final

Posted by: Janet Moore Updated: June 12, 2014 - 5:18 PM

The sale of one of the two Carlson towers at the intersection of Interstates 394 and 494 is complete.

Accordint to a securities filing, KBS Real Estate Investment Trust II sold the 15-story office building -- known as the 601 Tower -- to a subsidiary of Canadian-based Artis Real Estate Investment Trust for $75 million. The tower spans 288,458 square feet of rentable space, and contains 2.3 acres of land.

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