CBRE arranged $49.6 million in financing on behalf of Wildamere Properties for the purchase of Plymouth Corporate Center.

The real estate firm leveraged its relationship with GE Real Estate to secure the four-year loan of $45 million from General Electric Capital Corp. The lender will also give Minnetonka-based Wildamere, and its undisclosed joint-venture partner, an additional $4.6 million for capital improvements.

Wayzata-based TCF Financial Corp. is relocating all of its more than 1,100 employees from downtown Minneapolis to the Plymouth Corporate Center on the I-394 corridor following a significant renovation to the two-story surburban office park.

Carlson Real Estate sold the 628,000-square-foot office center for $62.5 million on April 10.

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45-unit Laguna Apartments to break ground in south Minneapolis

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Another luxury apartment building planned for Hennepin in downtown Mpls.