Minneapolis Retail Center

Minneapolis Area, Minnesota

Minneapolis Retail Center
Minneapolis Retail Center 2

The Minneapolis Retail Center is a high-end, enclosed upscale mall with 70 national specialty stores and local shops. The retail offering includes home furnishings, housewares, apparel, jewelry and gifts, five restaurants, and luxury brands like Louis Vuitton, Tiffany & Co., and David Yurman. The center recently underwent a redevelopment of the East End converting the old Barnes & Noble to a new wing of the center, expanding it by 17,000 square feet and pushing rents to market rates. Barnes & Noble downsized to a new store which now includes a restaurant on the lower level.

The shopping center—located in a prestigious, mixed-use community—is in close proximity to a hotel, country clubs, golf courses, parks and lakes.

Shoppers can easily access the property from three major highways—Minnesota State Highways 62 and 100 and Interstate Highway 494.

Property type

Retail

Ownership

Owned by Hines Global REIT

Location

Minneapolis Area

Acquisition Date

August and December 2012

Space

97% leased
400,530 square feet

Retailers include Gabberts Design Studio & Fine Furniture, Barnes & Noble, Crate & Barrel, Pottery Barn, Restoration Hardware and Design Within Reach