The purchase, which closed cheap christian louboutin Wednesday, includes the 17 story TCF Tower at 121 S. 8th St. and the adjacent four story TCF Bank Building at 801 Marquette Av. S.
The combined cheap louboutin shoes properties are home to TCF National Bank and more than 40 other tenants and are 90 percent occupied, according to buyer Franklin Street Properties Corp. in Wakefield, Mass. The buildings are considered solid Class cheap louboutin B office properties.
"This is really the first major christian louboutin cheap transaction we've seen in almost two years in the Twin Cities in total," said Tom Holtz, an executive vice president at CB Richard Ellis, which handled the sale. "When the market crashed in 2008, the commercial real estate market virtually came to a standstill." He called the sale "an indication that the cheap christian louboutin shoes market is slowly but surely starting to thaw."
The combined cheap louboutin shoes properties are home to TCF National Bank and more than 40 other tenants and are 90 percent occupied, according to buyer Franklin Street Properties Corp. in Wakefield, Mass. The buildings are considered solid Class cheap louboutin B office properties.
"This is really the first major christian louboutin cheap transaction we've seen in almost two years in the Twin Cities in total," said Tom Holtz, an executive vice president at CB Richard Ellis, which handled the sale. "When the market crashed in 2008, the commercial real estate market virtually came to a standstill." He called the sale "an indication that the cheap christian louboutin shoes market is slowly but surely starting to thaw."