Thursday, January 12, 2012
Hines Global buys Hopkins building from Cargill for $70M
Hines Global Real Estate Investment Trust bought a 245,000-square-foot building in Hopkins from Cargill Inc. in December for $69.5 million, according to a regulatory filing from the REIT. The seven-story building at 9320 Excelsior Blvd. was the third of three buildings constructed in the Excelsior Crossings development. It opened in 2010 and is LEED Gold certified. Cargill occupies the entire park and has signed a lease for all of the 9320 building that runs through September 2023, according to the filing...
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