Minnesota is the hot spot for our NNN Commercial Real Estate news for the day. Our NNN Commercial Property Investors are very interested in the Twin Cities area for NNN Investments. we wanted to report that a partnership affiliated with Hines Interests is preparing to purchase the Minneapolis Investment Property, known as 50 South Sixth. This NNN Commercial Property Investment is situated in the energetic downtown Minneapolis.

Many NNN Commercial Real Estate Investors would favor these types of Ground Lease with Target however that deal is not in play. NNN Commercial Real Estate Investors might also look at Sears or JC Penney with a Sale-Leaseback and possibly absolute NNN Lease Investments or Ground Leases.

Today we have NNN Commercial Real Estate information on Non Recourse Loans and Net Leased Office Buildings. We have information on Lexington Realty Trust, a real estate investment trust (REIT). This real estate investment trust has recently obtained a $37 million Non Recourse Loan. This Non Recourse Loan is in first position for mortgage loans. This Net Lease Funding was secured by an Office Building that is situated in the University of Utah’s Research Park. This Net Lease Investment is located in Salt Lake City, Utah.