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.

This NNN Commercial Property development is situated on approximately 9.43 Acres. The California retail shopping center has net lease property tenants that include a Ralph’s Grocery Store, a Big Lots Store, CVS Pharmacy and Kragen Auto Parts. This is a unique NNN Commercial Property investment as it is one of the only retail shopping centers north of the 210 freeway in Sylmar. This California NNN Lease Investment is situated in a very busy area.

We do have NNN Commercial Real Estate news from one of our favorite areas, the Bay Area in California. A Commercial Real Estate development in San Jose, California sold for approximately $54 million. This California Investment Property development is an apartment complex commonly known as the Bella Villagio Apartments. The Bella Villagio Apartments development has 231 units for Tenants to lease.