Property Details

Property Name: Gaviidae Commons
Address:
655 Nicolett Mall Minneapolis MN
Acquisition Date:
2/12/2020

Property Description

Jacobs Real Estate Advisors, LLC with an affiliate purchased 651 Nicolett Mall which is part of Gaviidae Commons a 443,000 SF mixed use office and retail complex in Downtown Minneapolis. The Property was acquired from Nightingale Properties. Gaviidae Commons is located on Nicollet Ave, between 7th and 8th street and anchored by a new YMCA and Walgreens.

Property Features
  • Type: Retail
  • Status: current
  • Build IN: 2020
  • IRR: 12%
  • Price: 4,150,000
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