Minnesota

ST. ANTHONY, MINN. ­— A partnership between ARTISAN Capital Group and Eastham Capital has purchased Equinox Apartments, a 266-unit property in St. Anthony, about 5 miles north of Minneapolis. Fannie Mae provided an undisclosed amount of financing for the acquisition. Built in 1974 on 17.5 acres, Equinox Apartments features a mix of 151 one-bedroom and 115 two-bedroom apartments. Each unit includes a walk-in closet and patio or deck. Amenities include a clubhouse with entertainment space, indoor and outdoor pools, a fitness center, grilling area, dog park, playground and detached parking …

BROOKLYN PARK, MINN. — Spyglass Capital Partners has acquired 610 West Apartments, a 480-unit community in Brooklyn Park, roughly 15 miles northwest of downtown Minneapolis. JLL Capital Markets represented the seller, The Doran Group, in the transaction. Additionally, JLL secured acquisition financing through Fannie Mae on behalf of the buyer. Josh Talberg and Joseph Peris led JLL’s investment and sales advisory team. Scott Loving, Ken Dayton and Pat McMullen of JLL secured the acquisition financing. Located at 6717 Oak Grove Parkway, 610 West Apartments consists of four buildings. The community …

FOREST LAKE, MINN. — Gaughan Cos. has sold Village Apartments, a 252-unit community in Forest Lake, roughly 27 miles northeast of Saint Paul, Minnesota, for $24.5 million. Josh Talberg of JLL Capital Markets brokered the sale. The asset was part of Gaughan’s Minnesota Legacy Apartment Portfolio, which consists of nearly 800 units. The buyer was not disclosed. Situated at 407 11th Ave. SW, Village Apartments was built in 1969. The three-story property offers studios, one- and two-bedroom apartments. Amenities include gated access, laundry facilities, picnic areas, a playground, a pool …

ST. PAUL, MINN. — Marcus & Millichap has brokered the sale of Wheelock Parkway Apartments, a 103-unit community located at 1609 N. Woodbridge St. in St. Paul, for an undisclosed price. Wheelock Parkway Apartments was built between 1965 and 1967. The property comprises 44 one-bedroom and 59 two-bedroom units across 85,580 square feet of rentable space. Amenities include a pool, laundry facilities, picnic areas, a walking path and playground. Chris Collins, Evan Miller, Eric Wagner, Matthew Shide and Zack Olson of Marcus & Millichap represented the seller, a Minnesota-based limited …

BURNSVILLE, MINN. — JLL Capital Markets has negotiated the sale of Shalimar Estates, a townhome community comprising 48 units in Burnsville, 15 miles south of Minneapolis. JLL represented the seller, Gaughan Cos., in the deal. The buyer was not disclosed. Josh Talberg and Bill Mork led the JLL Capital Markets Investment Sales Advisory team. Shalimar Estates is part of Gaughan’s 800-unit Minnesota Legacy Apartment Portfolio, which JLL has been marketing for sale. The community is situated on 5.6 acres at 13340 Parkwood Dr. Townhomes come in three-bedroom layouts and feature washers …

COON RAPIDS, MINN. — JLL Capital Markets has brokered the sale of Oakmont Apartments, a 48-unit complex in the Minneapolis suburb of Coon Rapids. Gaughan Cos. sold the asset to a local private investor for an undisclosed price. Oakmont Apartments was built in 1974. The property offers studio, one- and two-bedroom floor plans. Amenities include an on-site laundry facility, garage parking. JLL facilitated the sale of Oakmont Apartments as part of Gaughan’s larger Minnesota Legacy Apartment Portfolio, which consists of nearly 800 units. Josh Talberg and Bill Mork led the JLL …