Millennium Edina in Edina, Minnesota

JLL Brokers $74.7 Million Sale of Millennium Edina in Minneapolis Suburb

by Channing Hamilton

EDINA, MINN. — JLL Capital Markets has arranged the sale of Millennium Edina, a 227-unit mid-rise community in the Minneapolis suburb of Edina. A private investor acquired the asset from a joint venture between Dakota Pacific Real Estate and Landmark Cos. for $74.7 million. JLL worked on behalf of the new owner to secure the financing. The loan will be serviced by JLL Real Estate Capital, a Fannie Mae DUS lender. Millennium Edina was built in 2021. The property offers features studio, one-, two- and three-bedroom units. Amenities include a game room, golf simulator, movie theater, fitness center, yoga studio, coworking spaces, sunset terrace and a pool.

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