Andy Deckas

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    The 18-story building underwent an expansive improvement program under the management of LNR Partners. The special servicer sold the asset with the help of Ten-X.

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    Bolstered by population gains, multifamily demand continues to be strong for both Lifestyle and Renter-by-Necessity assets across the metro, where rents are expected to rise by 4.4 percent in 2018.

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    This month's listings include a distribution center in Columbus, Ohio; a vintage church in downtown Minneapolis; and a top-of-the-line office building in Little Falls, Minn.

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    Along with joint venture partner Ivanhoé Cambridge, the REIT will sell the 674,000-square-foot building to an institutional client of Invesco Real Estate.

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