Marcus & Millichap Sells Minnesota Apartments in 1031 Exchange

Marcus & Millichap completed the sale of Falcon View Apartments, a 36-unit multifamily property located in Falcon Heights, Minnesota, for $5.09 million. The property is situated on 1.56 acres at 1800-1818 Larpenteur Ave. W. near the University of Minnesota’s St. Paul campus. “We continue to see strong interest in the submarket of Falcon Heights,” said...